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Chinese consumers’ shift to gold jewellery helps push down demand despite wider revival in luxury market
The company’s first-ever creative director is focused on designing new bestsellers that appeal to a younger, more affluent generation of consumers
Italian company has been put up for sale by PE owners
The Italian luxury group is doubling down on its retail spaces as higher-spending consumers seek immersive experiences
Even the well-heeled are beginning to resist the increasing cost of high-end products
Beauty retailer says customers continue to splash out on premium products even in downturn
Why it’s time to dust off your gold blazer buttons, blingy watches . . . and jodhpurs
After hitting pandemic-era records, second-hand watch prices are sinking fast
Luxury group launches venture for product placement and co-developing and co-financing own entertainment projects
Strong spending data has boosted Chinese stocks as trading resumes after week-long break
Head of Italian luxury shoe and bagmaker teams up with LVMH-backed private equity firm L Catterton
Fund managers and analysts argue gloom over economy is overdone but remain wary of beaten-down Chinese shares
Shareholders are getting a better, though hardly premium, deal
Sales of luxury cars, properties and golf memberships fall in wake of $2.2bn money laundering probe
Italian luxury group agrees deal to go private with LVMH-backed private equity firm L Catterton
Robust results push shares of the Paris-based maker of Birkin bags to an all-time high
Luxury fashion group reports 6% drop in fourth-quarter sales as it invests in brands
Tax bills and mortgage pain increase the need for short-term finance among the well-heeled
The struggles of two Swiss retail institutions and the collapse of René Benko’s Signa Group reveal a waning business model
Dmitry Rybolovlev had accused auction house of conspiring to overcharge him for works by da Vinci, Klimt and others
Testimony in New York case pitting wealthy oligarch against the famed auction house has shed new light on high-end transactions
If luxury spend is set to normalise rather than crash, the shares deserve a second look
Stoxx Europe 600 rises to highest level since January 2022 after better than expected LVMH earnings
Better than expected quarterly sales at Bernard Arnault’s group also help to boost rivals
The British watchmaker’s low-cost chiming timepiece with a Swiss-made base movement
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