The European Union’s new regulation aimed at combatting money laundering is expected to go into full effect in two years.

Fresh tariffs hit as the industry leans on American consumers, with China sputtering and global sales falling.

Luxury goods companies were spared their worst case scenario in Sunday's EU-U.S. trade deal but they face a delicate ...

LVMH and Kering are expected to report another drop in quarterly sales, deepening investor worries about a prolonged downturn in the US$400 billion ...

LVMH and Kering are bracing for another drop in sales, heightening concerns over a prolonged slowdown in the luxury market amid weak demand and tariff threats.

PARIS, July 23 (Reuters) - LVMH and Kering are expected to report another drop in quarterly sales, deepening investor worries about a prolonged downturn in the $400 billion luxury market as brands ...

Amid President Trump's trade war, tariffs are leading to higher prices, which is causing a slump in luxury sales of apparel and accessories.

Fashion Giants Hit Hard: LVMH, Kering Sales Slide As Shoppers Pull Back Brands manufacturing in France and Italy could be hit hard, forcing tough decisions on whether to absorb the costs or pass them ...

Economic pressures, US tariffs, and uncertainties in major markets like the US and China are impacting demand. Investors are cautious, with LVMH shares down 27% this year. Brands are pivoting to lower ...

LVMH and Kering are expected to report another drop in quarterly sales, deepening investor worries about a prolonged downturn in the $400 billion luxury market as brands face the threat of hefty ...