Morgan Stanley Downgrades LVMH to End Six Years of Bullishness
For the first time in six years, a Morgan Stanley analyst is relinquishing his positive view on LVMH.
1970-01-01 08:00
Swiss Watch Exports Rise Again as Low-Priced Timepieces Surge
Swiss watch exports rose in October with shipments to the key US and Chinese markets increasing and lower-priced
1970-01-01 08:00
Spirits and Luxury Stocks Fall as Pricing Power Starts to Fade
Shoppers are rebelling against higher prices for everything from Piaget watches to Don Julio tequila, wiping off $45
1970-01-01 08:00
Swiss Stocks Are Lagging Eurozone Peers By the Most Since 1999
Switzerland’s typically staid stock market is headed for its worst annual showing against euro zone peers since 1999,
1970-01-01 08:00
Rolex Prices Drop as Cheaper Watches Outperform: Subdial Index
Prices for pre-owned Rolex watches kept falling on the secondary market last month while entry-level models and brands
1970-01-01 08:00
Luxury Sector Cut at Barclays, Deutsche Bank on China Woes
Luxury-goods companies face the risk of disappointing sales growth in China that will weigh further on their stock
1970-01-01 08:00
Asia Stocks Under Pressure, Dollar Strengthens: Markets Wrap
Asian equity futures drifted lower as US stocks fell following economic data that exceeded forecasts, bolstering the case
1970-01-01 08:00
Cartier-Owner Richemont Says Inflation Hitting Europe Demand
The chairman of Richemont, the Swiss owner of Cartier and watchmakers including IWC and Vacheron Constantin, said inflation
1970-01-01 08:00
Europe Luxury Stocks Slide as Richemont Chairman Says Inflation Is Denting Demand
Luxury-goods stocks slumped in Europe after Richemont Chairman Johann Rupert said inflation is starting to dent demand across
1970-01-01 08:00
Rolex and Patek Keep Falling as Cartier Shines: Subdial Index
Prices for the most popular higher-end watches from Rolex and Patek Philippe kept falling over the past month,
1970-01-01 08:00
Luxury Watches Worth £1 Billion Reported Missing in Theft Surge
Luxury watches worth more than £1 billion ($1.3 billion) have been reported as stolen or missing, with a
1970-01-01 08:00
Moody’s Has More Gloomy View on US Banks Amid Several Strains
US banks including Capital One, PNC Financial Services Group and Fifth Third Bancorp had their debt-rating outlooks cut
1970-01-01 08:00