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Business

European luxury stocks rally as Richemont posts record quarterly sales

Richemont reported strong quarterly results, driven by festival sales, despite ongoing weak demand in China. The robust earnings lifted rival share prices, buoying the European luxury sector on Thursday.

Lifestyle

Castlecore, mocha mousse and aliens: The biggest 2025 fashion trends

From "rocket heels" to chainmail tops - and a hefty dose of nostalgia, the fashion of 2025 is all about playful curiosity and comfort.

Culture news

Gucci, Valentino, Versace, and Balenciaga headline Rome exhibition

"Memorabile. Ipermoda" at Rome’s MAXXI Museum Rome showcases iconic fashion designs and explores their evolution and impact on culture.

Lifestyle

GPHG 2024: IWC Schaffhausen wins the Aiguille d’Or Prize

The Grand Prix d’Horlogerie de Genève award ceremony is the most hotly anticipated event of the Swiss watch industry calendar, where the crème de la crème of watchmakers presents their best timepieces.

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Business

Will the luxury goods market shrink in 2025 due to Trump tariffs?

A study says the global luxury goods market will shrink in 2025 and Trump tariffs could make it worse.

Lifestyle

GPHG 2024: Luxury watchmakers fight for new 'eco innovation' award

Cactus leather, recycled carbon fibre and vegetal rubber: low-impact materials are the new prestige in luxury watches. Chopard won the brand new "eco-innovation" prize at this year's GPHG awards.

Business

Hermès bags support from super-wealthy despite China slowdown

The French firm is outflanking rivals LVMH, Kering, and Burberry as demand for handbags remains strong.

Business

LVMH misses expectations as luxury stocks experience growth slowdown

Major European luxury stocks have experienced a slowdown in growth, primarily due to softened global purchasing power, particularly in China.

Business

Austria's embattled Signa Holdings sells stake in Selfridges

Saudi Arabia's Public Investment Fund is to take a 40% share in the iconic London department store in what will be Selfridges' second change of ownership in two years.

Business

European luxury businesses set for boost from China's Golden Week

China's Golden Week holiday has seen a surge in consumer spending, which could provide further momentum to European luxury markets.

Lifestyle

Hedi Slimane steps down as Celine creative director

After seven years as creative director of French luxury fashion house Celine, Hedi Slimane is moving on.

Lifestyle

LVMH sells Off-White: Is this the end for Virgil Abloh's brand?

Off-White, the Virgil Abloh brand that was bought out by LVMH in 2021 at the height of its popularity now faces cultural irrelevancy. Why?

Lifestyle

Monaco Yacht Show: Celebrating the world's most luxurious vessels

Monaco Yacht Show has made its return to the idyllic Port Hercule to showcase some of the world’s finest superyachts and luxury vessels.

Economy

UK's loss is Europe's gain as overseas visitors put off by tourist tax

Wealthy overseas tourists put off from shopping in the UK by its hefty tourist tax are visiting France, Italy and other European countries to benefit from Europe's continuing tourist tax breaks.

Lifestyle

From shoeboxes to Sotheby's: How sneakers took over the luxury market

The rare and vintage sneaker resale market has exploded from stored-away shoeboxes to become a global multi-billion euro industry, with designers, tastemakers, musicians and corporate behemoths all jostling to buy and sell their soles.

Culture news

Haider Ackermann named new creative director of Tom Ford

Ackermann is taking the reins immediately, with his first collection for the brand set to debut during Paris Fashion Week in March 2025.

Lifestyle

Geneva Watch Days 2024: Over 50 brands unveil stunning creations

Geneva Watch Days 2024, held from 29 August to 2 September, showcased over 50 brands, unveiling new creations and innovations in the world of luxury watchmaking.

Lifestyle

Geneva Watch Days: Why women rule the world

At Geneva Watch Days, women's watchmaking is poised to become the star attraction of tomorrow as brands look to make up for lost time and revenue.

Lifestyle

Geneva Watch Days: Where watchmaking excellence meets innovation

Every year Geneva Watch Days brings together tens of thousands of watch collectors and enthusiasts around 52 brands for an experience which is becoming a major fixture on the watchmaking diary.

Lifestyle

Dolce & Gabbana has made a perfume for dogs - but vets say it stinks

The perfume costs €99 and has been certified suitable for animal use - but some say it could make dogs lose their scents of identity.