Kering

Only 13% of 700 APAC listcos have disclosed alignment with TNFD framework: Kering, NUS study - THE EDGE SINGAPORE

Environmental, Social and Governance

Only 13% of 700 APAC listcos have disclosed alignment with TNFD framework: Kering, NUS study

The French luxury group announced in May 2024 a three-year research collaboration with the Centre for Governance and Sustainability at the National University of Singapore Business School.

Global Economy

LVMH, Kering, Hermes and luxury consolidation

There is plenty of pent-up demand for luxury goods in China, Asia, the US, and Europe as consumers benefit from interest rate cuts

Luxury

Bulgari CEO eyes India for growth as China luxury demand weakens

Global luxury giants from LVMH Moet Hennessy Louis Vuitton to Kering saw their sales in China slump in the first nine months of this year as the economy struggled to recover from a housing crisis.
Will China’s bazooka save the luxe sector? - THE EDGE SINGAPORE

Luxury

Will China’s bazooka save the luxe sector?

Luxury has often been viewed as inelastic but with rising interest rates and geopolitical tensions will the rich continue to buy? Much depends on China's property sector

Environmental, Social and Governance

Kering, NUS CGS partner to develop nature, climate transition studies over three years

The first of three planned studies analysed nature-related strategies from 700 listed companies across 11 industries.
Luxury's golden age makes France the new stock market winner - THE EDGE SINGAPORE

Global Markets

Luxury's golden age makes France the new stock market winner

Beyond luxury stocks, industrial companies Schneider Electric and Air Liquide SA have been big contributors to the surge
Fresh Off The Block: Bitcoin slips below US$35,000, down 50% from all-time high and more - THE EDGE SINGAPORE

Cryptocurrency

Fresh Off The Block: Bitcoin slips below US$35,000, down 50% from all-time high and more

Binance is now a fully-regulated digital asset service provider in France while Gucci will be accepting crypto payments.

What Chinese consumers want: HSBC

SINGAPORE (Sept 8): Chinese consumers, who account for about 40% of luxury sales globally, seem to have reduced their expenditure on luxury goods as of late.
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