Kering reported a 15% drop in Q2 sales, down to €3.7 billion, led by Gucci’s continued decline, with a 25% fall to €1.46 billion—its second consecutive quarterly plunge. Operating income fell 39% in the first half of 2025. …
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LVMH saw its steepest decline in fashion and leather goods sales in years. The slowdown was driven by cautious luxury spending in China and the US.…
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Once defined by craftsmanship, luxury brands now sell stories, often cutting corners on quality. Said comment has been echoed throughout the 2020s via a number of social media users who are customers of these companies.…
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Hermes, the luxury giant that was previously known as the unstoppable fashion house is seeing their sales dropping by 94% in China, allegedly. Additionally, Jing Daily reported back in April, Hermès’ Q1 sales missed expectations due to weaker Chinese demand and sluggish Asia-Pacific growth. …
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Pop Mart expects significant profit and revenue growth due to Labubu toys' popularity, attracting attention from analysts raising share-price targets.…
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LVMH's Loro Piana is under court monitoring after alleged illegal subcontracting led to the use of undocumented, underpaid Chinese workers. The brand claims it was unaware and cut ties with the supplier.…
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Hishammuddin Hussein shared photos honoring Mahathir and Siti Hasmah, celebrating their recent milestone birthdays as Malaysia's oldest couple.…
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Malaysia's Musang King durian won "King of Kings" at the World Durian Championship, showcasing its excellence in cultivation.…
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Chanel has launched Nevold—short for never old—a bold circularity initiative aimed at reimagining luxury materials through recycled fibers.…
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Chanel’s iconic handbags, such as the medium Flap bag, have faced criticism over steep price hikes. The company is now moderating price increases to align with inflation.…
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