Hermès isn't just surviving the luxury slump — it's thriving
Hermès reported sales of $4 billion in its third-quarter earnings Thursday. It comes as luxury industry peers LVMH and Kering ...
Luxury king Bernard Arnault's net worth takes multibillion-dollar hit after LVMH shares fall
LVMH founder and CEO Bernard Arnault has seen his net worth take a hit this year as the luxury goods conglomerate's stock ...
Luxury brand Chanel to sponsor Oxford and Cambridge Boat Race
French luxury brand Chanel will sponsor Britain's historic Oxford and Cambridge Boat Race next year in the first sporting ...
MarketWatch9d
LVMH executive says it would be a mistake to offer more affordable products. Here’s why he’s right.
That was Jean-Jacques Guiony, chief financial officer of French luxury group LVMH FR ... describe consumers who hope to own items from luxury brands. Back To Top ...
hotelmanagement1d
‘The brand is back’: Sofitel CEO Maud Bailly reveals grand plans for luxury brand at the reopening of a Sydney icon
Accor’s French luxury brand Sofitel is set to expand and upgrade its network of hotels in Australia and New Zealand among 30 ...
Tough luxury market dims Dior’s shine
Average prices for luxury goods tracked by HSBC have risen 50 per cent since 2019. Dior has raised them the most, according ...
Reuters10d
LVMH sales fall 3% as China demand for luxury goods worsens
PARIS, Oct 15 (Reuters) - French luxury giant LVMH (LVMH.PA), opens new tab reported ... cause more short-term volatility," ...
Luxury stocks slide as LVMH disappoints and Wall Street eyes few signs of stronger China demand despite stimulus
LVMH's commentary on demand in China was a warning for luxury brands, which have relied on Chinese consumers to drive growth ...
ndtvprofit6d
Arrival Of The Indian Era: How Global Luxury Brands Are Growing With Indian Ambassadors At Their Heart
In an era where globalisation is evolving into a more tailored experience, India has now become home to a fast-growing base ...
Accor’s Hotels Got a Boost From Luxury Spending and the Olympics
Despite advance skepticism, the Paris Olympics provided a sugar rush for Accor's hotels. But the company may need more than ...
Morningstar9d
LVMH executive says it would be a mistake to offer more affordable products. Here's why he's right.
That was Jean-Jacques Guiony, chief financial officer of French luxury group LVMH (FR ... describe consumers who hope to own items from luxury brands. Guiony said the company shouldn't offer ...