TAG Heuer Sees Double-Digit Growth by Leaning Into Pricier Watches
On July 12, Swiss watchmaker TAG Heuer held a grand opening party for its new flagship on Fifth
1970-01-01 08:00
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
1970-01-01 08:00
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
1970-01-01 08:00
Billionaire Cheng Family Takes Over Vietnam Casino Resort
Hong Kong’s billionaire Cheng family has assumed control of a casino resort in Vietnam from the former listed
1970-01-01 08:00
European Stocks Slide as Chip Sector Hurt By TSMC Outlook Cut
European stocks opened lower as chip stocks were dragged down by Taiwan Semiconductor Manufacturing Co. outlook cut, while
1970-01-01 08:00
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
1970-01-01 08:00
Analysis-Why China could become the luxury industry's next sore spot
By Casey Hall and Mimosa Spencer SHANGHAI/PARIS The luxury goods industry has relied heavily on China and North
1970-01-01 08:00
Kering Says Gucci CEO Marco Bizzarri to Leave Struggling Brand
Kering announced that Marco Bizzarri, the chief executive officer of its biggest brand Gucci, is leaving the struggling
1970-01-01 08:00
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
1970-01-01 08:00
Ralph Lauren Will Keep Raising Prices to Boost Brand Prestige
Ralph Lauren Corp. plans to keep lifting the average price of its products, a sign the US apparel
1970-01-01 08:00
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
1970-01-01 08:00
Cartier Owner Richemont Sales Rise as China Demand Bounces Back
Richemont reported higher first-quarter sales as a rebound in China outweighed a decline in the Americas. Sales rose
1970-01-01 08:00