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Kering SA

Chinese shoppers flock to Japan to take advantage of the weak yen

by Franz Hernandez
Chinese shoppers flock to Japan to take advantage of the weak yen

Chuo Ward, Tokyo, Japan – February 23, 2018; Top luxury shopping streets with multi colored neon signs. Ginza avenues are lined with shops of expensive brands and restaurants in the …

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Richemont shares climb 6% on record full-year sales, new CEO

by Ron Morgan
Richemont shares climb 6% on record full-year sales, new CEO

Shoppers line up to enter a Cartier store on Canton Road in the Tsim Sha Tsui area of Hong Kong. Billy H.C. Kwok | Bloomberg | Getty Images Shares of …

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How ‘quiet luxury’ is subtly taking over investor portfolios

by Walter Watson
How ‘quiet luxury’ is subtly taking over investor portfolios

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 …

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UBS reveals 3 luxury stocks to buy for 2024

by Walter Watson
UBS reveals 3 luxury stocks to buy for 2024

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 …

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These luxury stocks won’t lose their luster even as sales growth slows

by Walter Watson
These luxury stocks won’t lose their luster even as sales growth slows

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 …

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European markets live updates: stocks, data, earnings, inflation

by Walter Watson
European markets live updates: stocks, data, earnings, inflation

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 …

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Bank of America just upgraded these 3 luxury names in Europe

by Walter Watson
Bank of America just upgraded these 3 luxury names in Europe

Bank of America upgraded three luxury stocks that are bucking the negative trends afflicting the broader sector in Europe. The MSCI Europe luxury index has fallen 16% from its most …

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