It was good news all the way from Swatch on Tuesday as the watch giant predicted "very positive" growth this year after a surge in 2017. Demand for Swiss watches rose and its affordable fashion watches recovered.
Louis Vuitton owner LVMH, the world’s biggest luxury goods maker, delivered better-than-expected sales growth in the fourth quarter as it benefited like many peers from a steady recovery in Asian demand.
The Luxury Institute’s 2018 report reveals what international luxury consumers expect from their shopping experience, with customer service ranking highly and politeness topping the list of priorities for sales staff.
Versace is in "no rush" to list on the stock market, its Chief Executive said on Saturday. The brand has been mulling a listing after private equity Blackstone bought a 20% stake in 2014 to fund its overseas expansion.
French fashion label Saint Laurent, part of Kering, will start selling online in China through a JD.com portal, joining shopping players like Alibaba in trying to tap strong luxury goods demand from Chinese consumers.