Store closures are also hurting mall owners and undermining projections for an end to the multi-year property market slump.
Shares of Kering plunged on Friday after the firm announced that Demna Gvasalia would take the reigns as new artistic ...
Global luxury brands are accelerating their exit from China, closing stores in prime locations across major cities as consumers tighten their spending.
For its F/W 25 collection, Gucci models walked through a dark green–coated space with a massive interlocking G logo in the middle. The color alone—a departure from the black cherry that has ...
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