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.
2023-12-01 18:54
European Stocks Extend $1.2 Trillion Rally Before Powell Speech
European stocks kicked off December with gains, extending a rally that added $1.2 trillion to the Stoxx 600’s
2023-12-01 16:58
China’s A-List Flock to Hong Kong for Louis Vuitton’s First Show
Some of China’s most popular celebrities and K-drama stars gathered at Louis Vuitton’s first ever fashion show in
2023-11-30 22:56
Is the US Headed for a Recession? Look at What Richer Americans Do on Black Friday
Richer Americans are curtailing their spending ahead of Black Friday, a worrisome sign for an economy that has
2023-11-21 19:21
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
2023-11-21 16:52
Louis Vuitton Teams Up With Hong Kong Tycoon to Host Debut Show
Louis Vuitton is set to hold its first ever fashion show in Hong Kong, in partnership with the
2023-11-20 16:27
Rich Americans Cancel Trips to Paris Following Middle East War
Wealthy Americans are holding off on booking trips to Paris as the war in the Middle East and
2023-11-18 16:48
Burberry Warns Luxury Slump Puts Revenue Target Under Threat
Burberry Group Plc warned this year’s revenue target may be out of reach after the UK trench-coat maker’s
2023-11-16 15:55
Rich Chinese Shoppers’ Appetite Slows as Confidence Falters
Global luxury retailers counting on wealthy Chinese shoppers to raise their sales might be dismayed by recent reports
2023-11-15 12:21
Discount Retailers’ Sales Rebound With Anxious Shoppers Seeking Deals
Value retailers are holding up against a broader spending pullback as persistent anxiety over the economy and a
2023-11-14 22:21
The Diamond World Takes Radical Steps to Stop a Pricing Plunge
When the world’s most important diamond buyers arrived at De Beers’ offices in Botswana late last month, they
2023-11-11 21:19
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
2023-11-10 21:57