Shares in LVMH, the world's biggest luxury goods group, hit a record high on Tuesday after the French company beat sales forecasts in the first quarter and said demand from Chinese customers had picked up.
Place Vendôme is no longer just a square in Paris. Soon it will also be Place Vendôme, the most luxurious shopping destination in Qatar, the country with the highest per capita income on the planet, at $140,000 annually.
French luxury goods group Hermes said on Wednesday it was starting 2017 on a solid footing after delivering record 2016 profits, providing further evidence of a broader recovery in the luxury goods industry.
British high-end retailer L.K. Bennett said it plans to open five stores in Russia, shrugging off the political and economic challenges of working in a country that's been under Western sanctions for almost three years.
Canada Goose Holdings Inc's shares surged as much as 40 percent in their market debut on Thursday after the high-end coat manufacturer raised C$340 million ($256 million) in an initial public offering.