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Kering's Half-Year Results Are Bleak
Fashionista via Yahoo Singapore Finance· 4 days agoWe make certain that every one of these investments creates value for the long term. While the current context might impact the pace of our execution,...
Bernard Arnault’s Fortune Plummeted by $20 Billion This Year
Robb Report via Yahoo Singapore Finance· 2 days agoLVMH’s rival, Kering, founded by François Pinault, has also been struggling. Earlier this week, the...
LVMH’s wine, champagne and handbags still can’t win back budget-tight Chinese consumers rationing...
Fortune via Yahoo Singapore Finance· 5 days ago“Continued economic and geopolitical uncertainties are still impacting certain businesses, notably...
The world’s biggest luxury brands are hurting as Chinese shoppers rein in spending
CNN Business via Yahoo Singapore Finance· 3 days agoThe value of some of the world’s best-known luxury companies is plunging as Chinese consumers pull...
LVMH sales miss estimates as Chinese market slows
Reuters via Yahoo Singapore Finance· 6 days agoPARIS (Reuters) -LVMH sales growth slowed in the second quarter as Chinese shoppers reined in spending on high-end fashion at home, even as demand in...
Luxury brands suffer as Chinese shoppers hold back
BBC via Yahoo Singapore Finance· 5 days agoOther major luxury goods industry players, including Hermes and Gucci-owner Kering, are due to report their latest financial results this week. Recent...
Prada and Dior counterfeits are soaring in popularity because Gen Z is trying to ‘achieve a sense of...
Fortune via Yahoo Singapore Finance· 5 days agoLet them wear handbags France, the final resting place of Marie Antoinette, is also home to some of...
Morning Bid: Growth angst or air pocket? Stocks nurse losses
Reuters via Yahoo Singapore Finance· 4 days agoThe worst day for the S&P500 since 2022 and mounting central bank easing bets suggest markets'...
20 Best Things to Do in Milan, According to Locals
Travel+Leisure via Yahoo Style Singapore· 4 days agoFrom admiring one of the world’s first shopping malls to sipping a negroni sbagliato at the bar where it was invented, these are the best things to do in...
Morning Bid: Stock rout spreads beyond tech
Reuters via Yahoo Singapore Finance· 4 days agoThe global equity sell-off looks set to extend into Europe on Thursday although the region may be spared the carnage in parts of Asia, where Japan's...