[vc_row][vc_column][vc_column_text] Luxury carmaker Daimler (DAIGn.DE) said it would intensify cost cuts after legal risks for diesel-related issues and the cost of replacing Takata airbags triggered a 1.56 billion euros ($1.74 billion) loss
[vc_row][vc_column][vc_column_text] The French hotel group Accor will open a hotel in Barhein through its luxury subsidiary Raffles.
[vc_row][vc_column][vc_column_text] Luxury brands Swatch Group and Richemont released their last results and announced lower sales in Hong Kong.
[vc_row][vc_column][vc_column_text] The company Altarea Cogedim chaired by Alain Taravella will become majority shareholder in the real estate group Daniel Féau.
[vc_row][vc_column][vc_column_text] Birkin handbag maker Hermes on Tuesday posted a better-than-expected rise in comparable sales in the second quarter, buoyed by solid demand in Asia in an encouraging signal for some of its
[vc_row][vc_column][vc_column_text] Britain’s auto industry, seeking to swerve Brexit obstacles, is accelerating toward electrification as consumers shun high-polluting diesels, driven by rapid advances in technology and greener government policy.
[vc_row][vc_column][vc_column_text] BMW (BMWG.DE) has named Oliver Zipse as its new CEO, continuing the German carmaker’s tradition of promoting production chiefs to the top job even as the auto industry expands into new
[vc_row][vc_column][vc_column_text] A Dubai-based property developer has won the contest to acquire luxury-fashion label Roberto Cavalli in a deal worth around €160m ($180m), according to a source close to the deal.
[vc_row][vc_column][vc_column_text] With +1.74% increase, Hermès is the most successful CAC 40 company.
[vc_row][vc_column][vc_column_text] Strong demand in mainland China helped Cartier-owner Richemont (CFR.S) offset a weaker performance elsewhere in its first quarter, as protests in Hong Kong hit sales, revenues fell in Europe and it