China's second-hand and grey markets for luxury goods are booming, as price hikes from luxury brands in a weak economy are ...
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Porsche’s China Overhaul! Luxury Brand Pulls Back as Local EV Giants Take Over – Bold Retail Restructure in the Face of Declining SalesA view shows model Mission X of Porsche, a German automobile manufacturer, displayed during an event a day ahead of the ...
Hermès reported sales of $4 billion in its third-quarter earnings Thursday. It comes as luxury industry peers LVMH and Kering ...
Your browser does not support the video element. China, with its sheer population size and once-meteoric economic growth, has ...
Mercedes CFO Harald Wilhelm acknowledged the rising competition but questioned the sustainability of aggressive pricing from ...
The Dior and Louis Vuitton owner reported disappointing earnings. As LVMH is a bellwether for the luxury industry, it bodes ...
“LVMH’s wide basket of luxury goods and global brands couldn’t cut through deteriorating consumer confidence in China in ...
Unlike both LVMH and Kering (Gucci and Yves Saint Laurent), who posted losses, the group famous for its handbags and silk ...
Some 40 ultra-luxurious Century SUVs have been sold in China but from Lexus dealerships begging the question—why not just ...
SHANGHAI, Oct 21 (Reuters) - China's second-hand and grey markets for luxury goods are booming, as price hikes from luxury brands in a weak economy are prompting some shoppers to look for cheaper ...
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