John Paulson Seeks Sanctions on Ex-Business Partner, Lawyers Over Fraud Suit
John Paulson asked a judge to sanction his former Puerto Rico business partner and his lawyers for filing
2023-11-08 01:48
Estée Lauder Lowers Outlook on China Weakness, Israel-Hamas War Risk
Estée Lauder Cos. lowered its full-year outlook citing continued weakness in Asia travel retail and in mainland China,
2023-11-01 19:54
Prada Sales Slow Despite Strong Miu Miu Label Performance
Prada SpA’s sales slowed as the Italian fashion company experiences a cutback in luxury demand that other competitors
2023-11-01 10:59
Hyundai’s Profit Beats Estimates on Luxury Car and EV Growth
Hyundai Motor Co. reported third-quarter earnings that beat analyst forecasts thanks to strong sales of luxury models and
2023-10-26 14:23
Gucci Sales Fall as Kering Lags Peers Facing Luxury Slowdown
Gucci sales fell as Kering SA’s biggest brand grappled with the twin challenges of a luxury goods slowdown
2023-10-25 15:47
Hermes Sales Climb as US, Europe Shoppers Splurge on Birkin Bags
Hermes sales jumped as wealthy shoppers in the US and Europe splurged on the French company’s pricey Birkin
2023-10-24 14:48
UK Retail Sales Fall More Than Expected in Spell of Warm Weather
UK retail sales tumbled more than expected as unusually warm weather deterred shoppers from spending on clothes for
2023-10-20 14:58
L’Oreal Sales in North Asia Hit by Slump in Travel Retail
L’Oreal SA sales in the region that includes China unexpectedly fell in the third quarter as the cosmetics
2023-10-20 01:50
Wealthy Indian Diaspora Wooed by DLF For Luxury Apartment Sales
A top Indian developer is enticing Indians living abroad to buy luxury apartments as a way of investing
2023-10-16 17:59
End of Corporate America’s Profit Recession Comes With Concerns
Investors are growing more confident that a year-long slump in profits for Corporate America is about to end.
2023-10-14 22:53
Chinese Opt for Trendy McDonald’s Over Hermes in Blow to Hong Kong Tourism
Mainland Chinese visitors to Hong Kong used to flaunt Hermes handbags in shopping malls for social media photos.
2023-10-13 07:49
LVMH Sales Growth Slows as Global Luxury Demand Cools
LVMH shares fell after the world’s largest luxury group reported softer sales growth in the third quarter —
2023-10-11 15:58