LVMH shows the luxury sector is in pain
By Bloomberg Published Jul 24, 2024 We’re all drinking less champagne as the world becomes a scarier place. That was the message from LVMH Moet Hennessy Louis Vuitton SE. It underlines …
By Bloomberg Published Jul 24, 2024 We’re all drinking less champagne as the world becomes a scarier place. That was the message from LVMH Moet Hennessy Louis Vuitton SE. It underlines …
By Bloomberg Published May 22, 2024 Luxury stocks took a hit in Europe Wednesday after Chanel warned that the industry is “entering a more challenging environment” and analysts said they …
By Bloomberg Published May 21, 2024 Prada SpA isn’t shopping for major acquisitions right now, Chief Executive Officer Andrea Guerra said, as the Italian fashion house wants to stay focused …
By Bloomberg Published May 16, 2024 A potential initial public offering from online fashion retailer Shein in London would claw back a chunk of the combined blow the market suffered …
By Bloomberg Published May 7, 2024 Prada is prepared to evaluate acquisitions as candidates arise in the luxury sector, according to Lorenzo Bertelli, heir to the Italian billionaire family. See …
By Bloomberg Published May 4, 2024 Banks including Barclays Plc and UniCredit SpA are lining up €500 million ($538 million) in debt financing to back L Catterton’s purchase of a …
By Bloomberg Published Apr 30, 2024 LVMH Moet Hennessy Louis Vuitton SE isn’t exploring options for its Marc Jacobs fashion brand amid interest from potential buyers. People with knowledge of …
By Bloomberg Published Apr 30, 2024 LVMH Moet Hennessy Louis Vuitton SE is exploring options for its Marc Jacobs fashion brand amid interest from potential buyers, people with knowledge of …
By Bloomberg Published Apr 25, 2024 Over four days of celebrations to mark its centenary in 2014, Spain’s biggest beauty products company inaugurated a new headquarters in Barcelona attended by the Iberian nation’s then Prince …
By Bloomberg Published Apr 25, 2024 Hermes saw Chinese buyers snap up its luxury products as the Kelly bag maker showed its resilience amid a broader slowdown in demand for …