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 - 4 hours ago

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 - 6 days ago

Hermès defies luxury gloom with strong sales

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

Business - Financial Times - 6 days ago

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

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

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 - 7 hours ago

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 shares down 7% after warning of ‘uncertain’ outlook

World’s largest luxury group hit by pullback in Chinese consumer spending

Business - Financial Times - October 16

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

Jim Cramer explains why fossil fuels remain vital as the Big Tech boom continues

CNBC's Jim Cramer noted Big Tech's growing energy demands, with companies like Meta, Nvidia, Google and Microsoft building more and more data centers.

Business - CNBC - 5 days ago

Retail sales post solid gain in September, showing a continued strong economy

Retail sales increased 0.4% in September, with strength in a broad range of categories that overcame weak gas and auto spending, the U.S. Commerce Department said Wednesday.

Business - MarketWatch - October 17

EA Sports FC 25 tops September sales, continues football win streak | Circana

Sports games continue to beat all comers on the U.S. sales charts, as EA Sports FC 24 tops Circana's September chart.

Tech - VentureBeat - 5 days ago

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 - 6 days ago

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.

The boom in home schooling

Parents and children unhappy with traditional education are turning to online alternatives after the pandemic opened the door to new ways of learning

World - Financial Times - October 15

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

Bloomsbury to beat expectations on ‘romantasy’ boom

Publisher reports best-ever first half as sales of authors such as Sarah J Maas and JK Rowling continue to soar

Business - Financial Times - 6 days ago

Is the US jobs market still booming?

Market Questions is the FT’s guide to the week ahead

World - Financial Times - 3 days ago

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

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 - 6 days ago

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 - 14 hours ago

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 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 - 6 days ago

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 - 5 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.

Sonic boom heard as 'bomb threat' jet intercepted

World - Yahoo News - October 17

Can the private sector deliver Labour’s housebuilding boom?

Government still has to tackle how commercial incentives limit supply of new homes

World - Financial Times - October 23

Skincare for tweens is booming. But they already look perfect… | Eva Wiseman

Our kids have embraced body positivity, but has diet culture merely been replaced by the quest for flawless skin?. I didn’t see the aurora, but I tried. At 10 or 11pm, I looked out of my bedroom ...

World - The Guardian - 3 days ago

Clean Energy Is Booming in the U.S. The Election Could Change That.

Trump has suggested he would dismantle the Inflation Reduction Act, which has reshaped America’s energy landscape. It won’t be easy.

World - The New York Times - 3 hours ago

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

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