A growing concern over how beauty products are being marketed to younger audiences has sparked a formal investigation in Italy, placing some of the world’s biggest...
The European Union has imposed fines totalling more than €157 million (R3.3 billion) on luxury fashion houses Gucci, Chloé and Loewe for breaching competition laws. According...
Swiss luxury group Richemont, chaired by South African billionaire Johann Rupert, has posted resilient full-year sales growth, bucking the trend in a sluggish global luxury market....