Indian restaurant group Dishoom has confirmed it is in “positive” talks to secure investment from a US private equity firm ...

European wines and spirits will face a 15% tariff in the US starting today, August 1, European Union officials and diplomats ...

The enigma surrounding Hermès shares worth about €14 billion ($16.2 billion) inherited by a member of the luxury goods company’s controlling family is finally seeing some glimmers of light.

Hermès International SCA said it believes that Puech no longer possesses any shares in the luxury fashion house and hasn't ...

In 2025, the world's wealthiest are dominated by American tech giants, with Elon Musk leading at $408.5 billion. These ...

The luxury French conglomerate’s top boss has said that the agreement on a 15% levy is good “in the current context” ...

The world's top 10 billionaires, predominantly from the US, dominate industries like technology, e-commerce, and luxury goods ...

European wine and spirits look set to face a 15% tariff on entry to the US from next month, EU officials and diplomats have ...

The comments add a new twist to protracted legal battles over the shares’ whereabouts, which were further complicated by the ...

Bernard Arnault’s company owns some of the world’s best known luxury brands, and it made him, at one time, the richest person ...

"It was important to avert a breakdown," the luxury magnate wrote in an opinion column in French financial daily Les Echos.

The slowdown in China also shifts the landscape in meaningful ways. That market was driving over 18 percent growth annually from 2019 to 2023, so with Chinese consumers pulling back, luxury brands are ...