LVMH faces a cognac crisis with declining sales, particularly in China and the U.S., impacting its spirits division.

China is willing to accelerate the examination and approval of rare earth exports to European Union firms and will also ...

China’s foreign exchange reserves rose by a less-than-expected $3.6 billion in May, official data showed on Saturday, as the ...

The first-ever Hermès Birkin Bag was designed for the later icon Jane Birkin. The luxury brand has become a status symbol, ...

Formula 1's sponsorship revenue hits $2.04 billion in 2024, positioning it just behind the NFL as it continues to gain ...

As the latest deadline for TikTok to be sold or banned in the U.S. approaches, we’ll find out this month whether the app will continue to be a fixture on American phones or not.

After creating car-shaped dresses and tomato bags at Loewe, he now faces the challenges of one of the great fashion houses ...

Global spirit makers are staring down a sobering cocktail of challenges as tariffs and brand boycotts threaten to exacerbate ...

China and France have agreed to resolve their trade disputes through dialogue, China’s foreign ministry said yesterday, ...

As wealthy consumers trade down, mid-tier brands are performing increasingly well. Tapestry, which also owns the Kate Spade ...

The Moët Hennessy division, which includes Hennessy cognac and prestigious champagne brands, saw its operating profit drop by ...