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LVMH Moet Hennessy Louis Vuitton SE

Beyoncé launches whiskey line with LVMH’s Moët Hennessy

by Anas Siddiqui
Beyoncé launches whiskey line with LVMH’s Moët Hennessy

Moët Hennessy SirDavis American Whisky. Courtesy: Moët Hennessy Beyoncé is holding her whiskey up high. The megastar is entering the luxury liquor business with the launch of a new whiskey …

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Beyoncé launches whiskey line with LVMH’s Moët Hennessy

by Walter Watson
Beyoncé launches whiskey line with LVMH’s Moët Hennessy

Beyoncé at the 2024 iHeartRadio Music Awards held at the Dolby Theatre on April 1, 2024 in Los Angeles, California.  Michael Buckner | Billboard | Getty Images Beyoncé is holding …

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LVMH CEO Bernard Arnault’s family office invests in AI startups

by Anas Siddiqui
LVMH CEO Bernard Arnault’s family office invests in AI startups

World’s top luxury group LVMH head Bernard Arnault presents the group’s annual results 2022 in Paris on January 26, 2023. Stefano Rellandini | AFP | Getty Images A version of …

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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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French stocks face worse to come from political risk, Goldman says

by Walter Watson
French stocks face worse to come from political risk, Goldman says

French stocks are likely to take a further beating from political risk in the weeks and months ahead, but the impact will be focused in certain areas, according to strategists …

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Alibaba bets on AI to fuel cloud growth as it expands globally

by Walter Watson
Alibaba bets on AI to fuel cloud growth as it expands globally

Alibaba Offices In Beijing Bloomberg | Bloomberg | Getty Images Alibaba on Thursday said it expanded its global cloud computing availability, while the head of the unit’s international arm touted …

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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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Barclays reveals its top 3 stocks to play the sector right now

by Walter Watson
Barclays reveals its top 3 stocks to play the sector right now

Consumers, particularly those in China, have been tightening their purse strings and cutting their spending on luxury goods in light of macroeconomic uncertainties. But Barclays notes that several companies in …

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Wegovy maker Novo Nordisk down 4%, heads for worst day since October

by Walter Watson
Wegovy maker Novo Nordisk down 4%, heads for worst day since October

Shares of Danish pharmaceutical giant Novo Nordisk slid 4% on Friday, extending a 2.7% loss on Thursday as analysts pored over the details of the firm’s first-quarter results and monitored a potential rival …

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Infusive Asset Management’s Jack Dwyer on consumer stocks

by Walter Watson
Infusive Asset Management’s Jack Dwyer on consumer stocks

When trying to assess the growth prospects of companies, portfolio manager Jack Dwyer says the consumer is king. CNBC’s Will Koulouris will ask the CEO of Infusive Asset Management how …

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