In 2025, the global luxury goods sector faced a prolonged slowdown, hit by economic headwinds, shifting consumer preferences ...
SHENZHEN, China — China’s well-to-do once rushed to buy fabulously expensive luxury goods during the go-go years of rapid economic growth in the first two decades of this century. The boom even ...
PARIS, Oct 22 (Reuters) - Europe's luxury companies from LVMH (LVMH.PA), opens new tab to Hermes (HRMS.PA), opens new tab and L'Oreal (OREP.PA), opens new tab are tentatively pointing to signs of a ...
Luxury brands selling in China are charting new paths to reach consumers as the nation faces slowing growth, weak demand, and potential prolonged deflation. At the Business of Luxury Summit in Hong ...
SHANGHAI, Oct 27 (Reuters) - As Chinese shoppers dip toes back in the luxury pool, brands are targeting economically resilient high-earners with distinctive, personalised experiences as their focus ...