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Hugo Boss's Shares Drop on Weak Consumer Sentiment
Market Watch· 1 day agoShares in Hugo Boss fell as concerns of subdued consumer demand overshadowed the premium-fashion group's higher earnings in the first quarter. In a context of a general slowdown in the luxury ...
Consumer Cos Climb After Fed Statement -- Consumer Roundup
Market Watch· 2 days agoConsumer companies rallied after Federal Reserve Chairman pushed back against fears that the central bank would cancel rate-cut plans this year because of a recent up-tick in inflation. The ...
EssilorLuxottica has looked at Marcolin, not seen as strategic, CEO says
Reuters· 3 days ago, opens new tab has been involved in the sale process for its Italian competitor Marcolin, but it does not consider the asset as strategic, the group's chief executive told shareholders on Tuesday ...
Apple, Amazon, Fed Rates Could Have a Devastating Effect on Stocks, Here’s Why. And 5 Other Things...
Barrons.com· 4 days agoTesla’s Musk gets self-driving approval in China, Japan’s yen dips to 34-year low against U.S....
Eat, sleep, live luxury: LVMH is building whole cityscapes centered on their designer stores
Business Insider· 6 days agoLouis Vuitton Moët Hennessy is betting billions on in-person shopping by turning old buildings into...
LVMH's new path to people's hearts (and pockets) is through sprawling real estate empires in New...
Fortune· 4 days agoWhether that’s in legacy sites like New York’s Fifth Avenue and Paris’s Champs-Elysées, or the newer warehouse-turned-shopping experience like in Miami’s Design District, the French conglomerate ...
The number of U.K.-listed companies issuing profit warnings is higher than during the Global...
Fortune· 5 days agoNearly 20% of U.K.-listed companies have issued profit warnings in the past 12 months, according to a new report released Monday by EY-Parthenon, the consulting arm of Big Four firm Ernst & ...
Op-Ed: Should a Luxury Group Buy De Beers?
The Business of Fashion· 4 days agoFacing a $39 billion bid from mining giant BHP Group Ltd, the London-listed company is considering offloading the diamond unit, the Wall Street Journal...
Inside Fashion’s Exotic Handbags Trade
The Business of Fashion· 3 days agoIn March of 2019, Paola Soto and three other travellers boarded a flight from Colombia to Miami International Airport. In their luggage were nearly 30...