Luxury stocks slide as LVMH disappoints and Wall Street eyes few signs of stronger China demand despite stimulus
LVMH's commentary on demand in China was a warning for luxury brands, which have relied on Chinese consumers to drive growth ...
European tech, luxury stocks tumble as ASML, LVMH results disappoint
Europe's STOXX 600 settled lower on Wednesday, with tech and luxury stocks hurt by disappointing results from industry ...
Louis Vuitton owner LVMH sales slump on weak China demand, shaking luxury sector
The world’s largest luxury group saw its shares tumble as much as 7.5% Wednesday morning to a two-year low before ticking ...
Stock Market Today: Morgan Stanley Earnings in Spotlight; Global Chip Stocks Sell Off
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AMERICAS Stocks stunned by ASML curveball, pound plunges
While banks and pharma firms dominate Wednesday's diary, reverberations from ASML's big miss knocked Wall Street (.SPX) back ...
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3 Luxury Retail Stocks to Buy as High-End Spending Rebounds
The luxury retail industry’s robust growth is being fueled by the increasing dominance of high-net-worth individuals and ...