Burberry Group PLC

A Louis Vuitton storefront in San Diego, California.Kevin Carter | Getty Images News | Getty ImagesThe world's largest luxury company LVMH on Tuesday reported better-than-expected full-year sales, in the strongest sign yet of a potential…

Europe's beleaguered luxury sector could be set for a turn in fortunes this year, as early indicators point to improved consumer spending and a pivot away from China. Luxury shares shot up in trading last week after Cartier owner…