Welcome!
LVMH Moet Hennessy Louis Vuitton SE
Luxury
Flipping bags and blings for big bucks
While handbags have long been a staple in a woman’s wardrobe, they now seem to be making their way into another essential: her investment portfolio.
October 23, 2024
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
Global Markets
Gloom for retailers as Chinese tourists spend less on shopping
SHANGHAI (July 11): They’re still coming in droves -- but no longer buying in spades.
July 11, 2017