【Washington D】Trump Meets with LVMH Chairman Whose Sales Are Threatened by Tariffs
Editor’s NoteThis article reports on a recently disclosed meeting between U.S. President Donald Trump and LVMH Chairman Bernard Arnault at the White…
Sales Decline
【France】LVMH Contains the Luxury Tremor: The Giant Shrinks Sales by Only 2% in 2024
Editor’s NoteLVMH’s 2024 results reveal a luxury sector under pressure, yet the group’s performance demonstrates resilience. While sales and profit…
【韩国】Luxury Sector Sales Expected to Decrease by 2% in 2024
Editor’s NoteThe latest industry data signals a pivotal shift in the luxury landscape for 2024. While the overall market is projected to contract…
【Switzerland】Swiss Richemont Group’s Global Revenue Flat in First Half, China Market Down 27%
Editor’s NoteRichemont’s latest results highlight the resilience of its core jewelry business amid challenging market conditions. While sales held…
【Beijing, Chi】Diamonds Remain Unsold in the First Half of 2024
Editor’s NoteDe Beers has revised its 2024 production forecast downward, citing strategic adjustments following discussions with partners. This…
【London, Unit】Thousands of Precious Stones Accumulated Due to COVID-19
Editor’s NoteThe global diamond industry is facing unprecedented challenges as the coronavirus crisis disrupts supply chains and consumer demand….