News

We’re very attached to our production where it is,” executive chair Axel Dumas previously said of Hermès's manufacturing.
Shortsellers targeted a wider range of equity sectors in March before U.S. President Donald Trump's April 2 "Liberation Day" ...
Europe’s wealthiest individual, Bernard Arnault, is head of luxury goods empire LVMH — and has a lot to lose from a spiraling ...
LVMH lost its position on Tuesday as Europe's largest luxury company in terms of market capitalization after being overtaken by rival Hermes due to investor pessimism after disappointing first-quarter ...
LVMH stock tumbles 8% as Q1 sales fall short, dragging luxury peers lower amid geopolitical tensions and economic concerns.
We now expect 2025 to be another depressed year for the brand.
Kering’s pricing power is strong, resulting in gross margins at the higher end of the peer range (mid-70% reported and in the 80% range, channel-adjusted). Absolute pricing of Gucci’s handbags is in ...
Prada said Thursday that it had reached a deal to buy Versace for 1.25 billion euros ($1.38 billion), building a new Italian fashion powerhouse and hoping to insert much-needed "spark" ...
The purchase, the largest in Prada’s 112-year history, returns Versace to Italian ownership and could put the company in a ...
The s&p Global Luxury index has dropped by more than 20% over the past year, but Hermès shares have lost just 4%. What can other luxury groups learn? First lesson: control supply chains. Hermès runs ...
Fellow Louis Vuitton ambassador Alana Haim will make a red carpet appearance for Kelly Reichardt’s “The Mastermind,” ...
The Qatar Investment Authority said on Thursday it had no intention to buy Kering's prestigious building on via ...