Latest in How Hermès is bucking the global luxury slowdown
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How Hermès is bucking the global luxury slowdown
Paris-based luxury house Hermès has reported strong financial results despite a global slowdown that has affected competitors LVMH and Gucci owner Kering.Business - CNBC - 5 hours ago -
Hermès defies luxury gloom with strong sales
Paris house posts solid growth in contrast to rivals Kering and LVMHBusiness - Financial Times - October 24 -
Kering and Hermès tell tale of luxury inequality
While the owner of Gucci and YSL brands is spluttering, Hermès has defied the slowdownBusiness - Financial Times - October 24 -
Hermes Sales Rise 11% Despite Luxury Slowdown
Hermes reported a rise in sales for the third quarter but looking ahead, it cautioned about global economic, geopolitical and monetary uncertainties.Business - The Wall Street Journal - October 24 -
Prada's Miu Miu Continues to Defy Luxury Slowdown
Prada posted an increase in revenue, buoyed by the popularity of its Miu Miu brand, and continues to buck a downturn in demand for high-end goods that is particularly acute in China.Business - The Wall Street Journal - Yesterday -
Luxury goods shares fall as China slowdown hits LVMH
Owner of Louis Vuitton and Dior brands reports 16% drop in third-quarter sales in Asia excluding JapanBusiness - Financial Times - October 16 -
Brunello Cucinelli Backs Growth Targets as Sales Defy Luxury Slowdown
The fashion concern said its performance improved in both its retail and wholesale channels, with increased revenue across all its markets, in particular in the Americas.Business - The Wall Street Journal - October 17 -
Prada continues to defy luxury slowdown as Miu Miu sales boom
Italian group bucks gloom but warns that conditions in Asia are becoming ‘more challenging’Business - Financial Times - Yesterday -
Milwaukee Bucks vs. Philadelphia 76ers: How to watch tonight's NBA game
How to watch the Milwaukee Bucks vs. Philadelphia 76ers in their NBA season opener.Sports - Yahoo Sports - October 23 -
How the west should re-engage with the global south
The erosion of the post-1945 world order requires the UK and its allies to define new forms of multilateralismWorld - Financial Times - 12 hours ago -
Philadelphia 76ers vs. Milwaukee Bucks: How to watch NBA online, TV channel, live stream info, start time
How to watch 76ers vs. Bucks basketball gameSports - CBS Sports - October 23 -
How Nasa’s Artemis Accords are laying the ground for global space cooperation
Space’s agency has expanded its diplomatic reach in recent months, signing 12 of 45 signatories since January. It was a simple pledge made amid the excitement of a landmark moment in space ...World - The Guardian - October 20 -
How Beijing Tamed a Lawless Industry and Gained Global Influence
State-controlled companies now run an industry once known for its acid pits, radioactive waste and smugglers.Business - The New York Times - 3 days ago -
How the Houthis Went From Ragtag Rebels to Global Threat
The Gaza war has allowed the Iran-backed Yemeni militants to broaden alliances with Iraqi militias, African jihadists and Russia.World - The Wall Street Journal - 21 hours ago -
The Bucks are at a tipping point with Giannis
Giannis Antetokounmpo has tiptoed around the idea of leaving Milwaukee before. Here's a "Hot Take We Might Actually Believe": he puts his foot down this season.Sports - Yahoo Sports - October 23 -
Luxury Fashion as Political Propaganda
In fights to sway public sentiment, critics often point to costly clothes as evidence of moral corruption.Lifestyle - The New York Times - October 24 -
Coty Joins Competitors in Warning of Beauty Sales Slowdown
The cosmetics company, whose portfolio of brands includes Max Factor and Lancaster, on Monday said retailers are tightening their inventories as mass beauty sales continue to see slow growth ...Business - The Wall Street Journal - October 14 -
Chinese economic slowdown deepens, official figures show
Gross domestic product rose by 4.6% on a yearly basis, below Beijing's "around 5%" annual target.Top stories - BBC News - October 18 -
‘He had all the stuff you need to be a pop star’: how Liam Payne helped One Direction to global glory
Although he was less extroverted than his bandmates, his impressive vocals made him a cornerstone of the era’s defining boyband. So why did he struggle to accept his own greatness?. Liam Payne ...World - The Guardian - October 17 -
Joe Biden’s big blunder: how the war in Ukraine became a global disaster | Simon Tisdall
Failure to contain the conflict has led to huge suffering and geopolitical shifts. Why didn’t the US commit to Nato?. Reflecting the instincts of a cold war veteran, Joe Biden’s strategy was ...World - The Guardian - 5 days ago -
How a U.S. sovereign wealth fund could help Americans and challenge China’s global influence
Direct investment in long-term international development projects could boost Americans’ well-being for generationsBusiness - MarketWatch - 4 days ago -
This luxury capitulation has barely begun
Investors greeted LVMH’s disappointing sales with surprising aplombBusiness - Financial Times - October 16 -
Which luxury train crew are you?
From the Venice Simplon-Orient‑Express to The Ghan Expedition, it’s never been easier, or chicer, to travel by rail. Here are the carriages to knowWorld - Financial Times - October 22 -
Oil price slides amid China slowdown and easing Middle East fears
Brent crude slides by almost $3.50 a barrel to below $74 after Opec cuts forecasts for demand growth. Business live – latest updates Global oil prices have tumbled by almost $3.50 a barrel ...World - The Guardian - October 15 -
FirstFT: Harris calls on America to ‘turn the page’ on Trump
Also in today’s newsletter, Ukraine and Russia hold secret talks, while Alphabet and Reddit shares rise after resultsWorld - Financial Times - Yesterday -
Ronaldo designs career-inspired luxury watches
Cristiano Ronaldo has unveiled his own watch collection that feature outlines of his iconic moments in his football career on the clock face.Sports - ESPN - October 15 -
LVMH stock falls on slumping luxury sales in China
LVMH Moët Hennessy Louis Vuitton said a slowdown in Chinese spending had hit its third quarter salesBusiness - MarketWatch - October 16 -
LVMH Results Cast Cloud on Luxury Stocks
European luxury stocks fell after third-quarter results from industry bellwether LVMH dashed hopes that a sector recovery is under way and renewed concerns over the Chinese market.Business - The Wall Street Journal - October 16 -
Tough luxury market dims Dior’s shine
Sales stutter at LVMH brand run by Bernard Arnault’s daughter Delphine as luxury downturn deepensBusiness - Financial Times - October 18 -
An Italian Luxury House Takes Artisanship to New Heights
At Bottega Veneta, craftspeople are celebrated as much for their creativity as for the quality of their leather work.Lifestyle - The New York Times - 6 days ago -
In Rome, the water is back in the Baths of Caracalla, a luxurious spa
The Baths of Caracalla in Rome were one of the most luxurious spas the world has ever known. Now, for the first time in some 1,500 years, water is back.Top stories - CBS News - 4 days ago -
The problem with the term ‘global majority’
Endless searching for a label to describe ethnic minority groups is ultimately futileWorld - Financial Times - 2 days ago -
Louis Vuitton owner LVMH reports surprise sales drop amid China slowdown
Shares in LVMH, which also owns Dior, Tiffany and Moët & Chandon, fell by as much as 7%, briefly hitting two-year low. Shares in luxury goods brands slumped after Louis Vuitton ’s LVMH reported an ...World - The Guardian - October 16 -
10-, 30-year Treasury yields drop again after GDP data opens door to Q4 slowdown
Yields on long-dated Treasurys closed lower on Wednesday after a weaker-than-expected reading on third-quarter U.S. economic growth gave way to the possibility of another slowdown in the final ...Business - MarketWatch - 21 hours ago -
Khris Middleton will reportedly miss Bucks' season opener against 76ers
The three-time All-Star underwent a pair of ankle surgeries in the offseason.Sports - Yahoo Sports - October 21 -
The conversation: Can Giannis Antetokounmpo and Damian Lillard get the Bucks back on track?
Let's preview the 2024-25 Milwaukee Bucks, including their best-case and worst-case scenariosSports - CBS Sports - October 21 -
Lillard and Antetokounmpo power Bucks past short-handed 76ers 124-109
Damian Lillard scored 30 points, Giannis Antetokounmpo added 25 and the Milwaukee Bucks defeated the Philadelphia 76ers 124-109 in the season opener for both teamsSports - ABC News - October 23