China announced retaliatory tariffs on U.S. goods totaling $14 billion in annual sales. Of equal interest, China did not add ...

For years, the nation’s consumers drove the global stampede for high-priced goods, fueling profits for giants like LVMH and ...

With the increased consumer demand for premium and sustainable products, the luxury-brand sector is flourishing. Hence, it ...

HomesToLife Ltd's stock price surged despite declining revenue and NOPAT, suggesting market cap is driven by unrealistic ...

The updates pointed to a possible bottom of the recession in the luxury sector, which has been struggling with falling demand. In addition, a strong rebound in the U.S. was viewed as a potential ...

LVMH posted subdued quarterly results due to continued weakness in the fashion and leather goods segment. The results ...

Revenue: €84.7 billion. Profit from recurring operations: €19.6 billion. Free cash flow: €10.5 billion. Acceleration in the fourth quarter, driven by Asia, the United States and Europe. Major economic ...

World's largest hotel franchisor positioned for long-term success following a year of global expansion, new brand openings and numerous owner and guest investments PARSIPPANY, N.J., Jan.

That means shopping for everyday goods could become more expensive, warn economists. “For far too long, we have relied on taxing our great people using the Internal Revenue Service (IRS ...

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 ...

Broad-based growth A noteworthy trend in 2024 has been the market's broad-based growth. While luxury areas like Saadiyat and Yas have led the charge, more affordable locations, including Reem ...