International hotel groups are increasing their presence in China, betting on the cheaper end of the market as the country’s economic slowdown hurts travellers’ budgets.

Alarm bells are ringing across the high-end sector. 2024 did not end as luxury brands had hoped, and the figures published by ...

Global luxury goods companies are expected to pull out all the stops this year to persuade U.S. shoppers to splash out on diamond bracelets, quilted leather handbags and other designer fashions, given ...

According to Bain analysts, top-level luxury consumers in China will remain a vitally important demographic for brands, accounting for 45% of sales last year with that proportion expected to ...