Unexpectedly rapid growth in the Chinese economy in the second quarter was a rare positive story in a pessimistic year for the luxury industry. However, China's strong GDP data does not cancel out the structural risks holding back consumption in a country that accounts for a quarter of global luxury sales.

China's economy outperformed forecasts in Q2. Why is this good for the luxury market?

LVMH Moet Hennessy - Louis Vuitton, Societe Europeenne

LVMH's market value fell by more than a third in a year

"LVMH's subsidiary was put under external management. Is it worth buying its shares?


Kering SA

Moncler S.p.A.

The company plans to raise prices in the second half of the year as it has confidence in its consumers, but it is not certain that other luxury brands can replicate this

The Italian luxury brand surprised with high sales. What makes it stand out in the market?

Renault SA

On June 15, Renault <a href="https://media.renaultgroup.com/announcement-regarding-the-governance-of-renault-group/">announced</a> that its CEO Luca de Meo will step down effective July 15. This is not a retirement. He will <a href="https://www.kering.com/en/news/kering-announces-the-appointment-of-luca-de-meo-as-chief-executive-officer/">take the helm</a> of French group Kering, which owns famous fashion brands Gucci, Balenciaga, Yves Saint Laurent, Brioni and others. Why would a luxury company from the world of fashion need the experience of a top manager from the world of automobiles?

Stranger in the fashion house: why the owner of Gucci hired a CEO from a car company

Over the past two years, the owner of Gucci has lost nearly 66% of its market value

Luxury Brands