Prada Sales Jump as Miu Miu Flats, Cardigans Prove to Be Big Fashion Hits
Prada SpA’s sales jumped as the Italian fashion company lured shoppers eager to buy its Miu Miu ballet
2023-10-31 21:25
Tougher Times for Luxury Brands Separate Winners From Losers
The luxury-goods industry’s first slowdown since the pandemic is separating the winners from the losers. Kering SA warned
2023-10-25 21:24
Gucci Sales Fall as Kering Lags Rivals Facing Luxury Slowdown
Gucci sales fell as Kering SA’s biggest brand grapples with the twin challenges of a luxury goods slowdown
2023-10-25 00:51
L’Oreal Sales in North Asia Hit by Slump in Travel Retail
L’Oreal SA sales in the region that includes China unexpectedly fell in the third quarter as the cosmetics
2023-10-20 01:47
London Regains Europe’s Stock Market Crown, Lifted By Oil Surge
London has recaptured its crown as Europe’s largest stock market from Paris, lifted by surging crude oil prices.
2023-10-19 15:16
Billionaire Arnault Loses Spot as World’s Second-Richest Person to Bezos
Bernard Arnault lost his spot as the world’s second-richest person as a selloff in luxury stocks pushed his
2023-10-17 05:59
Chinese Opt for Trendy McDonald’s Over Hermes in Blow to Hong Kong Tourism
Mainland Chinese visitors to Hong Kong used to flaunt Hermes handbags in shopping malls for social media photos.
2023-10-13 07:47
A $245 Billion Selloff Signals Less Sparkly Future for Luxury Stocks
The wealthy shoppers who fueled LVMH’s rise to Europe’s most valuable company and made its founder the world’s
2023-10-11 20:27
LVMH Sales Growth Slows as Global Luxury Demand Cools
LVMH’s sales growth softened in the third quarter as shoppers reined in spending on high-end Cognac and costly
2023-10-11 00:51
Jay-Z’s Champagne Maker Is Planning an Even More Exclusive Brand
The small French winemaker behind Jay-Z’s Champagne is laying the groundwork for the launch of another luxury brand,
2023-10-06 16:22
LVMH’s Duty-Free Unit Bets on China Luxury Hub With Mega Mall
DFS Group, the travel retail arm of luxury conglomerate LVMH, plans to build a major shopping and entertainment
2023-10-03 12:53
Sabato De Sarno’s First Gucci Show Brings Miniskirts, Platform Loafers
New creative director Sabato De Sarno’s first Gucci show in Milan featured a fresh image for the brand,
2023-09-23 04:27