Novo Nordisk’s Earnings Surge on Frenzy for Obesity Drugs
Novo Nordisk A/S sales surged in the third quarter as demand continued unabated for its obesity and diabetes
2023-11-02 16:26
Luxury Group Lalique Acquires Sauternes Vineyard Near Bordeaux
Swiss luxury firm Lalique Group SA is adding the Château Lafaurie-Peyraguey vineyards in the Bordeaux region to its
2023-11-02 01:20
Prada Sales Jump as Miu Miu Flats, Cardigans Prove to Be Big Fashion Hits
Prada SpA’s sales jumped as the Italian fashion company lured shoppers eager to buy its Miu Miu ballet
2023-10-31 21:25
Tougher Times for Luxury Brands Separate Winners From Losers
The luxury-goods industry’s first slowdown since the pandemic is separating the winners from the losers. Kering SA warned
2023-10-25 21:24
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
2023-10-25 00:51
L’Oreal Sales in North Asia Hit by Slump in Travel Retail
L’Oreal SA sales in the region that includes China unexpectedly fell in the third quarter as the cosmetics
2023-10-20 01:55
London Regains Europe’s Stock Market Crown, Lifted By Oil Surge
London has recaptured its crown as Europe’s largest stock market from Paris, lifted by surging crude oil prices.
2023-10-19 15:16
Billionaire Arnault Loses Spot as World’s Second-Richest Person to Bezos
Bernard Arnault lost his spot as the world’s second-richest person as a selloff in luxury stocks pushed his
2023-10-17 05:59
How Birkenstock’s Lackluster Debut Mistimed the Shaky IPO Market
Birkenstock Holding Plc, the 249-year-old footwear brand, stumbled onto Wall Street last week in a debut that could
2023-10-16 13:51
Chinese Opt for Trendy McDonald’s Over Hermes in Blow to Hong Kong Tourism
Mainland Chinese visitors to Hong Kong used to flaunt Hermes handbags in shopping malls for social media photos.
2023-10-13 07:48
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
2023-10-11 20:27
LVMH Sales Growth Slows as Global Luxury Demand Cools
LVMH’s sales growth softened in the third quarter as shoppers reined in spending on high-end Cognac and costly
2023-10-11 00:51