LVMH’s Billionaire CEO Visits a Mall in High-Profile Trip to China
LVMH Chief Executive Officer Bernard Arnault kicked off his tour of China with a visit to a high-end
2023-06-28 15:28
Louis Vuitton Owner Emerges as ESG Magnet With $17 Billion Stake
The world’s biggest producer of luxury goods has emerged as a favorite among fund managers marketing themselves as
2023-06-28 12:18
China’s Xi Reassures Foreign Investors Amid Worries About Policy
Chinese leader Xi Jinping pledged that his nation would do right by foreign investors, underscoring his government’s attempts
2023-06-28 09:46
Hong Kong’s Biggest Mall Amps Up Luxury Appeal to Compete for Shoppers
The long lines of customers outside Chanel and Louis Vuitton stores on Hong Kong’s Canton Road are finally
2023-06-20 06:23
Elon Musk Says He Has Improved ‘Corrosive’ Twitter for Most Users
Elon Musk, speaking at a conference in Paris, said that he bought Twitter Inc. because the social network
2023-06-17 01:47
The Big China Play That Fueled Luxury Stocks Is Now Fizzling Out
A Big Tech-like rush into luxury stocks is fast falling out of favor. China got the credit for
2023-06-04 15:55
Beverly Hills Voters Choose Lifestyle Over Luxury in Rejecting LVMH Hotel
Rodeo Drive’s storefront windows display the world’s most expensive labels: Gucci handbags, Prada slingback pumps, Chanel perfumes. It
2023-06-03 07:15
LVMH Won’t Proceed With Beverly Hills Hotel as Vote Falls Short
Bernard Arnault, the world’s richest man, will scrap a plan to build a luxury hotel in Beverly Hills
2023-05-27 11:50
LVMH, Kering Slide as China Worries Spur $56 Billion Luxury Rout
European luxury stocks including LVMH and Gucci owner Kering SA fell as a wave of Covid infections in
2023-05-24 17:28
Biodiversity Credits Rejected by ESG Body in New Guidelines
For global companies newly concerned about their impact on plants and animals, an influential standards-setting body has barred
2023-05-24 12:21
World’s Richest Man Loses $11 Billion After LVMH Stock Rout
Bernard Arnault, the world’s richest person, had $11.2 billion wiped from his fortune in one day over concerns
2023-05-24 04:54
Online Luxury Retailer Farfetch Surges as Consumers Keep Splurging
Farfetch Ltd shares jumped as much as 23% in after-hours trading following financial results that beat Wall Street’s
2023-05-19 05:56