LVMH reported 3Q2024 ended down 3%, with Asia off 16% and Fashion & Leather Goods down 5%. LVMH called it a cyclical downturn ...

SHANGHAI >> China’s second-hand and grey markets for luxury goods are booming, as price hikes from luxury brands in a weak ...

Demand for luxury goods is slowing in China, and tough economic conditions aren't only to blame for this.

European luxury shares have slid on investor concerns that Hermes handbags and Dior slingbacks may be Beijing's next targets ...

A Thai woman involved in the $32 million luxury goods scam has pleaded guilty to cheating and money laundering on Monday (Oct ...

By Mimosa Spencer and Dominique Patton PARIS (Reuters) -French luxury giant LVMH reported a 3% fall in third-quarter sales, ...

Imports of watches from China saw a 64 percent year-on-year increase, suggesting North Korea's leader is stepping up rewards ...

Faced with a depressed luxury goods market, the sector's global leader has published a fall in revenue for the first time ...

Pansuk Siriwipa spent money from the business on a private jet flight, a downpayment for a sports car and a property in ...

But the main reason for the slowdown is that Chinese shoppers have pulled back. China has been a huge growth story for luxury ...

A Thai woman at the centre of a S$32 million (RM104.8 million) luxury goods scam has pleaded guilty to multiple charges of ...

A group of women leaders in the country on Friday organised an auction of luxury goods whose proceeds will go towards ...