Business
After China’s long retail downturn, CEOs see consumer spending coming back
Several North American and European companies have posted positive results in the Asian nation in recent weeks Top executives at Western…
Tag
Downturn
Fashion
Miu Miu growth helps Prada to defy luxury downturn
Prada reported a 9 per cent increase in first half net revenues at constant currencies on Wednesday (Jul 30), with its smaller but fast…
Business
Asian CFOs brace for downturn, but eye expansion: survey
More than eight in 10 Asian chief financial officers (CFOs) expect the global economy to worsen in the coming months – a markedly more…
Business
Chanel profit tumbles as luxury industry downturn hits sales
Chanel profit plunged last year as the closely held company splurged on expanding its retail network and marketing to remain visible amid…
Fashion
Hermès Bucks Luxury Downturn as Q4 Sales Jump 18%
PARIS – Hèrmes International continues its streak as the leader of the luxury pack, with sales up 18 percent at constant exchange in the…