China has lowered the luxury car tax threshold to CNY900,000, impacting over half the market. Jaguar Land Rover faces margin ...

The French group, whose brands include Givenchy, Celine and Louis Vuitton, posted a 4% slump in sales to £17bn in the three ...

Tata Motors-owned JLR sees its margins threatened by a double trouble on the duty front. It lacks a manufacturing facility in ...

LVMH sales fell as shoppers reined in purchases of costly Louis Vuitton bags and Dior jackets, a sign the luxury titan ...

What is happening in China's fashion galaxy? Has some arm of the galaxy broken? "Following a turbulent 2024, we expect the ...

Chinese luxury market declines over 18% in 2024, flat sales expected in 2025; ... While appetite for personal luxury goods in China and around the world is declining, ...

PARIS—President Trump’s efforts to secure a trade deal with the European Union have the help of an old, powerful friend: ...

Deflation deepens in China as US tariffs add to gloomy economic mood Luxury consumers increasingly shifting to second-hand market But overcapacity, supply growth outpaces demand, leading to deeper ...

Porsche plans deeper cost cuts to offset weak China sales and U.S. tariffs, aiming to boost margins amid global market ...

Ferrari isn't alone in facing pain in China's automotive market. In fact, it's faring far better than its western peers as it has purposely limited its sales in China to roughly 10% of its total.

Local jewellers chip away at European dominance in domestic market as consumers move towards homegrown products ...