Luxury brands are grappling with a significant sales slump, raising concerns over the long-term structural attractiveness of ...

LVMH shares rebounded as investors bet that relief is in sight for the luxury goods titan after another quarter of declining ...

Amid President Trump's trade war, tariffs are leading to higher prices, which is causing a slump in luxury sales of apparel ...

Famed French fashion brand Louis Vuitton faces a money laundering probe in the Netherlands over cash purchases made by a ...

Switzerland is home to some of the world's most famous watch, chocolate, pharmaceutical and precision instrument brands in ...

The global market for perfumes and handbags faces mounting challenges, as European exports to the US will be subject to a 15% ...

Sales during the first half rose in all markets but decelerated significantly in Japan as the company confronts soft demand ...

Julius Baer's latest Global Wealth and Lifestyle Report found Dubai, Bangkok, and Tokyo are rising fast as new luxury hubs.

Despite the global slowdown in the luxury goods sector, Europe is showing growth. In 2024, the value of the market in the region increased by 3% and reached almost €110 billion. What is behind this ...

Luxury goods market faces a potential 5% drop, its worst downturn since 2009 (excluding 2020). Consumers, disillusioned by post-pandemic price hikes and stagnant creativity, are detaching from brands.

Global sales of personal luxury goods are forecast to shrink in 2025 for the first time since the Great Recession, according to a Bain consultancy study released Wednesday. The outlook could ...