Pauline Brown, former chairman of LVMH North America, discussed evolving trends in the luxury market. She highlighted that while traditional luxury spending correlates with strong economic indicators like housing and low unemployment, today's consumers are more discerning. She speaks with Romaine Bostick & Sally Bakewell on "The Close."

One of the last remaining luxury tenants at Guiyang's Lavant Center, the store will close after a four-year run.

Demand for luxury watches varies a lot depending on which time zone you are in. Companies like Watches of Switzerland that do most of their business in the U.S. are big winners. Data released today by the Federation of the Swiss Watch Industry shows that exports of Swiss watches to the U.S. rose 27% in July compared to the same month of last year.

From Monte Carlo to Milan, the world of F1 has long been dripping with glamour, making stars out of drivers like Michael Schumacher and Lewis Hamilton, who are outshone only by the supercars themselves. “From 1950 until about 2016, it was pretty badly run,” says Markus Hansen, a portfolio manager at Vontobel Asset Management, which owns Liberty Media Series C Liberty Formula One shares. “In 2017, when Liberty Media took over Formula One, they brought a proper approach to running the business…to turning sports assets into viable financial businesses.”

Global luxury stocks are under pressure as LVMH Moët Hennessy - Louis Vuitton Société Européenne (ENXTPA:MC) faces reported double digit sales drops in China, where tax measures on offshore wealth are curbing high end consumer spending. See our latest analysis for LVMH Moët Hennessy - Louis Vuitton Société Européenne. Against this backdrop in China, the share price of LVMH Moët Hennessy Louis Vuitton Société Européenne has fallen over the year, with a year-to-date share price return of 28.95%...

Global luxury brands are facing a deepening sales slump in China, as the country’s campaign to tax offshore wealth sends ripples from stock markets to casino floors and dampens spending by the country’s richest consumers.

Adrian Hallmark knows a thing or two about the luxury consumer, though when asked about it, he pulls the ultimate quote from the king of the luxury space.

As major retailers prepare to release their quarterly earnings throughout this week, Morningstar senior equity analyst David Swartz comes on Market Catalysts to discuss what luxury brands like Ralph Lauren (RL) and Tapestry (TPR) are signaling about the health of the consumer.

Coach and Ralph Lauren are still growing because they understand what middle-class shoppers can afford.

As a flood of debt sales by US tech companies ripples through the credit market, it seems to be triggering an inadvertent rise in risk metrics for some of the world’s safest firms.

The premium liquor named after her great-grandfather was developed as a joint venture with Moët Hennessy and debuted in 2024.

Luxury, the maisons will tell you, is not like other industries. While lesser consumer goods makers can get ahead by trimming costs and undercutting...

“Luxury goods are the only area in which it is possible to make luxury margins,” said Bernard Arnault, CEO of LVMH, the world’s largest luxury group behind powerhouses such as Louis Vuitton, Christian Dior, Fendi, and Givenchy. Arnault may be right about margins, but high fashion isn't ...

A clinical trial failure and U.S. competition have been tough for the Danish pharmaceutical firm. CFO Karsten Munk Knudsen says the company is doubling down on innovation and its weight loss pills as it looks toward its next stage of growth.

European stock indexes rose in early trade as earnings stories drove increases. The Europe-wide Stoxx 600 added 0.3%, led by consumer-facing stocks and healthcare. London's FTSE 100 moved 0.3% higher, led by a 10.

As Swire Properties’ HKRI Taikoo Hui and Hang Lung Properties’ Plaza 66 vie for affluent shoppers, the battle is shifting beyond securing luxury tenants toward creating destination-driven experiences to redefine the high-end shopping experience.