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

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

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

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

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 - 9 hours ago

Hermès defies luxury gloom with strong sales

Paris house posts solid growth in contrast to rivals Kering and LVMH

Business - Financial Times - October 24

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 Japan

Business - Financial Times - October 16

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.

This luxury capitulation has barely begun

Investors greeted LVMH’s disappointing sales with surprising aplomb

Business - 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 know

World - Financial Times - October 22

Unions Defy Their Leadership With More 'No' Votes on Contracts

Fed up with inflation and seizing a moment of labor power, workers at Boeing, AT&T and Southwest reject deals negotiated by union bosses.

Business - The Wall Street Journal - October 13

England defied by ton from debutant Ghulam

England are defied by a century on debut by Pakistan’s Kamran Ghulam on the opening day of the second Test in Multan.

Commonwealth leaders to defy UK by putting slavery reparations on summit agenda

Downing Street insists a discussion about the issue is not on the agenda for the summit of 56 Commonwealth countries.

Commonwealth leaders to defy UK on slavery reparations

World - Yahoo News - October 24

Vindictus Defying Fate Official Trailer | Next On Event

Today, NEXON Korea hosted their ‘Next On’ media event and showcased a new trailer for Vindictus Defying Fate.

Tech - GameSpot - Yesterday

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 results

World - 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 sales

Business - 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 deepens

Business - Financial Times - October 18

Kering and Hermès tell tale of luxury inequality

While the owner of Gucci and YSL brands is spluttering, Hermès has defied the slowdown

Business - Financial Times - October 24

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.

NASA Will Do Space in Style With the Prada Axiom Spacesuit

In Milan, the fashion house and Axiom Space have revealed how astronauts will be decked out on the lunar surface during the Artemis 3 mission in 2026.

Tech - Wired - October 16

This Startup Is Why Astronauts Will Wear Prada on the Moon

When the Artemis missions send astronauts to the lunar surface in a few years, moon walkers will sport new spacesuits made by Axiom Space—with design touches from one of Italy’s famed luxury brands.

Business - Inc. - October 17

Citi and BofA join other big US banks in beating gloomy forecasts

Stronger than expected earnings add to hopes of a ‘soft landing’ for economy

Business - Financial Times - October 15

Exhausted Gazans Defy Evacuation Orders as Israel Presses New Offensive

Many Palestinians are staying put as Israel’s military orders civilians to leave large parts of northern Gaza as it conducts an offensive against Hamas militants.

World - The Wall Street Journal - October 15

Marc Marquez defies mosquito mishap to clinch comeback win at Australian MotoGP

Six-time champion Marquez fought back from 13th to win fifth title Jorge Martin finishes second as Ducati secure top five places Spain’s Marc Marquez has recovered from a nightmare start in ...

World - The Guardian - October 20

Bring on the Vegas glitz! How Roma families are defying their persecutors with bling palaces

Keen to show off their newfound riches, and to kick back at a society that suppressed them, Roma families are filling rural Romania with exuberant symbols of wealth – boasting gilded turrets and ...

World - The Guardian - October 22

Patriot by Alexei Navalny review – the man who dared to defy Putin

This remarkable memoir by the bold and fearless Russian opposition leader describes an extraordinary life, from a childhood in the shadow of Chornobyl to surviving a novichok attack and his final ...

World - The Guardian - 4 days ago

Viktor Orbán defies EU in backing Georgia’s contested election result

Hungarian prime minister shows support for Kremlin-friendly ruling party in Caucasus nation

World - 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

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