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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...
January 22, 2024
By Mauro Orru The owner of Gucci and Yves Saint Laurent is acquiring property comprising multi-level luxury retail spaces in New York City's Fifth Avenue for...
December 30, 2023
Demand for French brand’s products is booming thanks in part to an unusual strategy, as rivals struggle
October 23, 2023
By Mauro Orru Kering is scheduled to report revenue for the third quarter on Tuesday. Here is what you need to know: REVENUE FORECAST: The owner of Gucci and...
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