According to financial information platform Investing.com, BNP Paribas has upgraded the stock rating of Hermès from Neutral ...

written by Amra Osman, Sales Director at XTB MENA 18 th Nov 24 8:20 am The accommodative announcements by the People’s Bank ...

LVMH is the epitome of luxury, and it has delivered market-beating ROR for the better part of its existence. Read why LVMHF ...

This conversation with Dr. Sujata Ashwarya – a professor at the Centre for West Asian (Middle Eastern) Studies in Jamia ...

Birkin bag maker Hermes reported on Thursday a hefty rise in third-quarter sales, continuing to outshine rivals hit hard by a downturn in China as its luxury handbags lure wealthy shoppers.

China’s legislators extended a financial lifeline to indebted local governments, but held off on new fiscal stimulus measures to revive the struggling economy. Here's how some China-related assets ...

But the more your customer base is comprised of the merely affluent—rather than the uber wealthy—and you sell products that are not nearly so strongly coveted (see virtually every accessible luxury ...

Discover how a US-China trade war could cost UK exports up to £8.5bn. Learn about the risks to manufacturing, global trade, ...

The nearly 200-year-old family company even reported a 7% growth in Asia, excluding Japan, where sluggish demand for luxury in China has wreaked havoc for many other luxury brands. The only sore ...

While household spending has been subdued in Europe over the past few years due to high interest rates and elevated inflation, the downturn has been largely driven by shoppers from China.

“We see Hermès as the best current opportunity to protect the portfolio from a difficult [fourth quarter] — suffering from a global cyclical slowdown exacerbated by structural issues in China ...