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Shinsuke Sakimoto, the CEO of luxury goods reseller Valuence Holdings Inc., revealed himself as the buyer of a Hermès Birkin ...
Fear stalks the luxury goods industry, but a fightback is currently being led by LVMH and the other names - hinting that it may be time to start bargain shopping for luxury goods shares.
Despite the global slowdown in the luxury goods sector, Europe is showing growth. In 2024, the value of the market in the region increased by 3% and reached almost €110 billion. What is behind this ...
Luxury's focus on accessibility fueled growth but alienated top spenders. Now facing a slowdown, brands must return to core ...
Cashmere king Loro Piana, part of LVMH’s luxury empire, became on Monday the fifth high-end brand to be put under judicial ...
(Reuters) -Swiss luxury group Richemont reported a 6% rise in quarterly sales on Wednesday, lifted by strong demand for ...