Shares slumped on industry bellwether LVMH failing to meet the bar set by rivals in recent weeks, denting hopes of a recovery ...
Shares of ASML jumped 10.6% after the Dutch company reported better-than-expected fourth-quarter bookings of 7.088 billion ...
Hedge funds have turned optimistic about European companies that sell things people want but don't necessarily need, ...
Luxury stocks face volatility despite LVMH’s 1% sales rise. Kering and Hermes saw share declines, while Richemont and ...
European stocks reached a fresh record high as ASML Holding NV’s strong earnings supported the sentiment after this week’s tech jitters.
Burberry shares soared 15% in opening trade following the update. Luxury bellwether LVMH rose 3%, while French peers Kering and Hermes climbed 9.5% and 2.4%, respectively. Italian high-end brands ...
French stocks are down in negative territory Wednesday morning, weighed down by losses in the luxury sector as industry major LVMH's ...
European shares are trading near their largest discount on record to the S&P 500 index, at a forward price-to-earnings ratio ...
The watchmaker faces challenges due to its strong dependence on China, where luxury spending has taken a significant hit.
London-based luxury goods shipper Ferrari Group Plc may announce plans for an initial public offering as early as this week, ...
European stocks climbed to a record high on Wednesday as global markets recovered from a tech selloff sparked by concerns over the ...