By Geoffrey Smith Investing.com -- Luxury stocks across Europe underperformed on Friday after Swiss-based Richemont (SIX:CFR) warned of a big hit to sales from the closure of Chinese...
In celebration of Louis Vuitton’s bicentennial birthday in the fashion industry, the elite luxury brand launched the Louis Vuitton NFT game in 2021 called Louis: The Game. And it has jumped...
MILAN (Reuters) – Andrea Guerra, the former chief executive of Italian eyewear giant Luxottica, is leaving LVMH after leading its hotel business over the past two years, the French...
(Reuters) – The head of luxury house LVMH Bernard Arnault said on Thursday the company’s outlook this year was “so far so good.”
PARIS (Reuters) – LVMH CEO Bernard Arnault said on Thursday his business empire was eying expanding into the digital “metaverse”, but stressed that the company still wants to sell “real...
The fashion industry has been front and center in capitalizing on the growing interest in the metaverse through a host of innovative initiatives. Recently, Dolce & Gabbana, Forever21, and...
PARIS (Reuters) – Strong demand for Louis Vuitton and Dior products helped lift first quarter sales at the world’s largest luxury goods conglomerate LVMH, showing the sector’s resilience...
By Dhirendra Tripathi Investing.com – Stocks of European retailers such as LVMH (PA:LVMH), Kering (PA:PRTP), H&M (ST:HMb), Moncler (MI:MONC) and Hermès (PA:HRMS) were all down around 4%...
By Geoffrey Smith Investing.com -- European stock markets opened lower on Tuesday as a fresh round of EU sanctions, a rebound in Covid-19 cases and more signs of red-hot inflation all...
(Bloomberg) -- With sanctions on Russia sending the ruble plunging and keeping stock markets shuttered, the country’s wealthy are turning to luxury jewelery and watches in a bid to preserve...
By Dhirendra Tripathi Investing.com – Hermes stock (PA:HRMS) fell 4% in Paris trading Friday after the company’s self-imposed production caps limited its capacity to capture the waiting...
(This Jan. 27 story corrects to show in paragraph 4 that the gap between three- and six-month yields is at steepest since 2018, not 2015) A look at the day ahead from Sujata Rao. The...
By Dhirendra Tripathi Investing.com – Capri Holdings stock (NYSE:CPRI) surged 9% Wednesday after the retailer raised its annual forecast, banking on consumer appetite for luxury shopping...
By Geoffrey Smith Investing.com -- Stocks are set for a weak open despite support from Apple (NASDAQ:AAPL), which posted a record quarter for sales. Economic bellwether Caterpillar...
By Peter Nurse Investing.com - European stock markets weakened Friday, with the recent hawkish turn by the Federal Reserve as well as concerns over Russia’s intentions for Ukraine weighing...
Investing.com - Louis Vuitton reported on Thursday fourth quarter {{erl-399||earnings that matched analysts' forecasts and revenue that topped expectations. Louis Vuitton announced...
Chinese growth and corporate earnings in the United States and Europe, including results from the big-hitting FAANGs, will give markets plenty to digest in the week ahead, while Turkey's...
Chinese growth and corporate earnings in the United States and Europe, including results from the big-hitting FAANGs, will give markets plenty to digest in the week ahead, while Turkey's...
Dhirendra Tripathi Investing.com – LVMH stock (PA:LVMH) traded more than 2% higher in Paris as sustained high demand for luxury helped the French group go past the estimates for the third...
By Sruthi Shankar and Susan Mathew (Reuters) - European stocks marked their best showing since July on Thursday, as easing oil and gas prices offered relief to investors worried about...
By Sruthi Shankar and Shreyashi Sanyal (Reuters) -European shares slipped on Wednesday as utilities fell on Spain's move to cap energy bills, while luxury stocks continued to weaken on...
By Dhirendra Tripathi Investing.com – Wolverine stock (NYSE:WWW) recouped its losses and was trading in the green Tuesday following the company’s $410 million deal to buy women’s activewear...
Investing.com - Louis Vuitton reported on Monday second quarter {{erl-399||earnings that beat analysts' forecasts and revenue that topped expectations. Louis Vuitton announced earnings per...
By Geoffrey Smith Investing.com -- Burberry (LON:BRBY) stock slumped in early trading in Europe on Monday after the luxury goods company said its chief executive Marco Gobbetti is...
* Allfunds jumps 20% on market debut* PMIs fail to spur big moves in indexes* Moncler falls as Q1 sales lag peers (Updates to close)By Sruthi ShankarApril 23 (Reuters) - European stocks...
* ASML jumps after forecast raise* Roche rally on results boost healthcare sector* Juventus slides on Super League doubts (Updates to close)By Sruthi Shankar and Susan MathewApril 21...
(Adds close of U.S. markets)* S&P 500, Dow, MSCI ACWI hit fresh highs* Bond yields near three-week lows* Bitcoin hits record high, dollar weakensBy Herbert Lash and Tom ArnoldNEW...
(Adds oil, gold settlement prices, remarks)* S&P 500, Dow, MSCI ACWI hit fresh highs* Bond yields near three-week lows* Bitcoin hits record high, dollar weakensBy Herbert Lash and Tom...
(Adds close of European markets)* S&P 500, Dow, MSCI ACWI hit fresh highs* Bond yields near three-week lows* Bitcoin hits record high, dollar weakensBy Herbert Lash and Tom ArnoldNEW...
* SAP gains as cloud sales boost Q1* Luxury stocks rise after LVMH results* Economic institutes will cut 2021 German GDP forecast -sources (Updates to close)By Sruthi Shankar and Susan...
(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window)* Most of Europe would be open for Britons by May 17 - EasyJet CEO* Glencore...
By Geoffrey Smith Investing.com -- Coinbase is set to go public via a direct listing at a reference price that values it north of $65 billion. Bitcoin and Dogecoin are basking in its...
(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window)April 14 (Reuters) - European stocks inched up on Wednesday, as upbeat earnings...
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