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Biden's speech, Ford's miss, European earnings - what's moving markets
Investing.com via Yahoo Singapore Finance· 3 days agoThe tech-led selloff looks set to continue Thursday, while Ford has also disappointed with a second-quarter profit miss. President Joe Biden addressed the nation on Wednesday for the first time ...
Gucci owner Kering stock down on weak earnings
Investing.com via Yahoo Singapore Finance· 3 days agoLuxury conglomerate Kering (EPA:PRTP), best known for its Gucci brand, saw its shares tumble on Thursday after reporting a disappointing set of second-quarter results. The ...
LVMH’s Revenue Drops Amid a Slowdown Across the Luxury Sector: Report
Robb Report via Yahoo Singapore Finance· 3 days agoShares of LVMH, meanwhile, are down 7 percent year-to-date, and they’ve fallen 21 percent since...
Gucci-owner Kering alerts on profits as earnings tumble
AFP News via Yahoo Singapore Finance· 3 days agoLuxury group Kering said Wednesday that its half-year net profit fell by half and warned operating...
Gucci-owner Kering forecasts 30% fall in H2 operating profit on sluggish China demand
Reuters via Yahoo Singapore Finance· 3 days agoPARIS (Reuters) -Kering reported a bigger-than-expected drop in second-quarter sales and forecast a...
Gucci-owner Kering forecasts 30% fall in H2 operating profit on sluggish China demand
Reuters via Yahoo Singapore Finance· 3 days agoPARIS (Reuters) -Kering reported a bigger-than-expected drop in second-quarter sales and forecast a...
Prada and Dior counterfeits are soaring in popularity because Gen Z is trying to ‘achieve a sense of...
Fortune via Yahoo Singapore Finance· 3 days agoLet them wear handbags France, the final resting place of Marie Antoinette, is also home to some of...
LVMH’s wine, champagne and handbags still can’t win back budget-tight Chinese consumers rationing...
Fortune via Yahoo Singapore Finance· 3 days ago“Continued economic and geopolitical uncertainties are still impacting certain businesses, notably...
European shares end lower as earnings whirlwind disappoints
Reuters via Yahoo Singapore Finance· 3 days agoEuropean shares closed lower on Wednesday, dampened by luxury stocks after dour results from LVMH...
LVMH shares drop after missing second-quarter estimates
Reuters via Yahoo Singapore Finance· 3 days agoPARIS (Reuters) -Shares in LVMH fell as much as 6.5% in early Wednesday trade and were on track for...