US spending on luxury brands down 6% on year Luxury demand “fragile” after US election Moves could erode profit margins PARIS ...

We’re very attached to our production where it is,” executive chair Axel Dumas previously said of Hermès's manufacturing.

Shortsellers targeted a wider range of equity sectors in March before U.S. President Donald Trump's April 2 "Liberation Day" ...

Europe’s wealthiest individual, Bernard Arnault, is head of luxury goods empire LVMH — and has a lot to lose from a spiraling ...

LVMH lost its position on Tuesday as Europe's largest luxury company in terms of market capitalization after being overtaken by rival Hermes due to investor pessimism after disappointing first-quarter ...

LVMH stock tumbles 8% as Q1 sales fall short, dragging luxury peers lower amid geopolitical tensions and economic concerns.

We now expect 2025 to be another depressed year for the brand.

Kering’s pricing power is strong, resulting in gross margins at the higher end of the peer range (mid-70% reported and in the 80% range, channel-adjusted). Absolute pricing of Gucci’s handbags is in ...

In 2025, the luxury market faces headwinds unlike any seen since the Great Recession or Covid due to the threat of tariffs to ...

Prada said Thursday that it had reached a deal to buy Versace for 1.25 billion euros ($1.38 billion), building a new Italian fashion powerhouse and hoping to insert much-needed "spark" ...

The purchase, the largest in Prada’s 112-year history, returns Versace to Italian ownership and could put the company in a ...

Here are ten of the biggest luxury acquisitions by value globally in recent years, in order of size: In January 2017, Italian ...