Homegrown names such as Laopu, Mao Geping and Songmont are winning over customers who are losing their taste for high-end ...

A few days ago, the Chinese Ministry of Finance lowered the threshold for the luxury car tax from a net sales price of 1.3 ...

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

Luxury goods companies were spared their worst case scenario in Sunday's EU-U.S. trade deal but they face a delicate ...

LVMH was one of several high-profile European stocks to fall today, including Heineken, Puma, and AB/InBev, and its European luxury peers like Hermes, Kering, and Richemont also fell. A combination of ...

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

Chinese investment banker Fenglei Fang and his wife, Suning, have found a taker for their 2,400-square-foot unit at 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, ...

Richemont jewelry sales surged 11%, beating expectations.Strong demand for Cartier offsets China luxury slowdown.Americas, ...

SINGAPORE] The first cars from China luxury brand Hongqi will be launched in Singapore in the first half of 2026, with ...

Reuters. Handbags are seen on shelves during a livestreaming session for the second-hand luxury goods retail platform Plum in Beijing, China October 7, 2020.