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List of All Articles with Tag 'lux'

Burberry Warns Luxury Slump Puts Revenue Target Under Threat
Burberry Warns Luxury Slump Puts Revenue Target Under Threat
Burberry Group Plc warned this year’s revenue target may be out of reach after the UK trench-coat maker’s
2023-11-16 15:55
US Makes Biggest Seizure of Knock-Off Luxury Items at $1 Billion
US Makes Biggest Seizure of Knock-Off Luxury Items at $1 Billion
Federal prosecutors said they made the biggest-ever US seizure of fake designer handbags, shoes and other items —
2023-11-16 08:17
Rich Chinese Shoppers’ Appetite Slows as Confidence Falters
Rich Chinese Shoppers’ Appetite Slows as Confidence Falters
Global luxury retailers counting on wealthy Chinese shoppers to raise their sales might be dismayed by recent reports
2023-11-15 12:21
No big boost expected in luxury spending during holiday season - Bain
No big boost expected in luxury spending during holiday season - Bain
PARIS Global sales of luxury goods will likely not grow significantly in the fourth quarter, with tourist flows
2023-11-14 19:21
De Beers Will Stockpile Unsold Diamonds After Prices Tumble
De Beers Will Stockpile Unsold Diamonds After Prices Tumble
De Beers plans to stockpile unsold diamonds after the world’s biggest producer responded to plunging prices by allowing
2023-11-13 21:59
Chinese Tourists Are Returning to London, But Spending Far Less
Chinese Tourists Are Returning to London, But Spending Far Less
Chinese tourists are returning to London after restrictions on travel were lifted, but they’re spending dramatically less than
2023-11-13 08:21
The Diamond World Takes Radical Steps to Stop a Pricing Plunge
The Diamond World Takes Radical Steps to Stop a Pricing Plunge
When the world’s most important diamond buyers arrived at De Beers’ offices in Botswana late last month, they
2023-11-11 21:19
Soho House Revenue Falls Short Despite 21% Membership Growth
Soho House Revenue Falls Short Despite 21% Membership Growth
Soho House & Co. Inc. reported third quarter revenue that fell short of analyst expectations, even as membership
2023-11-11 01:53
Spirits and Luxury Stocks Fall as Pricing Power Starts to Fade
Spirits and Luxury Stocks Fall as Pricing Power Starts to Fade
Shoppers are rebelling against higher prices for everything from Piaget watches to Don Julio tequila, wiping off $45
2023-11-10 23:55
Apple supplier Luxshare to invest $330 million more in northern Vietnam
Apple supplier Luxshare to invest $330 million more in northern Vietnam
HANOI Apple supplier Luxshare Precision Industry Co has been awarded a license to invest an additional $330 million
2023-11-10 11:45
Picasso Sells for $139 Million, Artist’s Second Highest in History
Picasso Sells for $139 Million, Artist’s Second Highest in History
A 1932 painting by Pablo Picasso, Femme à la montre, sold for $139.3 million on Wednesday night at
2023-11-09 08:24
EBay Projects Holiday Revenue That Falls Short of Estimates
EBay Projects Holiday Revenue That Falls Short of Estimates
EBay Inc. issued a bleak revenue outlook for the busy holiday quarter, suggesting the company continues to struggle
2023-11-08 05:56
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