[ad_1] DAVOS, Switzerland (AP) — The world could have its first trillionaire within a decade, anti-poverty organization Oxfam International said Monday in its annual assessment of global inequalities timed to…
Tag: LVMH Moet Hennessy Louis Vuitton SE
Hermès Shines in a Scruffy Luxury Market
[ad_1] Hermès is a brand that shows its real mettle in a downturn. The secret to its steady growth might be the restraint it shows in good times. The French…
With Black Friday deals and flashy displays, retailers try to convince reluctant shoppers to spend
[ad_1] Target hosted a free “Winter Wonderland” event in New York City to show off the holiday season’s hottest toys. It’s an example of the extra effort that retailers are…
Coach Saves Tapestry From Unraveling
[ad_1] Luxury demand isn’t quite what it used to be. Neither is demand for accessible luxury, but it seems strong enough that brands like Coach are still able to push…
Sales Slow at Louis Vuitton’s Owner as China Sputters
[ad_1] LVMH Moët Hennessy Louis Vuitton, the world’s biggest luxury-goods company, struggled to lure big-spending Chinese consumers back to its boutiques after the end of China’s pandemic restrictions. [ad_2] Source…
A Gilded Age is Fading for Luxury Brands
[ad_1] The latest results from Louis Vuitton owner LVMH show that luxury shoppers are sobering up after years of heavy spending. [ad_2] Source link