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Shortsellers targeted a wider range of equity sectors in March before U.S. President Donald Trump's April 2 "Liberation Day" ...
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Interaksyon on MSNHow ‘dupes’, fast fashion and China’s economic slowdown spell disaster for the luxury sectorAlarm bells are ringing across the high-end sector. 2024 did not end as luxury brands had hoped, and the figures published by ...
Economic slowdowns, cost of living and the threat of tariffs have seen a slump in sales of fancy frocks and posh bags . . .
Europe’s wealthiest individual, Bernard Arnault, is head of luxury goods empire LVMH — and has a lot to lose from a spiraling ...
LVMH lost its position on Tuesday as Europe's largest luxury company in terms of market capitalization after being overtaken by rival Hermes due to investor pessimism after disappointing first-quarter ...
Bernard Arnault has no succession plan, and no apparent intention of unveiling one soon. Indeed, the 76-year-old chairman and CEO of LVMH could spend another decade at the helm of the $300 billion ...
LVMH stock tumbles 8% as Q1 sales fall short, dragging luxury peers lower amid geopolitical tensions and economic concerns.
European shares edged higher on Tuesday as investors digested fast-changing U.S. tariff plans, while LVMH slumped after disappointing first-quarter revenue from the world's largest luxury group ...
We now expect 2025 to be another depressed year for the brand.
Kering’s pricing power is strong, resulting in gross margins at the higher end of the peer range (mid-70% reported and in the 80% range, channel-adjusted). Absolute pricing of Gucci’s handbags is in ...
In 2025, the luxury market faces headwinds unlike any seen since the Great Recession or Covid due to the threat of tariffs to ...
Versace is set to join Prada Group's luxury conglomerate later this year. It will become Prada Group's third-largest brand by ...
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