The U.S. jewelry market grew 5% in 2024 to $85.4 billion, but affluent consumers are pulling back on planned jewelry ...
• Continuously innovate: Think of fragrance brand Le Labo and its personalized perfumes (often hand-blended and prepared in ...
(Reuters) -European shares extended gains on Monday, supported by energy and healthcare stocks, with focus on Germany's debt ...
The seasonally adjusted balance on goods increased $696m in January. Goods credits (exports) rose $591m (1.3%) driven by Non-monetary gold. Goods debits (imports) fell $105m (0.3%) driven by Capital ...
Christine Li, head of research for the Asia-Pacific at Knight Frank, said that the decline in the KFLII reflects a shift in how the wealthy consumes luxury goods. “They increasingly seek more personal ...
The central bank’s deputy governor revealed a previously secret graph that showed inflation would have fallen below target if rates were paused for longer. Penny Wong tells the Financial Review ...
The sub-index of automobiles and components shed 2.6%. China-exposed luxury stocks Kering, LVMH and Hermes fell between 1.7% and 2.3% after Trump doubled duties on Chinese goods to 20%. China swiftly ...
Whether it’s an expertly crafted handbag or a beauty serum that works like a magic potion, every woman deserves to experience the joys of unwrapping a luxury gift this season. Just because it ...
Analysts see weakness in the key luxury market of China, reduced appetite for high-priced goods, and widespread economic uncertainty as other reasons for the decline. Fellow French luxury giant Kering ...
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