[ad_1] Volkswagen and Stellantis might turn out to be bigger victims of China’s investigation into European liquor than Rémy Cointreau and Pernod Ricard. Beijing has launched an antidumping probe into…
Tag: MC.FR
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…
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
France Probes LVMH CEO Arnault Over Deal With Russian Businessman
[ad_1] Prosecutors say a preliminary investigation into money laundering has been under way since 2022 into the LVMH chief. [ad_2] Source link
Coach and Michael Kors Tie-Up Shows Limits of Accessible Luxury
[ad_1] Affordable luxury has been a slow-growth category, and its prospects don’t look great either. [ad_2] Source link
Corporate America Scales Back Hopes for China Revival
[ad_1] Big American companies in China were counting on a postpandemic boom to boost global revenue. For many, it isn’t happening. [ad_2] Source link
WSJ News Exclusive | World’s Richest Man Likes the View Atop Refurbished Tiffany
[ad_1] Bernard Arnault says that under LVMH, profits have doubled at the American jeweler, which reopened its flagship store this week. [ad_2] Source link