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
Gucci Handbags Disappoint at Auction as Luxury Fervor Cools
An auction of rare Gucci handbags disappointed at Christie’s, a sign that robust demand for high-end purses is
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
Gucci Sales Fall as Kering Lags Rivals Facing Luxury Slowdown
Gucci sales fell as Kering SA’s biggest brand grapples with the twin challenges of a luxury goods slowdown
1970-01-01 08:00
A $245 Billion Selloff Signals Less Sparkly Future for Luxury Stocks
The wealthy shoppers who fueled LVMH’s rise to Europe’s most valuable company and made its founder the world’s
1970-01-01 08:00
Valentino Chairman Gives Gloomy Outlook for Luxury Sector
The luxury industry’s troubles are mounting, with US department stores struggling and China failing to live up to
1970-01-01 08:00
Kering’s Gucci Show Gains Erased by Rare Negative Recommendation
Days after basking in the glow of the first collection from Gucci’s new designer, Kering SA shares fell
1970-01-01 08:00
Sabato De Sarno’s First Gucci Show Brings Miniskirts, Platform Loafers
New creative director Sabato De Sarno’s first Gucci show in Milan featured a fresh image for the brand,
1970-01-01 08:00
Pinault’s Hollywood Deal Caps Buying Spree Worth Billions
Francois-Henri Pinault, scion of the billionaire French clan that controls a global fashion empire, leapt into a Hollywood
1970-01-01 08:00
Pinault to Buy Majority Stake in Talent Agent CAA
French billionaire Francois Pinault’s holding company Artémis agreed to buy a majority stake in the Hollywood talent giant
1970-01-01 08:00
France’s Pinault Nears $7 Billion Deal for Talent Agency CAA
French billionaire Francois-Henri Pinault is close to a $7 billion deal to buy a majority stake in Creative
1970-01-01 08:00
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
1970-01-01 08:00