While Singles’ Day was previously a one-day event, shopping platforms in China now kickstart the festival weeks ahead to drum ...

Gucci’s wholesale business had a very weak quarter ... as luxury brands battle a surging parallel market for designer goods in China. Or it might instead be a sign that Gucci’s new collections ...

For the better part of this year, China has experienced a slump in the most opulent of ... Chinese people aren't just saving ...

The massively popular Singles’ Day shopping frenzy in China is here, but this year, the enthusiasm among consumers seems to ...

Businesses and consumers in China found the annual Singles' Day shopping festival less attractive this year amid a sluggish ...

Gucci is one of the biggest luxury brands in the world, but that doesn't mean they're above mistreating their own employees. According to Women’s Wear Daily, five workers in a flagship store in ...

PARIS, Oct 23 (Reuters) - Kering (PRTP.PA), opens new tab warned on Wednesday its 2024 operating income would almost halve to its lowest in years as weak demand in China deepened the struggles of ...

It also reflects that there's money in the system — but Chinese consumers are just really not that keen on dropping their hard-earned cash at Starbucks or Gucci. China's economy is facing ...

The context in China is not easy ... I have two and another very short one. The Wholesale business of Gucci was down 38% in Q3. How much of the decline is due to the proactive streamlining ...

An energetic audience, chanting “Aye!” along to classical music, showed up in their best evening wear to see Atlanta rapper Gucci Mane Saturday night at Atlanta Symphony Hall. Gucci ...

FRENCH luxury goods group Kering warned on Wednesday (Oct 23) its full-year operating income would almost halve after reporting a larger-than-expected drop in third quarter sales, as weak demand in ...