European stock markets ended sharply higher Wednesday after hints that Greece may have edge closer to finalizing a deal with its euro zone creditors.» Read More
SHANGHAI, May 13- Global beauty retailer Sephora, part of French luxury goods group LVMH Moet Hennessy Louis Vuitton SE, launched its first online store in China on shopping platform JD.com Inc, the latest global firm to tap into China's booming e-commerce market. The cosmetics chain, which has 174 physical stores in mainland China, said on Wednesday it had chosen...
French luxury group LVMH posted a 3 percent rise in like-for-like first-quarter sales, following an "excellent start to the year" at Louis Vuitton.
According to a study, when a job applicant wore a luxury label to an interview, respondents considered her a more suitable candidate.
Luxury goods firms have been hesitant to embrace new digital trends, but as the industry faces a slowdown companies must evolve, analysts say.
Prada reported a 28 percent fall in its 2014 net profit, as growing retail sales in the Americas and Japan failed to offset declines in China and Europe.
TAG Heuer's CEO said the company will have another record year despite Apple Watch and recent currency headwinds.
Swiss luxury watchmaker Tag Heuer is to launch an Android-powered smartwatch in partnership with Google and Intel.
Faced with the Apple Watch, many Swiss companies are debating whether to head high-tech or stick with a centuries-old formula of watchmaking.
Price increases for luxury handbags are significantly outpacing inflation, according to the Boston Consulting Group.
California apartment complexes that doubled as "maternity hotels" for Chinese women who want made-in-America babies were raided early Tuesday.
Jim Cramer spoke with the CEO of Salesforce.com on the unique ways that they are branching into different industries.
Younger shoppers, new technology and the desire to spend on high-end experiences are reshaping modern luxury.
Some fashion firms have seen their shares rise by nearly 50 percent in the past year; others have had their stock prices plummet.
Retail development is underway in Puerto Rico, despite the U.S. territory's challenged economy.
European shares closed mixed on Wednesday, as investors reacted to earnings and hopes that the Greek debt dispute will be resolved.
Shares in LVMH jumped more than 7 percent after the French luxury giant posted stronger-than-expected fourth-quarter sales growth.
Analysts are eyeing earnings from consumer firms and small-cap stocks, which actually benefit from a stronger U.S. dollar.
News of a debt settlement proposal between Greece and the European Union also eased U.S. investor worries on Monday, putting earnings back in focus.
U.S. stocks closed sharply higher on encouraging news from the Eurozone and stronger oil prices.
Europe shares regained some ground, ending in positive territory on hopes of further stimulus from the ECB, as the oil price continued to tank.