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
2023-11-15 23:53
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
Hermes Sales Climb as US, Europe Shoppers Splurge on Birkin Bags
Hermes sales jumped as wealthy shoppers in the US and Europe splurged on the French company’s pricey Birkin
2023-10-24 14:46
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
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
2023-09-14 19:16
Sputtering Europe and Jittery China Add Bull Case for US Stocks
Europe’s stagflation crisis and a property downturn in China are flashing a familiar message: for equity investors, there
2023-09-02 16:15
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
2023-08-19 08:28
LVMH Leads $22 Billion Luxury Rally as China Eases Travel Curbs
LVMH led luxury stocks higher in Europe on Thursday as China lifted a ban on group tours, boosting
2023-08-10 16:47
Hermes Sales Soar as US Demand for Birkin Bags Stays Strong
Hermes sales jumped as the Birkin maker continued to see resilient demand for its high-end handbags, notably in
2023-07-28 14:19
European Stocks Slide as LVMH Earnings Weighs on Luxury Sector
European stocks dropped, snapping their longest winning streak since January, as earnings season rolled on and investors looked
2023-07-26 17:57
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
2023-07-19 21:23
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
2023-07-17 15:51