Rihanna launched Fenty Beauty in 2017 with an estimated 50% stake; 4 years later, Forbes valued the cosmetics company at $2.8 billionRihanna’s Fenty Beauty journey therefore represents more than a remarkable celebrity wealth milestone. It is a case study in how ownership,...
19 Sep, 2026, 08.47 PM IST
Ralph Lauren shares jump 7% as shoppers in Asia, North America drive revenue beatRalph Lauren's first-quarter financial performance surpassed expectations, showcasing a robust demand driven by younger consumers across va...
06 Aug, 2026, 08.22 PM IST
Global Market: European stocks trade flat as tech selloff offsets earnings boost from consumer, luxury firmsEuropean stock markets remained relatively stable despite a notable dip in technology shares. The positive earnings reported from the consu...
28 Jul, 2026, 03.08 PM IST
Arnault tightens his LVMH control with $1.6-B buying spreeBernard Arnault significantly increased his stake in LVMH, spending $1.6 billion on shares to move closer to owning half of the luxury cong...
28 Oct, 2025, 01.11 AM IST
European shares rise after Trump touts auto-related tariff break, LVMH slumpsThe auto and parts index rose 2.5%, leading gains among sectors, after U.S. President Donald Trump said he was considering a modification t...
15 Apr, 2025, 01.37 PM IST
LVMH breakup goes from ‘why?’ to ‘why not?’Investor discussions are intensifying around splitting up LVMH Moet Hennessy Louis Vuitton SE. Separating Moet Hennessy and potentially Sep...
28 Feb, 2025, 11.38 AM IST
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
Bernard Arnault wins big on China stimulus with $17 billion wealth surgeBernard Arnault, who faced a significant wealth drop this year, saw his fortune rise by $17 billion to $201 billion after China announced s...
27 Sep, 2024, 10.33 AM IST
Bernard Arnault loses spot as world’s second-richest person to Jeff BezosArnault is founder and chief executive officer of LVMH, the French luxury powerhouse that includes brands such as Louis Vuitton and Moet & ...
17 Oct, 2023, 03.43 PM IST
LVMH shares fall as second-quarter sales fail to impressShares in LVMH fell by 3.7% in early trading on Wednesday after the report of in-line sales growth in the second quarter. Analysts believe ...
26 Jul, 2023, 02.10 PM IST
Inflation angst keeps European stocks under pressureInvestor worries over rising interest rates in response to galloping inflation have roiled global markets.
13 Apr, 2022, 03.23 PM IST
Reckitt cost warning, China woes drag European shares lowerWorries about tighter regulation of China's heavyweight technology sector fuelled a selloff in global markets this week despite optimism ab...
27 Jul, 2021, 02.56 PM IST
European stocks head lower, LVMH shines after earningsThe pan-European STOXX 600 index dropped 0.4% in early trading, following losses in Asian markets and Wall Street.
27 Jan, 2021, 02.24 PM IST
LVMH promotes Arnault scion to lead Tiffany after $16 bn deal; ready to give jewellery brand a makeoverAlexandre Arnault will be executive vice president at Tiffany.
08 Jan, 2021, 01.11 PM IST
Tiffany beats profit estimates on soaring China demandTiffany and LVMH ended a bitter legal battle last month and agreed to a new deal that would see the French firm buy out the U.S. jeweler at...
24 Nov, 2020, 08.00 PM IST
Luxury stocks sparkle in tepid European trading as US-China trade talks loomBritain's FTSE 100 jumped 0.9 per cent thanks to a weaker pound boosting London-listed multinational exporters.
30 Jan, 2019, 03.22 PM IST
- Pop the cork: It's party time for champagne makers
Looming shortage of French wine, spurred by limits on grape production and rising demand in the US, Japan, and the UK, is likely to buoy sh...
01 Jan, 2008, 10.54 PM IST