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Luxury brand stocks plunge to lowest level in years as LVMH, Kering and Hermès hit with sales declines
Luxury powerhouses including Hermès and Cartier are suffering steeper slumps in China, in a sign that a spending pullback by the country’s wealthy consumers is hitting even the most resilient brands
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Luxury Swiss watchmaker Audemars Piguet is set to open one of its largest Asian flagship stores in a prime Hong Kong tower owned by New World, betting on resilient demand from the city’s growing ranks of wealthy residents
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Luxury cruise passes former capitals and Buddhist ruins before floods intervene. - Nikkei
Luxury goods companies sometimes destroy unsold products to keep retail values high. New EU regulations mean that soon they’ll have to reveal what they shred and burn. Read more:
📷: Alessia Pierdomenico/Bloomberg
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Luxury goods companies sometimes destroy unsold products to keep retail values high. New EU regulations mean that soon they’ll have to reveal what they shred and burn
Luxury giant Richemont and US retailer Signet Jewelers are in talks to join a consortium that’s in prime position to buy diamond miner De Beers, sources say
Luxury real-estate Alexander brothers face life in prison over 'sex crimes of extraordinary magnitude'
Luxury Condos Seized In Singapore’s Massive Money-Laundering Case Go Unsold
Luxury investors may have to wait until 2027 for any potential upswing
