Why Luxury's Loss Could Be Big Tech's Gain
A broader cooling in luxury sales could disappoint investors who grew accustomed to the sector's supercharged growth during the pandemic.
Source: marketwatch.com
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LVMH Sales Miss Forecasts Amid Luxury Industry Slowdown -- Update
By Mauro Orru LVMH Moet Hennessy Louis Vuitton posted sales below analysts' expectations for the third quarter as the luxury-goods industry grapples with...
Source: marketwatch.com
LVMH Stock Dives. The Economic Slowdown Isn't Just a China Problem.
The luxury behemoth gave limited outlook on China but revealed low single-digit growth in the U.S. and more significant headwinds in Europe.
Source: marketwatch.com
Consumer Cos Flat Ahead of Data -- Consumer Roundup
Consumer companies were flat as traders hedged their bets ahead of inflation data Thursday. Shoemaker Birkenstock fell on its stock-market debut, another...
Source: marketwatch.com
Sales Slow at Louis Vuitton's Owner as China Sputters
Luxury-goods retailer struggled to lure Chinese consumers back to its stores
Source: wsj.com