Shoppers Prefer Staying Outdoors. That’s More Trouble for Malls.

[ad_1] National chains are accelerating their exit from malls for other types of retail locations, signaling more trouble for malls as consumers show a growing preference for shorter, more convenient…

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…

WSJ News Exclusive | A New Jersey Home Dripping With Hermès Wallpaper Asks $5.475 Million

[ad_1] Listen to article (1 minute) Be the first to know about the biggest and best luxury home sales and listings by signing up for our Mansion Deals email alert. Copyright…

This Rally Is All About a Few Star Stocks—And Some Investors Are Worried

[ad_1] Major indexes have overcome a series of challenges to power higher this year. But some investors are worried that this performance rests on just a few heavyweight stocks.  [ad_2]…

The World Is Volatile but Luxury Brands Look Serene

[ad_1] Hermès and LVMH beat high expectations for first-quarter sales. [ad_2] Source link

Hermes Keeps Pace Into 1Q as Tourism, Store Openings Boost Sales

[ad_1] Hermes booked sales of €3.4 billion in the first quarter, a 23% year-on-year rise, boosted by increased tourism and new store openings, and backed its midterm target for organic…

Gucci Parent Kering Taps Estée Lauder Executive for Beauty Push

[ad_1] The luxury giant has tapped Raffaella Cornaggia, a senior Estee Lauder executive, to lead a new beauty division, as it looks to expand in cosmetics and perfumes. [ad_2] Source…

Virtual Birkin Bags on Trial in Hermès Case Testing IP Rights

[ad_1] Business Law Lawsuit is an early test of how a company can exercise its rights against virtual assets it didn’t authorize [ad_2] Source link

European Luxury Shares Rise on Easing of Chinese Border Restrictions

[ad_1] Business Investors hope for increased spending on luxury goods in Europe from Chinese tourists, which has fallen sharply since the pandemic [ad_2] Source link

Americans Flock to Europe for Holiday Shopping Binge

[ad_1] U.S. tourists taking advantage of the strong dollar have helped brands such as Gucci and Louis Vuitton make up for the loss of big-spending Chinese tourists.   [ad_2] Source link