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.

Brands manufacturing in France and Italy could be hit hard, forcing tough decisions on whether to absorb the costs or pass ...

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

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 ...

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 bracing for another drop in sales, heightening concerns over a prolonged slowdown in the luxury market ...

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

Caroline Reyl, head of premium brands at Pictet Asset Management, said the “very high end” is the only part of the watch market in growth, “namely Patek Philippe, Rolex and Audemars Piguet”.

Caroline Reyl, head of premium brands at Pictet Asset Management, said the “very high end” is the only part of the watch market in growth, “namely Patek Philippe, Rolex and Audemars Piguet”.

A law in the country prohibits exploiting banking data leaks without any exception for public interest. Yet Swiss authorities have relied on the press to scrutinize the malpractices of banks, as ...