News

DutyFreeZone.com (DFZ), the world's premier luxury marketplace, is honored to extend its gratitude and invitation to the ...
Wanda Group plans to sell 48 shopping malls to a PAG-led joint venture backed by Tencent, raising RMB 50 billion amid China’s real estate slump. The deal, disclosed by regulators, supports Wanda's ...
"We can increase prices by 2 per cent to 3 per cent per year," deputy CEO Stephane Bianchi told members of the French parliament in a hearing on Wednesday, when asked about his group's ability to ...
While most luxe fashion labels hiked prices during the pandemic, as excess personal savings drove demand, some went further ...
LVMH, the owner of numerous luxury brands, is experiencing revenue declines in China. It warns that Chinese consumers are ...
LVMH, the owner of dozens of luxury brands, is experiencing revenue declines in the Middle Kingdom. The company warns that ...
The most exclusive luxury brands are starting to feel the pinch—especially those that pushed prices too far during the pandemic, The Wall Street Journal writes.  Christian Dior and Chanel, which hiked ...
French luxury group LVMH has room to raise prices of high-end products by around 2-3% without likely affecting demand from ...
Companies that raised prices the most during the pandemic are now reporting disappointing numbers.
This story is part of NBC Select’s New & Notable column, where we highlight our favorite product launches. We will continuously update this article throughout the month with new releases we ...
LVMH has made inroads into the world of sports in more ways than F1. The company partnered with the Paris Olympics last year, ...
Vogue Business reports from the pit lane at the Monaco Grand Prix, where LVMH-owned watch brand Tag Heuer has become the ...