Luxury Stocks Are Going Out of Fashion. It's the China Syndrome.
The world's second biggest economy is in a slowdown. High-end retailers were counting on the wealthy opening their wallets. Now what?
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The world's second biggest economy is in a slowdown. High-end retailers were counting on the wealthy opening their wallets. Now what?
Watches of Switzerland Group lost a quarter of its market value on Friday after Rolex agreed to buy a leading Swiss watch retailer.
By David Sachs Compagnie Financiere Richemont said Friday that it has acquired a controlling stake in Gianvito Rossi for undisclosed sum. The Swiss luxury...
Americans are running out of savings, as seen in a few different surveys and research papers.
By Cecilia Butini Compagnie Financiere Richemont on Monday posted higher sales for the first quarter of its financial year, which it said were driven by its...