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Kering SA
Luxury
Arnault’s US$37 bil wealth loss comes as luxury dims in China
China’s consumer slowdown hits high-end conglomerate LVMH; its rivals Brunello, Hermes, Kering have yet to report sales.
October 17, 2024
Markets
European luxury shares’ US$240 bil rout is just the beginning
Europe’s luxury firms may see their stock-market clout wane further as China’s downturn worsens.
September 09, 2024