Latest in Richemont Sales Fall as Luxury's China Woes Linger
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Philips shares slide as company blames China for lowered sales outlook
Shares of Philips slumped on Monday as the Dutch healthcare devices company lowered its sales outlook for the year.Business - MarketWatch - October 28 -
Estée Lauder shares plunge as China sales slump prompts dividend cut
Beauty group’s stock drops 25% after guidance withdrawn for rest of yearBusiness - Financial Times - October 31 -
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Kimberly-Clark’s stock falls after sales fall short, with declines in tissues and personal care
Shares of Kimberly-Clark Corp. fell 3.1% in premarket trading Tuesday, after the parent of consumer brands including Huggies diapers, Kleenex tissues and Scott toilet paper reported third-quarter ...Business - MarketWatch - October 22 -
Europe falls behind China in playing host to clinical drug trials
Pharmaceutical companies turn to jurisdictions with simpler regulatory regimesBusiness - Financial Times - October 21 -
China’s kindergarten numbers shrink as policymakers struggle to arrest falling birthrate
Various measures designed to encourage people to have more children have had limited success. The number of kindergartens in China fell by more than 5% last year, the second year in a row that ...World - The Guardian - October 28 -
PwC profits fall in Asia after scandals in China and Australia
Big Four firm reports slower global growth as regional woes compound consulting industry slowdownBusiness - Financial Times - October 29 -
ASML share plunge wipes over $50 billion off Dutch chip giant's value
ASML published its third-quarter earnings Tuesday, a day earlier than expected.Business - CNBC - October 16 -
EU markets watchdog pushes for extra cyber defences in new crypto rules
Esma asks for amendment to tighten regulation with demand for external audits of defences against hackersWorld - Financial Times - October 16 -
How big is ‘big enough’ for China’s stimulus?
Some estimates and theoriesWorld - Financial Times - October 16 -
Kraft Heinz’s stock drops as sales volumes fall again, more than prices rise
Kraft Heinz misses sales expectations again, as volumes keep falling, and the stock heads for a three-month low.Business - MarketWatch - October 30 -
Starbucks CEO pledges to fundamentally change strategy as sales fall for third straight quarter
Investors are expecting that Niccol will share more details about his turnaround strategy during the company's conference call, scheduled for 5 p.m. ET.Business - CNBC - October 30 -
Merck tops earnings estimates on strong demand for Keytruda, new drugs even as HPV vaccine sales fall
The company saw strong sales from its top-selling cancer drug Keytruda, recently launched treatments and its animal health business.Business - CNBC - October 31 -
Papa John’s stock falls as same-store sales hurt by still-cash-strapped consumer
Pizza chain says it’s still operating in a challenging consumer environment.Business - MarketWatch - 23 hours ago -
ASML just gave us a first glimpse into how U.S. chip export curbs will dent its China sales
ASML on Tuesday offered the first glimpse into how U.S. restrictions on exports of its advanced chip manufacturing tools to China will impact its sales in the Asian country.Business - CNBC - October 17 -
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 -
Apple reports robust demand for iPhone 16 even as overall sales in China slow
Company reports $94.9bn in revenue, slightly beating Wall Street projections in first look at demand for its new phone. Apple reported strong demand for the iPhone 16 in its quarterly earnings ...World - The Guardian - October 31 -
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 -
U.S. crude oil prices fall more than 2% after OPEC cuts demand forecast again
Soft demand in China has weighed on the market for months.Business - CNBC - October 14 -
China's economy grows at a 4.6% rate in the last quarter, falls short of the official 5% target
China has reported that its economy expanded at a rate of 4.6% in the July-September quarterWorld - ABC News - October 18 -
The U.S. Army Prepares for War With China: New Vehicles, Face Paint and a 1,200-Foot Fall
The big and cumbersome Army is trying to transform itself to deploy quickly to Asia, if needed. It is an inherently dangerous business.World - The New York Times - October 30 -
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 -
Jones spars with radio hosts over Cowboys' woes
Cowboys owner Jerry Jones got heated during his weekly radio appearance Tuesday on 105.3 The Fan in Dallas.Sports - ESPN - October 15 -
Stellantis Car Deliveries Slump on U.S. Woes
Stellantis vehicle deliveries fell 20% in the third quarter as the Jeep and Ram-maker began to take measures to address excess inventory in the U.S.Business - The Wall Street Journal - October 16 -
Clase 'surprised' by woes, confident despite loss
Star Guardians closer Emmanuel Clase has now given up six hits and four runs in his past two postseason appearances, this after posting a 0.61 ERA during the regular season.Sports - ESPN - October 19 -
Mbappé woe as Barcelona thrash wasteful Madrid
Robert Lewandowski scored twice and Lamine Yamal added a third goal to ruin Kylian Mbappé's first Clásico as Barcelona romped to a 4-0 win over Real Madrid on Saturday.Sports - ESPN - October 26 -
AD injures foot as Lakers' road woes continue
Anthony Davis will have his foot evaluated after he aggravated an injury late in the fourth quarter of Monday's loss at Detroit.Sports - ESPN - 3 days ago -
Source: Madrid woe as Tchouaméni out for month
Real Madrid midfielder Aurélien Tchouaméni will be out of action for a month, a source has told ESPN, after spraining his ankle in the club's 3-1 Champions League defeat to AC Milan.Sports - ESPN - Yesterday
