LVMH watch and jewelry CEOs see luxury sales picking up in 2025

• Shares of LVMH drop 5% as full-year results throw doubt on broad luxury recovery

  LVMH shares dropped as slightly better-than-expected full-year results from the world's largest luxury company threw doubt over a broader sector recovery.
  
  CNBC - 1d
• 

  PlayStation Leadership Shake-Up Sees New Sole CEO In Charge

  Sony Interactive Entertainment is switching from the co-CEO system--currently occupied by Hideaki Nishino and Hermen Hulst--to just one person in charge. Nishino has been promoted to sole CEO of ...
  
  GameSpot - 2d

• World's largest luxury group LVMH posts better than feared full-year sales

  The world's largest luxury company LVMH on Tuesday reported better-than-expected full-year sales, in the strongest sign yet of a potential turnaround in the high-end sector.
  
  CNBC - 2d

• Touch This Jewelry, and Watch It Move

  The Contrast Club brand uses the energy from a tiny nudge or touch to make earrings curl up or a bracelet wrap around the wrist.
  
  The New York Times - 5d
• 

  GM reveals new performance Cadillac Lyriq as it plans to lead EV luxury sales in 2025

  DETROIT — General Motors on Thursday revealed a new $80,000 performance version of its all-electric Cadillac Lyriq, as the Detroit automaker targets becoming the top-selling luxury EV brand this ...
  
  NBC News - Jan. 23

• GM reveals new performance Cadillac Lyriq as it plans to lead EV luxury sales in 2025

  General Motors on Thursday revealed a new $80,000 performance version of its all-electric Cadillac Lyriq.
  
  CNBC - Jan. 23
• 

  Beto and Ndiaye see off Peterborough as Everton’s caretakers pick up slack

  Another new era for Everton, this one promising stability, and another managerial search is under way after the sacking of Sean Dyche . The Friedkin Group, the club’s new owners, were at least ...
  
  The Guardian - Jan. 9

• As Art Sales Fall, Christie’s and Sotheby’s Pivot to Luxury

  With both supply and demand for big-ticket art in a slump, Sotheby’s and Christie’s are making major bets on selling handbags, classic cars and niche experiences.
  
  The New York Times - Jan. 9

More from CNBC

• Key Fed measure shows core inflation at 2.8%, in line with expectations

  The personal consumption expenditures price index for December was expected to show a 2.6% increase on an annual basis
  
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• FDA approves Vertex’s non-opioid painkiller, first new kind of pain medicine in decades

  The Vertex drug is a milestone after a long history of unsuccessful efforts to develop painkillers without the addictive potential of opioids.
  
  CNBC - 49m

• Atlassian hits 52-week high after reporting better-than-expected earnings, revenue outlook

  Atlassian benefited from robust cloud and data center growth during the period as more customers turned to artificial intelligence solutions.
  
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• Here's what Trump’s tariff threat looks like on the ground in China

  President Donald Trump is threatening 10% tariffs on Chinese goods as soon as Saturday, and manufacturers in China are figuring out how to cope.
  
  CNBC - 39m

• Chevron calls Gulf of Mexico the Gulf of America in earnings release after Trump order

  Trump signed an executive order on Jan. 20 to rename the Gulf of Mexico as the Gulf of America.
  
  CNBC - 48m

More in Business

• 

  AstraZeneca ditches plan to build £450mn UK vaccine plant

  Decision is a blow to Starmer’s government after setting out pro-growth pitch to investors
  
  Financial Times - 3m

• Trump says 25% tariffs on Mexico and Canada may not include oil: 'Oil is going to have nothing to do with it as far as I’m concerned'

  The president confirmed his long-threatened tariffs will come into effect on Saturday, and said they “may or may not rise with time.”
  
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• AbbVie’s newer immunology drugs are offsetting Humira’s decline, sending stock up 5%

  AbbVie’s earnings topped estimates, and it offered an upbeat view of 2025.
  
  MarketWatch - 4m

• Intel’s forecast missed by a mile. Here’s why the stock is ‘numb’ to the problem.

  Some analysts say the outlook looks conservative. Another says investors are in wait-and-see mode while Intel works to hire a permanent CEO.
  
  MarketWatch - 9m

• Invest in these safe havens to protect against Trump tariff fallout, Goldman says

  A team from Goldman Sachs says that gold will be one key commodity for investors.
  
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