Business ❯ Economics ❯ Market Trends ❯ Consumer Behavior

Luxury Market

Luxury Recovery Pauses as LVMH Inches Higher and Kering Stumbles in Q1

Forecast cuts after a March sales hit suggest the sector’s rebound is slipping.

Saks Global to Close 15 More Stores to Streamline Luxury Footprint

Kering Shares Surge on Q4 Beat as Gucci’s Slide Eases and Turnaround Takes Shape

LVMH Tops Q4 Sales Forecasts as China Stabilizes, Shares Sink on Margin Strain

Burberry Posts First Same-Store Sales Growth in Two Years as Turnaround Takes Hold

Hermès Posts 9.6% Q3 Growth as Kering Plans Beauty Sale in Turnaround Push

Kering Reports 46% Profit Slump as Gucci Sales Plunge 25% in Q2

Burberry’s Q1 Sales Decline Narrows as ‘Burberry Forward’ Takes Hold