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By Elisa Anzolin MILAN (Reuters) - Sales of personal luxury goods are set to fall 2% this year, making it one of the weakest on record, with price hikes and economic uncertainty shrinking the...
MILAN (Reuters) -Revenues at Italian luxury outerwear maker Moncler fell 3% at constant exchange rates in the third quarter, slightly more than analysts had anticipated, with weakness spread across...
PARIS (Reuters) -Shares in Gucci-owner Kering (EPA:PRTP) rose on Thursday, shrugging off the French luxury goods company's warning that 2024 operating income would almost halve to its lowest in...
By Mimosa Spencer PARIS (Reuters) -Kering warned on Wednesday its 2024 operating income would almost halve to its lowest in years as weak demand in China deepened the struggles of the French luxury...
Investing.com - European stock markets ended mixed Friday, helped by gains in the luxury sector as investors digested the latest ECB interest rate cut as well as growth data from China, the world’s...
By Paolo Laudani, Ankika Biswas and Johann M Cherian (Reuters) -Europe's STOXX 600 ended higher on Friday, as tech stocks made a strong comeback at the end of a bumpy week, while the European Central...
Investing.com - European luxury stocks surged Friday, rebounding after sharp losses earlier this week as investors begin to gain confidence that more stimulus will boost the Chinese economy, a major...
PARIS (Reuters) -Shares in LVMH were on course for their biggest one-day drop in a year on Wednesday after the luxury bellwether missed third-quarter sales forecasts, dragging down the broader sector...
By Samuel Indyk and Medha Singh LONDON (Reuters) -Analysts have downgraded estimates for European corporate earnings at the fastest pace in seven months this week, setting a lower bar for beats,...
Investing.com -- Shares in luxury giant LVMH (EPA:LVMH) slumped on Wednesday after the Louis Vuitton owner posted a surprise drop in third-quarter sales and flagged an "uncertain" trading...
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