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Italian fashion house Valentino's operating profit dropped 22% last year, the company said on Friday, as the luxury sector ...
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Interaksyon on MSNLuxury labels bulk up on lower-priced goods to appeal to middle-class shoppersUS spending on luxury brands down 6% on year Luxury demand “fragile” after US election Moves could erode profit margins PARIS ...
Alarm bells are ringing across the high-end sector. 2024 did not end as luxury brands had hoped, and the figures published by ...
Shortsellers targeted a wider range of equity sectors in March before U.S. President Donald Trump's April 2 "Liberation Day" ...
Europe’s wealthiest individual, Bernard Arnault, is head of luxury goods empire LVMH — and has a lot to lose from a spiraling ...
LVMH shares fell sharply on Tuesday after the luxury giant reported weaker-than-expected first-quarter revenue, raising ...
LVMH stock tumbles 8% as Q1 sales fall short, dragging luxury peers lower amid geopolitical tensions and economic concerns.
We now expect 2025 to be another depressed year for the brand.
LVMH's first-quarter revenue undershot expectations, as shoppers in the United States pulled back on beauty products and ...
Kering’s pricing power is strong, resulting in gross margins at the higher end of the peer range (mid-70% reported and in the 80% range, channel-adjusted). Absolute pricing of Gucci’s handbags is in ...
Prada S.p.A. acquires Versace for $1.37B from Capri Holdings Limited, aiming to revive the undervalued brand. Click for who ...
The Qatar Investment Authority said on Thursday it had no intention to buy Kering's prestigious building on via ...
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