China's luxury market declined by 18% to 20% in 2024, marking the end of a period of "exponential growth", with sales ...
Mulberry Group is seeking to win back customers in Britain, build a digital presence in the United States and scale back in ...
Luxury brands are increasingly embracing adaptability and steadiness in the Chinese market, positioning themselves for ...
Luxury stocks face volatility despite LVMH’s 1% sales rise. Kering and Hermes saw share declines, while Richemont and ...
China's luxury market declined by 18 per cent to 20 per cent in 2024, marking the end of a period of "exponential growth", ...
Luxury giants like LVMH and Kering have shed hundreds of billions of dollars in their market value. Read more at straitstimes ...
Consumers in China are brand loyal when buying luxury goods, but that's not true for apparel where shoppers are likely to ...
China’s luxury market sales are estimated to have plunged as much as 20% in 2024, the steepest since at least 2011, as the country’s economic slowdown dents consumer confidence, according to ...
have been hard hit in China, which accounts for around a third of global luxury goods sales. Consumer confidence in the world's second-largest economy remains stubbornly low following a prolonged ...