As of August 2025, Elon Musk retains his position as the richest man in the world, followed by Larry Ellison. See the full ...

Luxury brands are grappling with a significant sales slump, raising concerns over the long-term structural attractiveness of ...

The luxury French conglomerate’s top boss has said that the agreement on a 15% levy is good “in the current context” ...

The slowdown in China also shifts the landscape in meaningful ways. That market was driving over 18 percent growth annually from 2019 to 2023, so with Chinese consumers pulling back, luxury brands are ...

The European Union is pushing to get more exemptions from the 15% tariff agreed with the US this week, with wines and spirits ...

"It was important to avert a breakdown," the luxury magnate wrote in an opinion column in French financial daily Les Echos.

The 15% duty on US-bound goods fuels the already uncertain landscape for houses like Louis Vuitton, Gucci, Chanel, and Hermes.

UBS estimates that a 15% tariff on exports to the United States will require luxury brands on average to raise prices by ...

The U.S. is the EU’s biggest trade partner and a dominant defense and technology supplier—a spiral of tit-for-tat tariffs is something Europeans simply can’t afford, as LVMH Moet Hennessy Louis ...

LVMH – sees its largest fashion and leather goods segment down 8% in 1H2025, it is warning of a wider industry downturn.

French luxury goods group LVMH is in discussions to sell fashion label Marc Jacobs in a deal that could fetch around $1 billion, the Wall Street Journal reported on Friday, citing people familiar with ...

LVMH, parent of Louis Vuitton, plans to open a second factory in Texas, likely north of Dallas, by early 2027, CEO Bernard ...