The French luxury goods conglomerate's American Depositary Receipts (ADRs) slumped 8.5% in the US following the results. However, LVMH's shares have risen by 18% this year in European markets ...

Shoppers around the world, their appetites still soured by cost-of-living increases, have turned away from luxury brands. Winning them back and reviving the luxury-goods industry’s sales, BofA ...

In 2025, the world’s wealthiest individuals will shift their spending priorities, favoring travel and wellness over traditional luxury goods. According to a new study by financial services firm ...

luxury brands must also keep in step by utilizing the most secure techniques and tools available to secure their goods. The latest NFC tags adopt the needed security and privacy features to make this ...

Innovation didn’t keep up to warrant those prices, diminishing the overall appeal of luxury goods over time. Now, even the industry’s highest spenders, who are expected to contribute up to 80% ...

Las Vegas(KLAS)-Hermes is a luxury brand known for their beautiful creations like the Kelly and Birkin bags. But now knockoffs are taking the internet by storm with the new “Wirkin” known as ...

People aren't shopping luxury like they used to—and it might not be the same ever, new State of Fashion report finds. © 2024 Fortune Media IP Limited. All Rights ...

One wrinkle in Rolls-Royce's growth plans, especially in the US, which is the company’s biggest market, is the threat of tariffs on international goods, especially luxury goods. “If you put a ...

Unlike in the past, when counterfeit purchases were kept private due to fear of judgment, posts on parent-focused online communities now openly share lists of stores offering counterfeit luxury goods ...

which fueled around 40% of global luxury goods growth during those years, according to the report. However, Chinese consumers have since tightened their luxury budgets. Last year, luxury brands ...

PARIS, Jan 15 (Reuters) - Global luxury goods companies are expected to pull out all the stops this year to persuade U.S. shoppers to splash out on diamond bracelets, quilted leather handbags and ...