No big boost expected in luxury spending during holiday season - Bain
PARIS Global sales of luxury goods will likely not grow significantly in the fourth quarter, with tourist flows
2023-11-14 19:19
De Beers Will Stockpile Unsold Diamonds After Prices Tumble
De Beers plans to stockpile unsold diamonds after the world’s biggest producer responded to plunging prices by allowing
2023-11-13 21:52
Classic Cars at Gold Coast Motor Show Reveal Rare Collection in Hong Kong
A group of Hong Kong car enthusiasts showed off some of the world’s rarest classics at an event
2023-11-13 17:21
Chinese Tourists Are Returning to London, But Spending Far Less
Chinese tourists are returning to London after restrictions on travel were lifted, but they’re spending dramatically less than
2023-11-13 08:29
The Diamond World Takes Radical Steps to Stop a Pricing Plunge
When the world’s most important diamond buyers arrived at De Beers’ offices in Botswana late last month, they
2023-11-11 21:28
Soho House Revenue Falls Short Despite 21% Membership Growth
Soho House & Co. Inc. reported third quarter revenue that fell short of analyst expectations, even as membership
2023-11-11 00:25
Spirits and Luxury Stocks Fall as Pricing Power Starts to Fade
Shoppers are rebelling against higher prices for everything from Piaget watches to Don Julio tequila, wiping off $45
2023-11-10 23:52
Apple supplier Luxshare to invest $330 million more in northern Vietnam
HANOI Apple supplier Luxshare Precision Industry Co has been awarded a license to invest an additional $330 million
2023-11-10 11:54
EBay Projects Holiday Revenue That Falls Short of Estimates
EBay Inc. issued a bleak revenue outlook for the busy holiday quarter, suggesting the company continues to struggle
2023-11-08 05:49
John Paulson Seeks Sanctions on Ex-Business Partner, Lawyers Over Fraud Suit
John Paulson asked a judge to sanction his former Puerto Rico business partner and his lawyers for filing
2023-11-08 01:56
Prada Sales Slow Despite Strong Miu Miu Label Performance
Prada SpA’s sales slowed as the Italian fashion company experiences a cutback in luxury demand that other competitors
2023-11-01 10:55
Hungary can't keep EU hostage over Ukraine aid, Luxembourg PM says
Hungary shouldn't frustrate the EU's decision-making over new financial assistance to Ukraine in a bid to unblock its
2023-10-27 16:24