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By Mimosa Spencer PARIS (Reuters) - Confronting a broad decline in demand for their usual fare, including $3,000-and-up handbags and $4,000-and-up cashmere jackets, major marketers of designer and...
Investing.com -- In its '2025 Global Consumer Outlook' report released Monday, RBC Capital Markets outlines significant challenges and opportunities shaping global consumer markets. Drawing from...
By Casey Hall SHANGHAI (Reuters) - China's second-hand and grey markets for luxury goods are booming, as price hikes from luxury brands in a weak economy are prompting some shoppers to look for...
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...
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...
Investing.com -- HSBC on Wednesday trimmed its rating on Estee Lauder (NYSE:EL) stock to Hold from Buy and adjusted the price target to $100 from $130, citing concerns about the company’s ability to...
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...
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...
Investing.com -- US stock futures hovered around both sides of the flatline on Wednesday after a disappointing earnings report from European chipmaker ASML (AS:ASML) dragged down other semiconductor...
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