As business owners, we must not only acknowledge the trend of "fast consumption" but also work to educate our customers ...

The publication of third quarter sales for LVMH, Kering and L'Oréal reveals just how difficult the global luxury goods market ...

Wednesday’s edition of Forbes Daily covers soaring government bond yields, a massive lithium discovery, the best customer ...

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

Hermes reported a rise in sales for the third quarter as the Birkin handbag maker continued to defy a slowdown in demand for ...

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

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

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

The luxury industry may be in a slump, but consumer demand for Kelly handbags shows no signs of faltering. French luxury ...

German premium automaker Mercedes-Benz on Friday said third-quarter earnings in the core car division plunged by 64% as ...

The Birkin handbag maker reported a rise in sales, defying a slowdown in demand for luxury goods that has hit many of its competitors, including Kering. Shares rose around 1% in Paris. ↗️ [Kering (FR: ...

Mr Edun confirmed that a bill currently before the National Assembly proposes a gradual increase in VAT for luxury items, while essential goods consumed by poorer Nigerians will either remain exempt ...