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Luxury Goods

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Image for LVMH-owned watchmaker Zenith to cut jobs, shift upmarket, source says
Finance

LVMH-owned watchmaker Zenith to cut jobs, shift upmarket, source says

(Removes typo in the headline) By Alessandro Parodi PARIS, Oct 23 (Reuters) - LVMH-owned Swiss watch...

23rd October, 2026

Image for Gucci owner Kering drops 16% as luxury braces for tough winter
Finance

Gucci owner Kering drops 16% as luxury braces for tough winter

By Helen Reid LONDON, Oct 23 (Reuters) - Shares in Gucci owner Kering tumbled 16% on Friday, set for...

23rd October, 2026

Image for End of an era? How the Hermes Birkin bag is losing its scarcity appeal
Finance

End of an era? How the Hermes Birkin bag is losing its scarcity appeal

By Tassilo Hummel, Helen Reid and Alessandro Parodi PARIS/LONDON, Oct 21 (Reuters) - London-based Ca...

21st October, 2026

Image for China gloom hits LVMH, dims hopes of luxury revival
Finance

China gloom hits LVMH, dims hopes of luxury revival

By Tassilo Hummel and Alessandro Parodi PARIS, Oct 12 (Reuters) - Luxury bellwether LVMH on Monday r...

12th October, 2026

Image for Exclusive-LVMH signed a secret 2002 pact to buy Hermès heir’s shares. Now he says his fortune is missing
Finance

Exclusive-LVMH signed a secret 2002 pact to buy Hermès heir’s shares. Now he says his fortune is missing

By Tassilo Hummel and David Gauthier-Villars Sept 17 - In a June court filing, luxury-goods giant LV...

17th September, 2026

Image for Richemont appoints Rupert's son Anton co-deputy chairman
Finance

Richemont appoints Rupert's son Anton co-deputy chairman

Sept 9 (Reuters) - Cartier owner Richemont on Wednesday named Anton Rupert, son of Chairman Johann R...

9th September, 2026

Image for Chanel's first-half sales outperform rivals, Bloomberg reports
Finance

Chanel's first-half sales outperform rivals, Bloomberg reports

Aug 5 (Reuters) - Chanel's comparable revenue jumped about 16% in the first half of 2026, outpacing...

5th August, 2026

Image for Chanel says it is cooperating in Italy labour probe, has cut ties with subcontractor
Finance

Chanel says it is cooperating in Italy labour probe, has cut ties with subcontractor

LONDON, July 17 (Reuters) - Parisian fashion house Chanel said on Friday it was fully cooperating wi...

17th July, 2026

Image for From space rocks to smartwatches, AI millionaires rewrite the luxury playbook
Finance

From space rocks to smartwatches, AI millionaires rewrite the luxury playbook

By Danielle Kaye and Alessandro Parodi NEW YORK, July 8 (Reuters) - Sitting on roughly $3.5 million...

8th July, 2026

Image for Watches of Switzerland to drop 2028 growth target, Bloomberg News reports
Finance

Watches of Switzerland to drop 2028 growth target, Bloomberg News reports

June 26 (Reuters) - Watches of Switzerland plans to drop a target to more than double sales and prof...

26th June, 2026

Image for Rolex raises gold watch prices again as super-rich buyers are undeterred
Finance

Rolex raises gold watch prices again as super-rich buyers are undeterred

By Alessandro Parodi June 12 (Reuters) - Rolex raised the global price of its gold watches by an ave...

12th June, 2026

Image for Luxury brands seek to lure America's AI super-rich
Finance

Luxury brands seek to lure America's AI super-rich

By Elisa Anzolin and Helen Reid MILAN/LONDON, June 2 (Reuters) - European luxury brands have sharpen...

2nd June, 2026