The 10 richest people in the world gained $63.5 billion after it was announced that Donald Trump had won the U.S.

(Reuters) -Versace-parent Capri Holdings posted a bigger-than-expected drop in quarterly revenue on Thursday, hurt by ...

Only two of the top 10 billionaires lost money during the boom. Bernard Arnault, chairman and CEO of luxury goods empire LVMH ...

LVMH Luxury Ventures has acquired a minority stake in Swedish label Our Legacy. The investment will support the brand’s ...

China’s luxury market may recover in the next 24 months as the country’s economy bounces back, Bulgari Chief Executive ...

For the better part of this year, China has experienced a slump in the most opulent of sectors. Sales for luxury powerhouses ...

Wealthy customers continue to splurge on high-end leather handbags and Polo sweat-shirts, boosting demand across Ralph's ...

Cartier owner Richemont is scheduled to report results for the first half of its fiscal year on Friday. Here is what you need to know: SALES FORECAST: For its second quarter, which goes from June to ...

Much of the gains for the ultra-rich come down to a surge in US stocks, underscoring bets that Trump, on his return to the White House, will implement an agenda favouring lower taxes and less ...

Data from LSEG I/B/E/S estimates earnings growth for financials of 20.6% in the third quarter, the third-highest growth rate ...

LVMH has acquired a minority stake in Our Legacy, the contemporary Swedish fashion label known for making “classic garments ...