Balint Porneczi/Bloomberg | Getty Images LONDON — L’Oreal shares fell more than 7% Friday, before slightly paring losses, as the company reported lower-than-expected sales and pointed to a slowdown in …
VIENNA, AUSTRIA – NOVEMBER 25, 2022: Karin Teigl is seen wearing Hermès yellow leather mini Kelly, Baum & Pferdgarten green leather jacket, Lumina beige cropped turtleneck sweater and vintage checked …
Investors looking ahead to 2024 should pick up shares of Hermes , Cartier owner Richemont and Hugo Boss in the luxury goods sector, according to UBS. The Swiss investment bank …
The binge on designer brands is over. After three years of record growth, luxury companies are feeling the pain as sales slow to a more normal pace. On Friday, an …
European stocks closed lower on Friday, with earnings and the state of the global economy keeping sentiment on edge. The benchmark Stoxx 600 provisionally ended down 0.8%, with most sectors …
European stock markets were mixed Wednesday after clocking their best one-day performance in nearly a year. The Stoxx 600 was index was 0.1% higher at 11:00 a.m. London time, as …
Analysts at British bank HSBC have named the “most and least vulnerable stocks” in the European market, which is currently weighed down by a spike in corporate lending rates. “Across …