The stage is set for luxury’s long-awaited upswing
LVMH’s third-quarter sales provided evidence of a turnaround in the sector’s fortunes
LVMH’s third-quarter sales provided evidence of a turnaround in the sector’s fortunes

Luxury market leader reports improving trends in third quarter after a tough couple of years for the industry

LVMH is exploring sales of brands including Marc Jacobs and Fenty in one of the biggest pullbacks in its history

Gucci owner reports better than expected 5% drop in third quarter sales in first set of results under new CEO

As much as 40% of designer goods were sold at steep markdowns this year, analysts say

US and Israel’s war on Iran dented sales growth at world’s biggest luxury group

Second-tier brands and retailers are starting to stretch their tendrils upwards