Shares slumped on industry bellwether LVMH failing to meet the bar set by rivals in recent weeks, denting hopes of a recovery ...
Demand for high-end brands is improving but not as quickly as hoped. European luxury shares fell Wednesday in reaction to a ...
Hedge funds have turned optimistic about European companies that sell things people want but don't necessarily need, ...
Burberry shares soared 15% in opening trade following the update. Luxury bellwether LVMH rose 3%, while French peers Kering and Hermes climbed 9.5% and 2.4%, respectively. Italian high-end brands ...
European shares are trading near their largest discount on record to the S&P 500 index, at a forward price-to-earnings ratio ...
The watchmaker faces challenges due to its strong dependence on China, where luxury spending has taken a significant hit.
London-based luxury goods shipper Ferrari Group Plc may announce plans for an initial public offering as early as this week, ...
US President Donald Trump delivered tariff threats to China, and the European Union, while pressurising Russia with more ...
LVMH has outperformed the market over the past 15 years but has seen a 40% stock price decline recently, leading to a "Hold" ...
(RTTNews) - European stocks closed on a mixed note on Friday ... Coca-Cola HBC and Fresnillo closed up 1 to 2%. British luxury brand Burberry soared nearly 10% after reporting a smaller-than ...