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The Chinese Consumer’s Relationship with Luxury Fashion

HONG KONG — The new wealth creation in China has helped fuel the growth of the global luxury market in recent years. Worldwide sales of luxury goods are growing faster...

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Business and Market Activity, Week of 23 May 2016

Luxury Goods Sales to Grow By No More than 2 Percent in 2016 via Bain & Co released its spring update on the global luxury market. Sales will grow by...

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Market Activity: Hermès, Condé Nast, Neiman Marcus, Tiffany & Co.

Hermès Hermès International SCA reported full-year earnings that beat analysts’ estimates, supported by sales of leather goods and demand in Japan. Operating profit rose 19 percent to 1.54 billion euros ($1.7...

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