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RICHEMONT SALES GROWTH
India's luxury promise hits a wall, not enough malls to shop inIndia's wealthy are eager for luxury brands like Louis Vuitton and Chanel. However, a critical lack of prime retail locations is slowing th...- China luxury market forecast to reboundChina's personal luxury goods market is projected to see modest growth in 2026, recovering from significant drops in 2024 and 2025.
- European shares gain as upbeat data and strong earnings lift sentimentEuropean markets extended their rally on Thursday, buoyed by encouraging economic data and robust corporate earnings. Strong results from T...
- LVMH spurs $80 billion luxury rally as China picture brightensLVMH shares saw their biggest gain in over two decades. This surge followed positive signs of demand in China. The luxury sector experience...
- European stocks climb as LVMH boosts luxury sectorEuropean stocks climbed on Wednesday as upbeat results from France's LVMH sparked a rally in luxury groups and quelled concerns that slowin...
- Estee Lauder to cut jobs on skittish China demand; shares surge 19%A boom following the lifting of pandemic curbs in China never materialized and recent results have indicated mixed luxury demand. While com...
- European shares fall on mixed earnings, luxury firms dragShares of Kering fell 3.5% to their lowest since early 2020 as the French luxury group posted a bigger-than-expected drop in third-quarter ...
- European shares slip as Middle East fears, ASML weighASML Holding dropped 3.7% as the semiconductor equipment maker warned of flat sales in 2024, after reporting third-quarter earnings in line...
- Reliance attracts luxury brands from Gucci to Louis Vuitton to its space amid India's economic boomLuxury brands such as Gucci, Cartier, and Louis Vuitton have signed leases for stores in Mukesh Ambani's new Mumbai mall, taking advantage ...
- Ahead of Market: 10 things that will decide D-Street action on TuesdayThe S&P 500 and the Dow edged up on Monday, as investors awaited quarterly results from industry heavyweights through the week, while Apple...
- Elevated yields keep European shares under pressure, luxury stocks shineThe pan-European STOXX 600 index skidded 0.1% by 0812 GMT after hitting a one-week low in the previous session.
- Five Indian brands in top 100 global powers of luxury goods listFour other homegrown brands, Kalyan Jewellers, Joyalukkas, PC Jewellers, and Tribhovandas Bhimji Zaveri Ltd, have been ranked 37th, 46th, 5...
- European shares slip as US-China tensions, poor earnings weighThe pan-European STOXX 600 fell 0.7% by 0717 GMT after closing at a five-week high in the previous session.
- Trade rhetoric weighs on European sharesThe pan-European STOXX 600 index was down 0.7 per cent by 0720 GMT.
- Luxury stocks sparkle in tepid European trading as US-China trade talks loomBritain's FTSE 100 jumped 0.9 per cent thanks to a weaker pound boosting London-listed multinational exporters.
- Three Indian brands among world's top 50 luxury goods companiesGitanjali Gems Ltd was placed in the 30th rank, followed by Titan Company (31st) and PC Jeweller (44th) in the fourth annual Global Powers ...
- Want to buy luxury goods? A weak Pound makes it the only bright spotEconomic uncertainty stretching from China to Europe, along with global stock market and currency swings, have pricked the confidence of hi...
- Richemont group to enter Indian luxury retail marketThe entry could be a boost for the country's luxury retail sector, which represents a tiny fraction of global luxury brands' sales.
- Montblanc: Watch gets mightier than pen as company shifts focus"In the next five years or so, watches have the chance to become bigger than writing instruments," CEO Lutz Bethge said in an interview.
- Italian watch brand eyes IndiaThe Indian market strategy is however to look at direct sales to dealers with a niche marketing strategy for the consumer.
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