Hip-hop artists Jay-Z has made it onto Forbes’ 2023 Billionaires List thanks to his savvy investments in a range of consumer-focused industries. According to Forbes,...
American companies in several industries are banking on increased post-pandemic consumer demand from China. A report Sunday (Feb. 26) by The Wall Street Journal (WSJ)...
The reopening of China will bring new opportunities to luxury brands that have already enjoyed a record year. So said LVMH Chairman and CEO Bernard...
LVMH’s share price rose to over 800 euros on Tuesday (Jan. 17). The fashion and luxury goods group, which is listed on the Euronext Paris...
Researchers at Spain’s Universitat Politècnica de Catalunya recently published a study showing that reusing 1kg of clothing could save 25 kg of carbon dioxide emissions....
Dek: The decision to scrap a VAT exemption for travelers to the U.K. will be felt most by the country’s luxury retailers, which are largely...
Within hours of posting slump-defying third quarter results that starkly reflected wealthy consumers’ continued insulation from the effects of inflation, French luxury giant LVMH then...
In a year where most consumers have experienced growing financial stress and had to alter their spending habits in the face of rampant inflation, the...