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Mimosa Spencer
Frederic Merlin (left), founder of Societe des Grands Magasins, and Donald Tang, executive chairman at Shein, outside the Bazar de l'Hotel de Ville (BHV) department store as shoppers queue for the opening of the company's first permanent retail store in Paris on Wednesday.
BUSINESS / Companies
Nov 6, 2025
France moves to suspend Shein over sex dolls and weapons as Paris store opens
The discovery of the dolls on Shein's website by France's consumer watchdog on Saturday fueled an outcry and heightened the pressure on Shein, already under fire over its store.
An advertisement for Louis Vuitton in Kuala Lumpur on Friday
BUSINESS / Markets
Jul 29, 2025
U.S. tariffs to test pricing by luxury brands already paying for dramatic hikes
Estimates suggest big luxury companies already raised prices by 33% on average between 2019 and 2023.
People walk past a Dior shop in Rome on Dec. 18.
BUSINESS / Economy
Dec 26, 2024
Luxury labels bulk up on lower-priced goods to broaden appeal
After more than two years of sharp price hikes, luxury labels are finding themselves at risk of alienating the middle class.
A customer leaves a luxury eyewear shop in Hong Kong on Wednesday.
BUSINESS / Tech
Dec 19, 2024
As bitcoin soars, luxury brands consider accepting crypto payments
Luxury labels have long sought to cater to affluent shoppers from the tech industry.
Migrant workers and union members hold a demonstration in favor of fair working conditions in the Made in Italy supply chain, in Geneva on Sept. 11.
BUSINESS
Sep 19, 2024
How migrant workers suffer to craft the 'Made in Italy' luxury label
Brands rely on a chain of contractors and subcontractors, with checks on conditions and the treatment of workers virtually nonexistent.
Brazil's Rayssa Leal listens to music as she competes in the women's street skateboarding final at the Paris Olympics on Sunday.
OLYMPICS / Skateboarding
Jul 29, 2024
Golden oldies? Teen medalists reach podium to '80s and '90s tunes
It was clear that Gen X had control of the playlist on Sunday in Paris, with artists from the 1980s and 1990s that included Tom Petty and Eurythmics.
A man walks past a store of luxury brand Burberry at a shopping mall in Beijing in 2021.
BUSINESS / Markets
Jul 17, 2024
Luxury brands feel the sting as Chinese growth slows
China accounted for 16% of $393.8 billion of global luxury spending last year, but the economy grew slower than expected in the last quarter.
Dancer Pau Aran Gimeno presents a creation by designer Yuima Nakazato in Paris.
LIFE / Style & Design
Jan 25, 2024
Yuima Nakazato stages operatic haute couture show on Paris runway
The designer's spring-summer runway collection was linked to the opera "Idomeneo," debuting next month in Geneva.
A Tiffany store in Shanghai. Luxury companies are targeting VIC's, or very important clients, as China's post-pandemic economic slowdown dries up the spending power of the middle class.
BUSINESS / Economy
Nov 20, 2023
Exclusivity the name of the game as firms target China's wealthiest
Brands are focusing on selling fewer, more valuable items, relying on luxury consumers.
Japan Times
BUSINESS / Economy
Jul 19, 2023
Why China could become the luxury industry's next sore spot
The luxury goods industry has relied heavily on China and North America for growth in recent years, but latest figures suggest both markets may be starting to slow.
Japan Times
BUSINESS / ANALYSIS
May 5, 2023
Fewer luxury shoppers but bigger spenders as Chinese return to Europe
Those trickling back to Europe are mostly business travelers and wealthier people who have the means to travel 'a bit differently.'
Japan Times
BUSINESS
Jun 24, 2022
Cisco and Nike latest to quit Russia as Western exit accelerates before new law
The law, which could be in place within weeks, allows Russia to appoint administrators over companies owned by foreigners in 'unfriendly' countries.

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