Finance News – Luxury Sector

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City A.M. • Jul 23, 2025

Equinox losses nearly triple in the UK amid luxury sector woes

Equinox’s UK operations experienced a significant financial decline in 2024, reporting a £21 million loss that reflects broader challenges within the upscale market segment.

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CNBC Business • May 16, 2025

Shares of Cartier owner Richemont jump 7% as shoppers splurge on jewelry despite luxury slowdown

Richemont experienced a notable increase in stock value following higher-than-anticipated quarterly revenue, driven by sustained demand for jewelry among affluent consumers despite...

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