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LVMH Moet Hennessy Louis Vuitton SE

EU wealth tax and end of U.S. capitalism: Saxo’s outrageous predictions

by Walter Watson
EU wealth tax and end of U.S. capitalism: Saxo’s outrageous predictions

The Wall Street bronze Bull looks out to an empty Broadway in Lower Manhattan, New York, on Aug. 28, 2011, as Hurricane Irene hits the city and tri-state area with …

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Retailers use deals and events to drive sales

by Anas Siddiqui
Retailers use deals and events to drive sales

Target hosted a free “Winter Wonderland” event in New York City to show off the holiday season’s hottest toys. It’s an example of the extra effort that retailers are putting …

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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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LVMH buys eyewear brand Barton Perreira

by Anas Siddiqui
LVMH buys eyewear brand Barton Perreira

Barton Perreira sunglasses are displayed during ‘A Good Time At Goodman’s’ held at Goodman’s Men’s Store in New York City. Astrid Stawiarz | Getty Images LVMH is buying luxury eyewear …

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European markets open to close: earnings, yields, U.S. GDP

by Walter Watson
European markets open to close: earnings, yields, U.S. GDP

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 …

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LVMH falls to 2023 low as growth slows, pulling luxury sector lower

by Walter Watson
LVMH falls to 2023 low as growth slows, pulling luxury sector lower

A LVMH Moet Hennessy Louis Vuitton SE store in Shanghai, China on Wednesday, June 14, 2023. Bloomberg | Bloomberg | Getty Images Shares of LVMH dropped to their lowest level …

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LVMH boss Bernard Arnault under investigation in Paris over Oligarch transactions

by Walter Watson
LVMH boss Bernard Arnault under investigation in Paris over Oligarch transactions

Bernard Arnault, Chairman and CEO of LVMH Moet Hennessy Louis Vuitton, attends a news conference to present the 2022 annual results of LVMH in Paris, France, January 26, 2023. Gonzalo …

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Kevin Hart tequila brand Gran Coramino sponsors Philadelphia Eagles

by Anas Siddiqui
Kevin Hart tequila brand Gran Coramino sponsors Philadelphia Eagles

When the Philadelphia Eagles kick off their home opener on Thursday Night Football, the National Football League team will also start a new sponsorship deal with Gran Coramino, the luxury …

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Ozempic-maker Novo Nordisk briefly becomes Europe’s most valuable firm

by Ron Morgan
Ozempic-maker Novo Nordisk briefly becomes Europe’s most valuable firm

Denmark’s Novo Nordisk on Friday briefly overtook French luxury goods behemoth LVMH to become Europe’s most valuable company as investors bet on the potential of its weight loss drugs. Novo …

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