After transforming a small leather shop in Milan into a $19 billion luxury empire, Miuccia Prada and Patrizio Bertelli have ...

With the power couple behind the luxury house in their 70s, they have prepared the groundwork for their legacy.

Celebrating 80 years of unified economic collaboration, the Benelux region — Belgium, the Netherlands, and Luxembourg — ...

The response to the downturn and the impact of the election of Donald Trump were top of mind during a call with the Swiss ...

Heard on the Street: Consumers of luxury goods want to see an improvement in quality before they pay $9,000 for a sweater.

If you think traveling to buy a bag seems silly, consider this: the global luxury handbag market was valued at over $30 ...

Revenue fell by 16.4% year over year to $1.08 billion amid lower global demand for luxury goods. Adjusted operating margin ...

Cartier owner Richemont said weaker consumer spending in China hurt sales, particularly at its watch brands, as a luxury downturn that is hurting most players in the industry rumbles on.

A few weeks back, industry leader LVMH started things off with a surprising sales drop. Rival luxe conglomerate Kering Group, owner of Gucci, followed up a week later with a 16% sales decrease and a ...

Luxury goods cost a lot more these days, with no improvement in quality to make up for it. Weak sales look like a more ...

Luxury brands face uncertainty in China as the threat of higher tariffs and rising nationalist sentiments challenge revival ...

As the luxury industry grapples with a downturn and shoppers become ... between regions as low as possible in order to limit ...