The total market value of all Rolex Submariner watches ever made is almost $50 billion, based on analysis of the first-ever release of production data …
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Kering Stock Rating Cut to ‘Sell’ as Goldman Doubts Luxury Rally
Last week’s China-fuelled rally in luxury-goods stocks is based on unstable foundations, according to Goldman Sachs Group Inc. analysts. Stimulus measures announced by the economic …
Swatch CEO Says ‘Nothing New’ in Buyout Talk Lifting Stock
Swatch Group AG chief executive officer Nick Hayek said that it’s “pure speculation” that the company is considering going private now, although it’s something that …
Ulta Tops Amazon as Decade’s Best Performing Large Retail Stock
NEW YORK, United States — Ulta Beauty Inc. is on pace to close out the decade as the top-performing stock in the S&P 500 Retailing …
Hermès Stock Defensive Trade to Counter Luxury Slowdown, Exane Says
Hermès International is a way for investors to shield themselves from a short-term downturn in the luxury-goods sector, according to BNP Paribas Exane analysts, who …
Abercrombie Sales Beat Underwhelms After Big Run-Up in Stock
Abercrombie & Fitch Co. beat analysts’ sales expectations for the sixth consecutive quarter, but it wasn’t enough to impress investors who have grown accustomed to …
Shiseido Stock Falls Sharply, Prompting Trading Halt
Shares in the cosmetics maker dropped as much as 16 percent in morning trading in Tokyo on Thursday, the most since 1987 on an intraday …
London Stock Exchange Denies Lowering Standards to Win Shein IPO
The boss of the London Stock Exchange Group has denied lowering standards in order to lure the fast-fashion retailer Shein’s £50 billion ($63 billion) IPO …
L’Occitane to Delist From Hong Kong Stock Exchange
L’Occitane is set to exit the public market in August, after gaining the approval of enough shareholders to permit such a move, the company said Tuesday. …
Cucinelli Stock Slide Hints at Tough Results Season
Markets’ downbeat reaction to Brunello Cucinelli SpA’s solid second-quarter earnings is an ominous sign for Europe’s luxury goods companies, which likely face a tough slog …
8 Best Men’s Dress Shirts To Stock Your Closet with in 2024
Everyone knows that you should dress for the job you want — not the job you have. And unless you work from home, you need …
Stock Up for Summer: Memorial Day Sale – 20% Off Selected Products! – Bangstyle
Memorial Day means summer is just around the corner! Making it the ideal time to refresh your haircare essentials. To jumpstart your summer style The …
Burberry’s Biggest Bear Sees Luxury Stock Falling to 2010 Levels
Burberry Group Plc’s biggest bear just became even more negative on the stock following Wednesday’s lacklustre results from the British luxury firm. UBS Group AG …
Allbirds Receives Six Month’s Notice to Raise Its Stock Price
Allbirds on Monday said it received a notice from Nasdaq flagging its share price remaining below $1 for a month. The embattled sneaker seller has …
Natura & Co to Delist From New York Stock Exchange
The company will retain its primary listing in its native Brazil. Natura & Co originally listed on the NYSE in Jan. 2020, in connection with …
Luxury as the Next Stock Market of Things: Josh Luber
OXFORDSHIRE, United Kingdom — The brands that peddle them leverage scarcity as their business model, creating a disparity between demand and supply, said Josh Luber, …
‘I employ a lot of hackers’: how a stock exchange chief deters cyber-attacks | Cyberwar
Six Group counts its profit in millions, but the financial pipework it controls moves billions. Its operations, which include the Spanish and Swiss stock exchanges, …
Taking Stock of the Burberry Reboot
ATHENS — On Thursday evening, as I was racing to the gate to catch my flight to Athens something caught my eye. A new Burberry store …
US Retailers Stuck With Excess Stock Offer Bargains As Holiday Season Nears
As the holiday shopping season approaches, major US retailers from Dollar General to Walmart and Macy’s could be saddled with too much stock for a …
Bernard Arnault Loses His Slot as the World’s Second-Richest Man to Jeff Bezos as LVMH Stock Slips
LVMH founder Bernard Arnault is no longer the world’s second-richest person, with his total wealth falling below Jeff Bezos’ net worth amid signs of a …