Morgan Stanley Downgrades LVMH to End Six Years of Bullishness
For the first time in six years, a Morgan Stanley analyst is relinquishing his positive view on LVMH.
2023-12-01 18:54
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 23:55
Gucci Sales Fall as Kering Lags Peers Facing Luxury Slowdown
Gucci sales fell as Kering SA’s biggest brand grappled with the twin challenges of a luxury goods slowdown
2023-10-25 15:49
Valentino Chairman Gives Gloomy Outlook for Luxury Sector
The luxury industry’s troubles are mounting, with US department stores struggling and China failing to live up to
2023-09-25 23:54
Pinault’s Hollywood Deal Caps Buying Spree Worth Billions
Francois-Henri Pinault, scion of the billionaire French clan that controls a global fashion empire, leapt into a Hollywood
2023-09-09 14:48
Pinault to Buy Majority Stake in Talent Agent CAA
French billionaire Francois Pinault’s holding company Artémis agreed to buy a majority stake in the Hollywood talent giant
2023-09-08 15:20
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
From Luxury to Food, Spending Power in Focus in Upcoming European Earnings
Richemont’s wake-up call for luxury watchers this week raises the ante for LVMH, L’Oreal SA and Gucci-owner Kering
2023-07-21 15:50
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
Gucci CEO Bizzarri to Leave as Label’s Slump Drags on Kering
Gucci Chief Executive Officer Marco Bizzarri is set to leave the brand as owner Kering SA moves to
2023-07-19 15:24
Passport, Money, AirTag? Why Luggage Woes Are Back
After returning to New York from Oslo in late May, Harley Hendrix noticed her suitcase containing a cherished
2023-07-14 12:16
French Billionaire Pinault Is in Talks to Buy CAA Talent Agency in $7 Billion Deal
Creative Artists Agency is in advanced discussions to sell a majority stake in itself to Francois-Henri Pinault, the
2023-07-14 10:16