Luxury Goods

Prada first-quarter revenue rises 3%, driven by sales in Americas region

Group earnings are 1.3 billion euros, below analysts’ consensus of 1.4 billion euros

At Longchamp's Green Concept Boutique, the vibrant hue is the star.
STYLE

Head over to Longchamp’s travelling green concept pop-up this long weekend

The French brand’s installation makes its sixth stop in Asia at Raffles City Singapore

Ref 5249R-001 Hours and Minutes on Demand.
LUXURY OF TIME

Patek Philippe’s grand complications steal the show

The iconic watch brand unveiled 24 new models at Watches and Wonders

Shoppers in the Middle East are some of the world’s biggest spenders, splashing out at retail hubs such as Dubai and other luxury destinations, including Paris and Milan.

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

The company’s shares had their worst start to a year on record in the first quarter of 2026, falling by 28%.

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

Dolce & Gabbana is squeezed by a prolonged slump in the luxury industry, intensified by uncertainty stemming from the war in Iran.

Dolce & Gabbana names ex-Gucci boss Cantino as co-CEO

This comes after its evolution from a fashion brand to a lifestyle company

Hermes has proven more resilient than its peers, thanks in part to its craftsmanship model, which prioritises handmade rather than industrialised production.

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

Bags on display at Galeries Lafayette in Mumbai. Despite a rapidly growing middle class, India’s luxury goods market was estimated at just US$12.1 billion last year, less than 3% of China’s, according to Euromonitor data.

India’s luxury promise hits a wall: not enough malls to shop in

The country now ranks fourth globally in the number of individuals with wealth above US$100 million

Low levels of vacancy on popular shopping streets have put pressure on prime rents, which grew by 3.5% last year.

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

Few shoppers are heading to the sprawling Dubai Mall at the base of the Burj Khalifa as the US-Israel-Iran conflict drags on.

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