Trump tariffs would test pricing power of Europe's luxury goods makers
European luxury goods makers say they could draw on pricing power to offset the cost of any tariffs imposed by U.S. President Donald Trump, but analysts say some brands may have limited room to hike prices.
EU ready to negotiate on car tariffs with Trump, trade commissioner says
EU Trade Commissioner Maroš Šefčovič said the bloc is "ready to discuss" reducing its 10 percent tariff as part of broader negotiations.
Donald Trump considers 25% tariff on imported cars
Donald Trump is considering imposing tariffs of about 25 per cent on imports of cars, drugs and chips into the US as he teased the next steps of a rapidly escalating trade war. The US president said on Tuesday that he was weighing tariffs “in the neighbourhood” of 25 per cent on automotive imports and at least that level on pharmaceutical products and semiconductors.
EU trade chief ready to discuss trade deals, lower tariffs with Trump
The European Union's top trade officials said on Wednesday the bloc was interested in making mutually beneficial trade deals with U.S. President Donald Trump, and was ready to discuss the potential for reducing or eliminating tariffs on motor vehicles and other goods.
President Trump looks to bring manufacturing back to US with tariffs
TRUMP'S TREASURY SECRETARY SHUTS DOWN ANY TARIFF CONCERNS, PRAISES ‘FRICTIONLESS GLOBAL TRADE’ Trump has been busy pursuing other tariffs since taking office as well. He inked
EU considers tighter steel import curbs over Trump's new tariffs
The European Commission is investigating whether to tighten its current system of quotas on steel imports to protect EU producers from new tariffs U.S. President Donald Trump plans to impose on incoming steel and aluminium on March 12.
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Seoul busts hidden shop selling fake luxury goods to foreigners
Two South Koreans were arrested for selling counterfeit luxury items to foreigners at a hidden store in Myeong-dong, Seoul.
The Art Newspaper2d
Comment | Plunging sale sales see shine come off luxury goods at auction
Personal luxury goods ranging from diamonds to sneakers have proved helpful supplementary revenue spinners for the auction ...
Hermès’ stunning success raises the question: What’s everyone else in luxury doing wrong?
Hermès' executive chairman believes "it’s not the success of Hermès, but the world came to us," he said during an earnings ...
Sourcing Journal on MSN13d
ReGenesis Envisions Greener Luxury Goods Management
Eastman is joining the ReGenesis Protocol, an Italian project solving for recycled waste monetization within luxury’s supply ...
EurekAlert!11d
New research can help luxury brands counter the appeal of counterfeit goods
Whereas consumers with high-level knowledge about the origins, processes and details of luxury goods are more likely to hold consistent moral views on counterfeits, low-knowledge consumers can more ...
China’s wealthy shoppers have a new mentality—and it’s terrible news for luxury brands like LVMH and Kering who bet billions on their loyalty
After luxury companies invested billions in China’s market, the country’s consumers turned to new pricey purchases.
Illegal migrants busted in Joe Burrow home robbery posed with stolen luxury goods
A gang of illegal immigrants busted over a robbery at Bengals quarterback Joe Burrow’s Ohio home allegedly posed for photos ...
Bizcommunity.com on MSN2d
Africa's luxury goods markets emerges as a powerhouse
“With traditional luxury markets facing stagnation, Africa has become a critical market to watch. The continent’s affluent ...
Man charged with cheating after allegedly using tampered stolen credit cards to buy luxury goods
Liu Hesheng, 49, allegedly bought a Rolex watch worth about $32,716, among other items. Read more at straitstimes.com.
朝日新聞社4d
Sales of luxury goods push GDP back to levels before pandemic
Buoyed by surging sales of luxury goods, Japan’s gross domestic product in the second quarter returned to pre-pandemic levels, but concerns are already being raised that the recovery could be ...