LVMH Looks to Renewed China Luxury Spending for Earnings Bump

Business revenue Bernard Arnault’s group rises in valuation, but industry faces headwinds from low global growth

Big-spending Chinese tourists coming back, but slowly

Countries around the world are welcoming Chinese tourists, who were once the biggest source of tourism…

China Consumer Spending Slumps Under Covid and Property Restrictions

Business Asia Campaigns to rein in Covid-19 cases and property prices have squelched consumer demand in…

World’s leading luxury brand closes business in Russia

of the world leading luxury brands said on Friday they planned to temporarily close stores and…