
Luxury isn’t what it used to be: What’s happening to the world’s most exclusive brands?
Lower consumption in China, the trade war, and an oversaturated market are taking a toll on the sector, which has lost 50 million customers in one year

Lower consumption in China, the trade war, and an oversaturated market are taking a toll on the sector, which has lost 50 million customers in one year

All eyes may have been on the wide-brimmed accessory, but what was most significant for the industry was the fact that Bernard Arnault, the CEO of LVMH, attended the Republican’s inauguration ceremony

The firm headed by Demna has blocked streets and taken over Californian hotels and nightclubs to present, among selected celebrities, its collection for next fall, which is clean, commercial and forecasts juicy sales

With the purchase, Kering is seeking to shore up its revenue stream as it struggles to turn around former powerhouse Gucci