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BLOOMBERG The Pulse June 22, 2024 - Vimarsana News

BLOOMBERG The Pulse June 22, 2024

Minutes, we are joined by hsbc advisor stephen king. Francine first, chinas yuan has triggered the biggest twobase hit law since 1998, fueling concerns that market volatility will slow growth. Manus the peoples bank of china lover the reference right today, just one day after cutting it by a record 1. 9 . Lets find out how the markets are reacting. Dollaryuan. D you im going to show you the flipside today, yuandollar. Effect,u get the down which is more important. The yuan sinking for a second day. The twoday drop, 3. 61 . That is the biggest twothey drop since 1994. Ripple effects are being f...

'American LVMH' Dream Dims Due to FTC Lawsuit - Vimarsana News

'American LVMH' Dream Dims Due to FTC Lawsuit

The idea of an 'American LVMH' is called into question by the FTC lawsuit to nix the Tapestry-Capri merger, which complicates dealmaking.

Source: wwd.com
Gucci Doubles Store Size at South Coast Plaza, Readies Grove Boutique - Vimarsana News

Gucci Doubles Store Size at South Coast Plaza, Readies Grove Boutique

Gucci investing more in Southern California retail after debut of exclusive by-appointment-only Salon where the minimum price tag is $43,000.

Source: wwd.com
Prada Group continues strong growth with double-digit sales jump in Q1 - Vimarsana News

Prada Group continues strong growth with double-digit sales jump in Q1

Italian luxury giant Prada Group has reported a revenue growth of 16 per cent for the quarter ended March 31, generating US$1.18 billion. 

Kering Group's revenue slumps as demand stalls in Asia - Vimarsana News

Kering Group's revenue slumps as demand stalls in Asia

French luxury fashion group Kering has anticipated a decline of up to 45 per cent in operating income for the first half of this year.