luxury
Gucci can no longer treat China like a ‘trash bin’: Kering CEO
Chinese shoppers now favour quality and design over logos as the luxury market matures, says de Meo
Luxury giants slump as Gulf demand seizes up due to war
The war in the Middle East has disrupted oil and gas supplies and darkened the economic outlook with fears of a global inflation crisis
Rolls-Royce unveils EV flagship of new bespoke line as demand for exclusive cars hits record
Project Nightingale is the first in a series of low-volume, ultra-luxury automobiles
LVMH sales disappoint as Middle East war crimps Dior demand
There are signs that the more exclusive brands are holding up better during the slump
Luxury brands face profits squeeze as Iran conflict shrinks Dubai mall sales
Getting back to normal will take months for the hub
Hermes sticks with plan to raise output even as war sours mood
The company’s leather-goods plants are all in France and typically employ about 260 artisans
BYD eyes more Porsche hires for luxury line’s Europe push
European manufacturers are grappling with poor sales of their priciest EVs and muted demand in China
Laopu Gold sales, profit beat as gold rally fuels demand
Net income climbs 230% to 4.87 billion yuan, in line with forecast
Luxury brands from LVMH to Kering defy slowdown with more new store openings in Europe
Fragrances have been particularly popular due to their lower price point when compared to items such as jewellery and watches
In Dubai, the world’s luxury brands face a wartime crisis
Sales in the Middle East will be cut in half in March amid a sharp drop in foreign visitors, a report finds
