Switzerland is facing potential U.S. tariffs of 39% if a deal is not struck by Thursday. Consumers will mostly be familiar ...

Second quarter sales at Bernard Arnault’s luxury goods powerhouse LVMH, as well as at Prada and Moncler, were hit by lower ...

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

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

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.

PARIS/NEW YORK (Reuters) -Luxury goods companies were spared their worst case scenario in Sunday's EU-U.S. trade deal but ...

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

Some people collect luxury goods such as investment pieces. Think of a Birkin bag, art by the legendary Jean-Michel Basquiat or a Rolex.

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