Europe's STOXX 600 ends week higher as tech stocks reboundEurope's STOXX 600 closed higher on Friday, boosted by tech stocks and an ECB rate cut. The tech sector rose 2%, despite earlier losses aft...
18 Oct, 2024, 10.16 PM IST
Europe’s China-reliant sectors surge as stimulus fuels optimismEuropean stocks surged on Tuesday after Beijing unveiled stimulus measures to revive China's economy. Gains were seen in sectors like minin...
24 Sep, 2024, 05.47 PM IST
Gucci’s China shock reverberates across the luxury landscapeFears of a slowdown in luxury spending among Chinese consumers have been growing for some time, and recent events have underscored this con...
25 Mar, 2024, 06.40 AM IST
Global Stock Managers on Guard as China Pain Set to SpreadThe mounting worries have sent equity benchmarks in Hong Kong and China to their lowest levels since November, with the Hang Seng Index ent...
19 Aug, 2023, 03.13 PM IST
Five Indian brands in top 100 global powers of luxury goods listFour other homegrown brands, Kalyan Jewellers, Joyalukkas, PC Jewellers, and Tribhovandas Bhimji Zaveri Ltd, have been ranked 37th, 46th, 5...
14 Dec, 2021, 05.51 PM IST
Giorgio Armani may consider partnering with another Italian firmArmani said the Covid-19 emergency had "made us open our eyes a bit."
08 Apr, 2021, 06.25 PM IST
Wealthy shoppers buy less, but better: Hermes becomes the most-preferred, chic choice for luxury purchasesConsumers want tried and tested styles like a Hermes Birkin bag or a Moncler puffer jacket.
28 Oct, 2020, 02.00 PM IST
Luxury stocks hammered as Chinese trade fears hit EuropeUK's FTSE 100 lagged its European peers with a 2 per cent drop.
22 May, 2020, 02.04 PM IST
Paris billionaire rivalry fuels pursuit of Tiffany, MonclerThe rivalry, more than two decades in the making, has defined the modern luxury industry and shows no signs of ending. Since 2001, when Ker...
07 Dec, 2019, 12.46 PM IST
Bill Gates no longer world's second richest, LVMH's Arnault climbs to No. 2Gates has never ranked lower than No. 2 in the seven-year history of the Bloomberg Billionaires Index.
18 Jul, 2019, 01.47 PM IST
The world now has three people worth more than $100 billion eachArnault, chairman of LVMH, entered the ranks of centibillionaires on Tuesday as the luxury-goods maker climbed 2.9% to a record 368.80 euro...
19 Jun, 2019, 11.45 PM IST
Are Gucci, LVMH's donations to rebuild Notre-Dame part of a brand-building exercise?The big groups are already involved in art and restoration.
22 Apr, 2019, 06.28 PM IST
‘Day From Hell’ looms as companies worth $3 trillion to post earnings on ThursdayWith so many cos reporting, analysts will try to spot results that differ from expectations.
26 Jul, 2017, 07.42 PM IST
$82 bn of sales at stake: Costly battle looms as luxe firms fight online pricey fakesIt took luxury-goods makers about a decade to realise that the Internet represented an opportunity. Now, they're finally figuring out it's ...
29 Jul, 2015, 09.44 AM IST
Fashion biggies who haven't named a successor yetAt its core, the business of fashion is an endless quest for something new. Problem is, some of the biggest names are getting rather old.
01 May, 2015, 11.28 AM IST
H&M teams up with fashion designer Alexander WangWang was named as creative director of Kering SA’s Balenciaga fashion and accessories brand in December 2012, replacing Nicholas Ghesquiere.
15 Apr, 2014, 02.19 AM IST
Luxury item prices soar as brands attempt to go upmarketKim Kardashian might as well be naughty this Christmas, because even if she's nice her fiance is unlikely to shell out for a Louis Vuitton ...
27 Dec, 2013, 07.08 PM IST