Luxury Stocks Are Going Out of Fashion. It's the China Syndrome.
The world's second biggest economy is in a slowdown. High-end retailers were counting on the wealthy opening their wallets. Now what?
Source: marketwatch.com
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Coach and Michael Kors Tie-Up Shows Limits of Accessible Luxury
Affordable luxury has been a slow-growth category, and its prospects don’t look great either
Source: wsj.com
Rolex to Buy Watch Retailer Bucherer
Swiss watchmaker will expand retail operation with the deal
Dow Jones Company Inc All Rights Motor Vehicle Parts Watches Clocks Parts Retail Wholesale Specialty Retailing
Source: wsj.com
Capri Stock Soars as Tapestry Nears Deal to Buy Versace Owner
The merger would leave the combined company better placed to compete with the likes of LVMH Moët Hennessy Louis Vuitton and Gucci parent Kering.
Source: marketwatch.com
America's New Fashion Powerhouse Is Still Dwarfed by Europe's Luxury Giants
Tapestry’s $8.5 billion acquisition of Capri would create a U.S. conglomerate without the high-wattage labels and diversity that have fueled LVMH’s success
Source: wsj.com
LVMH Shares Fall on 1H Performance, Drag Luxury Sector With Them
By David Sachs Shares in LVMH fell Wednesday after the French luxury goods company reported slower growth a day prior. At 0719 GMT, shares in LVMH were down...
David Sachs Brunello Cucinelli Salvatore Ferragamo Hermes International Article Normal Consumer Goods
Source: marketwatch.com
LVMH Commits to Consuming 30% Less Water by 2030
By David Sachs LVMH Moet Hennessy Louis Vuitton said Monday that it has committed to reduce its water consumption by 30% by 2030. The French luxury goods...
Moet Hennessy Louis Vuitton David Sachs Hennessy Louis Vuitton Article Normal Consumer Goods Luxury Goods
Source: marketwatch.com
Consumers Are Showing Signs of Stress. Here Are the Opportunities.
On the one hand, there is a lot working in the consumer’s favor these days...of course on the other hand, a lot isn’t.
Justin Sullivan Getty Getty Images Article Normal Industrial Electronics Industrial Goods Corporate Industrial News
Source: marketwatch.com
Elon Musk Net Worth: Tesla Stock Propels Him to World's Richest Person
According to Barrons math and other wealth aggregators, Teslas Elon Musk is the richest human again, by a nose.
Elon Musk Motor Vehicles Alternative Fuel Vehicles Aerospace Products Parts Scientific Research Services Healthcare Life Sciences
Source: barrons.com
Elon Musk's Net Worth Surges Thanks to Tesla. He's the Richest Person Again.
According to Barrons math and other wealth aggregators, Teslas Elon Musk is the richest human again, by a nose.
Elon Musk Motor Vehicles Alternative Fuel Vehicles Aerospace Products Parts Scientific Research Services Healthcare Life Sciences
Source: barrons.com