The contraction in Swiss watch exports intensified in December with a decline of 5.4%, resulting in a total value of 2.0 billion Swiss francs ($2.21 billion), according to data from the Federation of ...

Swatch Group's sales and profit fell during 2024, the Swiss watchmaker said on Thursday, as improvements in the United States ...

By Mimosa Spencer and Danilo Masoni PARIS (Reuters) -Shares in LVMH were on track for their largest drop in 14 months on ...

Luxury stocks face volatility despite LVMH’s 1% sales rise. Kering and Hermes saw share declines, while Richemont and ...

LVMH shares dropped as slightly better-than-expected full-year results from the world’s largest luxury company threw doubt ...

The updates pointed to a possible bottom of the recession in the luxury sector, which has been struggling with falling demand. In addition, a strong rebound in the U.S. was viewed as a potential ...

While LVMH's results "challenge the sector narrative that all luxury companies have seen the acceleration" seen at Richemont ...

I’m not going to report record revenue, but it was nonetheless a robust year," CEO Bernard Arnault said during the earnings ...

The conglomerate’s all-important fashion and leather goods division reported that sales declined by 1 per cent in the fourth ...

Revenues at Italian luxury group Ermenegildo Zegna rose 2.9% on an organic basis in the last three months of the year, with ...

Burberry's strategic focus on iconic garments and improving international demand are key growth drivers, though profitability ...

Minot Light Capital, an investment management firm, recently released its fourth-quarter 2024 investor letter. A copy of the ...