News

Switzerland is home to some of the world's most famous watch, chocolate, pharmaceutical and precision instrument brands in ...
Switzerland, home to some the world's most recognizable luxury brands, now faces an upcoming 39% tariff from the U.S.
Luxury goods companies were spared their worst case scenario in Sunday's EU-U.S. trade deal but they face a delicate ...
Sales during the first half rose in all markets but decelerated significantly in Japan as the company confronts soft demand ...
LVMH – sees its largest fashion and leather goods segment down 8% in 1H2025, it is warning of a wider industry downturn.
She further questioned whether the Madani Government’s rhetoric on taxing the wealthy was genuine or merely performative.
With a revised sales tax framework – which will see luxury and discretionary items taxed at either 5% or 10% – Putrajaya has ...
Giorgio Armani slammed the ruling, expressing “disappointment and bitterness” in a statement. It said it would appeal the ...
A new report by consultant firm Oliver Wyman shows how wealthy shoppers in Chinese are changing their luxury spending habits ...
The decision to scrap the High-Value Goods Tax (HVGT) has brought mixed reactions, highlighting the complexities of balancing ...