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
How Birkenstock’s Lackluster Debut Mistimed the Shaky IPO Market
Birkenstock Holding Plc, the 249-year-old footwear brand, stumbled onto Wall Street last week in a debut that could
2023-10-16 13:52
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
World’s Biggest Sovereign Fund Buoys Recovery in US IPOs
Norway’s oil and gas is helping to fuel the nascent recovery in US initial public offerings. Norges Bank
2023-10-05 15:22
Birkenstock Draws Norwegian Wealth Fund to $1.6 Billion IPO
Birkenstock Holding Ltd. and its private equity owner are seeking as much as $1.6 billion from an initial
2023-10-02 22:51
Arnault’s Lawyer Says Money Laundering Allegations Are Unfounded
Allegations of possible money laundering by Bernard Arnault are “as absurd as they are unfounded,” the French billionaire’s
2023-10-01 01:51
European Stock Futures Drop as Hawkish Fed Hits Risk Sentiment
European stock futures traded lower on Thursday morning after the US Federal Reserve signaled interest rates will stay
2023-09-21 15:29
Pinault’s Hollywood Deal Caps Buying Spree Worth Billions
Francois-Henri Pinault, scion of the billionaire French clan that controls a global fashion empire, leapt into a Hollywood
2023-09-09 14:51
Asia Stocks Under Pressure, Dollar Strengthens: Markets Wrap
Asian equity futures drifted lower as US stocks fell following economic data that exceeded forecasts, bolstering the case
2023-09-07 07:20
Novo’s Obesity Drug Arrives in UK – at a Fraction of US Prices
People struggling to lose weight in the UK are finally able to get their hands on the weight-loss
2023-09-05 01:28
Sputtering Europe and Jittery China Add Bull Case for US Stocks
Europe’s stagflation crisis and a property downturn in China are flashing a familiar message: for equity investors, there
2023-09-02 16:25