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luxury goods

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

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Take a look at the uber-luxury supercars up for sale at Salon Privé

New fabulous four-wheeled supercars worth millions can be seen this weekend at the exclusive Salon Prive motor show at Blenheim Palace.

29/08/2024

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Demand for luxury declining? LVMH half-year net profit drops 14%

Shares in LVMH Moet Hennessy Louis Vuitton SE fell nearly 5% on Wednesday morning after the luxury goods company failed to cheer investors with its latest results.

24/07/2024

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Champagne makers vote for smaller harvests as sales lose their fizz

Champagne producers have also come under pressure in recent weeks, following China's decision to impose tariffs on the import of luxury goods from the EU.

20/07/2024

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Hugo Boss joins firms hit by luxury spending depression

The German fashion house has cut its yearly sales guidance due to weaker demand in China.

16/07/2024

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Burberry boss ousted after profit warning issued amid luxury slowdown

The British fashion house says its quarterly performance is "disappointing" and warns it will miss annual profit forecasts.

15/07/2024

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Mulberry hopes to bag a winner with new CEO after sales fall

Mulberry's share price has fallen 39% since January, amid a global decline in the luxury sector, mainly driven by shoppers from Asia cutting back.

10/07/2024

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Aston Martin reveals new sports car inspired by racing star

Luxury British carmaker Aston Martin reveals its limited edition 'Valiant' model, saying it expects deliveries to start towards the end of the year.

27/06/2024

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Everything you missed on day two of Paris Haute Couture Week

Day two of Paris Haute Couture brought champagne celebrations, theatrical elegance and timeless tailoring from the likes of Giorgio Armani, Stéphane Rolland and Alexis Mabille.

26/06/2024

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Cannes Lions 2024: Here’s what to expect

The global advertising and communications business is descending on the French Riviera to thrash out the future of creativity at Cannes Lions 2024.

17/06/2024

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Europe's luxury stocks set for growth challenges in the year ahead

Major European luxury stocks have been experiencing a slowdown in growth amid softened global purchasing power, particularly in China.

05/06/2024

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Cartier-owner Richemont names new CEO amid luxury slowdown

The Swiss group will transfer Nicolas Bos from Van Cleef & Arpels as part of a restructuring process.

18/05/2024

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Decline in luxury spending spells trouble for Burberry's bottom line

The British fashion brand announces plummeting profits, with particularly poor sales reported in China.

15/05/2024

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Losses balloon at luxury car maker Aston Martin as SUV sales plunge

The luxury car manufacturer Aston Martin reveals it has sunk £139m (€162.52m) into red during opening quarter

02/05/2024

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LVMH stock falls as consumers rein in spending on luxury goods

LVMH shares fell at market close on Tuesday after the company failed to cheer investors with its latest financial results.

17/04/2024

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Watches and Wonders 2024: elite of watchmaking unveil their creations in Geneva

Delve into the world of watchmaking at Watches and Wonders 2024 and discover the latest trends and technologies driving the industry.

16/04/2024

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What women want: How Swiss watchmakers are courting the female market

Watchmakers are increasingly aware of the growing voices of female collectors. At Watches and Wonders Geneva, we look at the latest women’s and gender-fluid timepieces.

15/04/2024

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Watches and Wonders 2024: How watchmakers are setting themselves apart

From the most complicated watch ever made to the thinnest, brands are outdoing themselves at Watches and Wonders in Geneva. We asked some exhibiting maisons about the timepieces that set them apart.

12/04/2024

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Watches and Wonders 2024: The best jewellery to wear on your wrist

The Swiss watch industry’s biggest annual trade show returns this week to Geneva, with even more public programming than last year. Here’s what to expect from Watches & Wonders 2024.

08/04/2024

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Swatch warns clock's ticking over consumer spending in China

A more cautious approach to spending in China could result in lower sales in the country until the end of the year, the Swiss watchmaker is warning.

01/04/2024

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Hermès lands in hot water over Birkin bag sales antitrust class action

Hermès has been slammed for allegedly coercing clients to buy other products, to hopefully get a chance to buy the famed Birkin bag.

21/03/2024