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February 9, 2024
Affirm hikes forecast amid consumer spending spree, luxury brands enjoy China boost, New York Community Bancorp seeks to calm investors’ nerves, and other...
December 30, 2023
Demand for French brand’s products is booming thanks in part to an unusual strategy, as rivals struggle
October 11, 2023
The luxury behemoth gave limited outlook on China but revealed low single-digit growth in the U.S. and more significant headwinds in Europe.
September 5, 2023
China's services sector expanded at its slowest pace in eight months. The implications for companies exposed to Chinese consumers aren't good.
August 31, 2023
The world's second biggest economy is in a slowdown. High-end retailers were counting on the wealthy opening their wallets. Now what?
August 10, 2023
The merger would leave the combined company better placed to compete with the likes of LVMH Moët Hennessy Louis Vuitton and Gucci parent Kering.
August 10, 2023
Tapestry’s mega deal attempts to imitate European luxury art of scale
July 18, 2023
Billionaire owner of luxury conglomerate says two executives will take over as his deputy CEOs as part of restructuring
July 14, 2023
Creative Artists Agency could soon have a major billionaire backer, with Bloomberg News reporting Friday that Francois-Henri Pinault was in advanced talks...
May 24, 2023
Apple strikes a 5G component deal with Broadcom, luxury brand stocks are under pressure, and other news to start your day.