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RICHEMONT LUXURY GAINS
European shares subdued as luxury stocks, miners weighEuropean stock markets ended the week flat. Luxury and mining stocks saw declines. Geopolitical tensions eased, impacting commodity-linked ...- European shares gain as upbeat data and strong earnings lift sentimentEuropean markets extended their rally on Thursday, buoyed by encouraging economic data and robust corporate earnings. Strong results from T...
- European shares fall as US rate cut expectations waneEuropean stock markets experienced a decline on Friday. This was influenced by cautious remarks from US policymakers regarding interest rat...
- LVMH spurs $80 billion luxury rally as China picture brightensLVMH shares saw their biggest gain in over two decades. This surge followed positive signs of demand in China. The luxury sector experience...
- European stocks climb as LVMH boosts luxury sectorEuropean stocks climbed on Wednesday as upbeat results from France's LVMH sparked a rally in luxury groups and quelled concerns that slowin...
- Cartier reports some customer data stolen in cyberattackThe company said it had further enhanced the protection of its systems and data, as well as informed the relevant authorities, and was also...
- European shares fall as tariff uncertainties weigh; US jobs data in focusEuropean shares fell on Friday as frequent shifts in U.S. trade policy throughout the week resulted in risk aversion, while focus remained ...
- European shares set for eighth weekly gain; Hermes jumps after strong earningsEuropean shares took a breather on Friday and were on track for their eighth straight week of gains, while luxury stocks jumped after robus...
- European shares bounce to 6-week high on China stimulus optimismEuropean shares climbed to six-week highs on Monday, led by miners, luxury goods makers and automakers after signs of fresh stimulus to sup...
- European shares muted as luxury firms fallThe pan-European STOXX 600 held firm at 509.9 points as of 0817 GMT, with healthcare leading subsector gains with a 1.1% rise, while basic ...
- Miners drag European bourses lower as energy crisis loomsThe energy sub-index firmed 0.2% to extend gains to seventh straight day.Investors were cautious ahead of the Jackson Hole symposium after ...
- Commodity stocks lead European shares higher on China COVID reliefHealth authorities said China would halve to seven days its COVID-19 quarantine period for visitors from overseas, with a further three day...
- European stocks hit two-week high as commodities reboundThe continent-wide STOXX 600 index was up 0.7%, as of 0716 GMT, mirroring a sharp rebound on Wall Street late last week on easing concerns ...
- Elevated yields keep European shares under pressure, luxury stocks shineThe pan-European STOXX 600 index skidded 0.1% by 0812 GMT after hitting a one-week low in the previous session.
- European stocks extend gains for sixth straight dayThe pan-European STOXX 600 inched up 0.1% by 0823 GMT after better-than-expected U.S. retail data lifted Wall Street equities on Tuesday.
- European shares notch new highs as Richemont leads surge in luxury stocksThe pan-European STOXX 600 was up 0.1 per cent as of 0828 GMT, hitting a new peak in early trading.
- Luxury, mining stocks weigh on Europe ahead of US inflation dataThe region-wide STOXX 600 index was down 0.1% undoing some of Monday's gains and cementing its losses for September, known to be a volatile...
- European shares slip as US-China tensions, poor earnings weighThe pan-European STOXX 600 fell 0.7% by 0717 GMT after closing at a five-week high in the previous session.
- Rising luxury business spurs demand for niche coursesWith luxury companies setting up base in India, there is a growing demand for managers armed with specialized management degrees in luxury.
- Montblanc: Watch gets mightier than pen as company shifts focus"In the next five years or so, watches have the chance to become bigger than writing instruments," CEO Lutz Bethge said in an interview.
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