Global Stock Managers on Guard as China Pain Set to Spread
Global stock managers are bracing for pain as China’s dramatic slowdown undermines the prospects for companies elsewhere that
2023-08-19 08:30
LVMH Leads $22 Billion Luxury Rally as China Eases Travel Curbs
LVMH led luxury stocks higher in Europe on Thursday as China lifted a ban on group tours, boosting
2023-08-10 16:51
European Stocks Lifted by Luxury as China Eases Travel Curbs
European stocks extended gains into a second session, as China’s decision to relax travel curbs offered a lift
2023-08-10 15:45
Hermes Sales Soar as US Demand for Birkin Bags Stays Strong
Hermes sales jumped as the Birkin maker continued to see resilient demand for its high-end handbags, notably in
2023-07-28 14:26
US Consumer Weakness Erodes Sales at LVMH, Unilever and More
European consumer-goods companies from LVMH to Unilever Plc and British American Tobacco Plc highlighted recent softness in US
2023-07-26 19:50
LVMH’s US Weakness Weighs on Sales as China Rebounds
LVMH’s US sales declined in the second quarter as a sluggish economy deterred some shoppers from buying its
2023-07-26 02:48
LVMH to Sponsor Paris Olympics in a First for Luxury Group
LVMH agreed to become a premium sponsor of the 2024 Summer Olympics in Paris in the first deal
2023-07-25 14:46
Africa’s Thirst for Champagne Could Bring Veuve Cliquot to Kenya and Ghana
Veuve Clicquot, the Champagne maker that’s part of luxury-goods powerhouse LVMH, is exploring new markets in Africa as
2023-07-21 16:24
Elon Musk’s Wealth Slumps $13.6 Billion as Tesla Shares Tumble
Elon Musk’s fortune slumped $13.6 billion Thursday after Tesla Inc. warned it may have to keep cutting the
2023-07-21 01:18
Kering Said to Tap Defense Advisers as Activist Bluebell Circles
Kering SA is speaking to defense advisers as activist investors including Bluebell Capital Partners Ltd. circle the French
2023-07-19 21:21
LVMH’s Sephora Weighs New China Head to Seek €20 Billion Sales
Sephora, the cosmetics retailer owned by luxury conglomerate LVMH, is considering an overhaul of its China operations, including
2023-07-18 20:28
European Stocks Decline on China Data; LVMH Leads Luxury Lower
European stocks fell on Monday as weak economic data from China hit risk sentiment, while investors turned to
2023-07-17 15:51