Japan's Shiseido becomes latest luxury brand hit by China slump, shares plunge TOKYO, Aug 8 (Reuters) - Japanese cosmetics powerhouse Shiseido 4911.T fell by its daily limit in Tokyo trading on Thursday following midyear earnings that were hit by restructuring costs and slumping demand in China. Shiseido becomes the latest casualty among luxury brands, including Cartier-owner Richemont CFR.S and Gucci's Kering PRTP.PA , to be stung by slowing growth and consumer confidence in the world's second-

RPT-BREAKINGVIEWS-China's luxury push paves way for sin tax rejig The author is a Reuters Breakingviews columnist. The opinions expressed are his own. By Chan Ka Sing HONG KONG, Aug 5 (Reuters Breakingviews) - China's latest plan to boost spending looks underwhelming. The State Council on Sunday released a 20-point plan aimed at spurring consumption in high-end sectors like yachts and cruise ships.

BREAKINGVIEWS-China's luxury push paves way for sin tax rejig The author is a Reuters Breakingviews columnist. The opinions expressed are his own. By Chan Ka Sing HONG KONG, Aug 5 (Reuters Breakingviews) - China's latest plan to boost spending looks underwhelming. The State Council on Sunday released a 20-point plan aimed at spurring consumption in high-end sectors like yachts and cruise ships.

Tourist splurge in Japan creates new headache for luxury brands By David Dolan TOKYO, Aug 1 (Reuters) - Tourists are flocking to Japan to scoop up high-end clothes and handbags at a discount thanks to the weak yen currency. Luxury goods companies like Louis Vuitton parent LVMH LVMH.PA would rather they stayed home and shopped. The yen's JPY= sell-off - it hit a 38-year low against the dollar last month before recovering ground - has sparked an unprecedented tourist boom, drawing savvy shoppers f

LIVE MARKETS-Weakness in China hitting more than just luxury STOXX 600 up 0.55% Oil & gas, real estate lead gainers Reckitt tumbles Wall St futures higher Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com WEAKNESS IN CHINA HITTING MORE THAN JUST LUXURY Second-quarter results from Europe's luxury names have mostly been on the soft side, with most companies flagging weakness in China