Luxury

© Reuters. FILE PHOTO: A view of L'Occitane en Provence logo in Paris, France, August 10, 2023. REUTERS/Stephanie Lecocq/File Photo (Reuters) -Blackstone Inc is considering a bid for skincare company L'Occitane International SA,…

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Purchases of new Bentley cars have fallen sharply because of the state of the global economy, according to the company that assembles the luxury vehicles in Cheshire. Bentley Motor Cars, a division of Volkswagen, the German group, said…

© Reuters. A Burberry store is seen in London, Britain, January 16, 2023. REUTERS/Peter Nicholls/File Photo (Corrects headline and paragraph 2 to say profit warning rather than second warning as November statement was a downgrade) By…

Spirits revenue in the U.S. is slated to increase ~3% in 2024 compared to this year as liquor company CEOs say that despite concerns over inflationary impacts on consumer spending, drinkers still see spirits as an affordable luxury. U.S.…

Breadcrumb Trail LinksPMN BusinessThe frenzy around weight-loss drugs and artificial intelligence, followed by a late-year market rally, made 2023 memorable for European stocks. For investors in renewables and some big luxury names, it was…

Frasers Group has snapped up luxury clothing website Matches Fashion for £52million. The company, which is controlled by billionaire Mike Ashley, will buy Matches from private equity firm Apax Partners, its owner since 2017. It marks a…

2/2 © Reuters. FILE PHOTO: People look for presents at the Macy’s flagship store during the holiday season in New York City, U.S., December 10, 2023. REUTERS/Eduardo Munoz/File Photo 2/2 By Mimosa Spencer PARIS (Reuters) -Early…

If you are in the market for a luxury Swiss watch now might be your best time to buy — just in time for the holidays.Subdial, a watch industry data provider, reported that its Bloomberg Subdial Watch Index fell again for the month of…

Mike Ashley’s Frasers Group has warned of “softening” in the global luxury market as underlying sales at its upmarket division, which includes the House of Fraser department stores and Flannels chain, dived more than 11%. The fall,…