In 2025, the luxury market faces headwinds unlike any its seen since the Great Recession or Covid due to the threat of ...

Prada struck a deal to buy smaller rival Versace from Capri Holdings on Thursday in a move to unite two of the biggest names ...

Growing fears that Donald Trump's tariff blitz will plunge the world into recession are dashing hopes in the ...

Many luxury brands have big profit margins and can absorb some of the costs, or press their suppliers to reduce theirs, but ...

As the Trump administration imposes tariffs on products from the European Union, it may mean a US market with fewer quilted Chanel bags, more expensive Rolexes and uncertainty about the price tags of ...

Among the biggest losers were L’Oréal heiress Françoise Bettencourt Meyers, and Mexican telecom tycoon Carlos Slim, as sectors ranging from luxury to e-commerce and manufacturing faced significant ...

One scenario is that Anderson might take over both sides of the business, with its growth of crucial financial and dynastic importance to LVMH owner Bernard Arnault. He placed his daughter ...

Elon Musk’s foray into politics has backfired on Tesla, polarizing its target audience along partisan lines with Democrats ...

Another fashion house that has made a name for itself globally is Italian brand, Gucci, founded in 1921 ... is part of the LVMH group founded by Bernard Arnault - the world's richest man.

Bernard Arnault, the founder and CEO of LVMH Moët ... François Pinault — the founder of Gucci and Balenciaga owner Kering. Kering shares tanked by as much as 8% on Tuesday, trimming the ...