Tag: Professional services
A study says the global luxury goods market will shrink in 2025. Trump tariffs could make it worse
MILAN -- Global sales of personal luxury goods are forecast to shrink in 2025 for the first time since the Great Recession, according...
China hands PwC a 6-month ban and fine over audit of the collapsed developer Evergrande
HONG KONG -- Chinese authorities have banned the accounting firm PwC for six months and fined it over 400 million yuan ($56.4 million)...
As the Middle East frets about conflict, Dubai booms with an influx of anxious wealth
DUBAI, United Arab Emirates -- As conflict casts a shadow across the Middle East, people are getting rich in Dubai. The desert sheikdom’s...
Study finds global luxury sales flattening amid self-inflicted creativity crisis and price hikes
MILAN -- The post-pandemic surge in global sales of luxury handbags, shoes and apparel is set to stall this year amid a creativity...