MILAN (Reuters) -LVMH-owned Dior's production arm in Italy, Manufactures Dior, relied on formal inspections to assess working ...

Indonesia has officially implemented a 12% value added tax (VAT) on luxury goods and services starting on Jan. 1, a 1 ...

Indonesia's President Prabowo Subianto on Tuesday said a planned increase in value-added tax (VAT) rate by one percentage ...

Despite a barrage of Western sanctions and swathes of brands quitting Russia after the Kremlin launched its Ukraine offensive ...

As the global luxury goods market continues to expand, driven by rising disposable incomes and the increasing influence of ...

In contrast, Canada imposes a uniform 5 per cent GST on most goods and services. Singapore has a uniform GST of 9 per cent.

Meet Ferrari 's ( RACE 0.38%) newest supercar, the F80. While it might be nearly impossible to get your hands on one, ...

Prabowo Subianto announces an increase in Value Added Tax (VAT) from 11% to 12% on luxury goods and services, effective ...

From the paintwork on the hands to the magnification of the date window, here's how to check for the real deal.

A mother and son were sentenced Monday, December 30, for selling fake luxury items in downtown Laredo after a two-year investigation.

President Prabowo Subianto has clarified that the increased value-added tax (VAT) of 12 percent will only be applicable on ...

Louis Vuitton, Sociétée Européene naturally is highly exposed to the long-term growth rate of the luxury industry. Read why ...