A look by Kering brand Gucci

    Europe’s luxury giants discern green shoots in key China market

    By Bloomberg Published August 23, 2026 Europe’s biggest luxury firms are turning a little more positive on the crucial Chinese market, as a fragile spending recovery takes shape in the country. A look by Kering brand Gucci – Gucci Chinese household consumption is stabilising and even starting to rebound in some categories like high-end cosmetics,…

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      Mercedes hit by tariff costs as 2025 earnings more than halve

      The Mercedes star, the brand logo of the vehicle manufacturer Mercedes-Benz, rotates on a building of a Mercedes-Benz car dealership. Picture Alliance | Picture Alliance | Getty Images German luxury car manufacturer Mercedes-Benz Group on Thursday reported a steep drop in full-year profit and warned of challenging times ahead, following a year marred by intense…

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      EU introduces €3 levy on small parcels from China

        EU introduces €3 levy on small parcels from China

        Published December 12, 2025 The principle has been agreed, but the practical details have yet to be worked out. From July 1, a three-euro tax will be applied to small non-EU parcels entering the European Union, marking the end of the tax exemption for parcels under 150 euros, in a bid to rein in Shein…

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