Galeries Lafayette targets booming Indian market – why experts warn sales may stay subdued
Galeries Lafayette has launched its first Indian store in Mumbai, aiming to capture the nation’s vast consumer market. Despite the promising growth of India’s luxury ...
LVMH shares soar 14% on strong China demand: European luxury stocks adds $80 bn, investors cheer sector revival
Luxury titan LVMH witnessed its best trading day in two decades, surging 14% on robust quarterly sales, hinting at a Chinese demand resurgence. This boosted ...
From cars to couture: Kering appoints Renault’s Luca De Meo to lead Gucci; French high-fashion brand hopes for revival
Kering has appointed Luca de Meo, renowned for revitalizing Renault, as its new CEO to revive Gucci. This strategic move follows a significant drop in ...
