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 23:52
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 14:49
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 08:26
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 16:53
Hermes Surpasses Rivals With Strong US Birkin Bag Demand
Hermes’s sales and profit jumped as the maker of Birkin bags stood out from its luxury-industry rivals with
2023-07-28 15:25
European Stocks Decline as LVMH Earnings Roil Luxury Sector
European stocks dropped, snapping their longest winning streak since January, as earnings season rolled on and investors looked
2023-07-26 23:45
European Stocks Decline on China Data as 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 23:58
The Big China Play That Fueled Luxury Stocks Is Now Fizzling Out
A Big Tech-like rush into luxury stocks is fast falling out of favor. China got the credit for
2023-06-04 15:52