Tapestry and Capri End Plans for ‘Accessible Luxury’ Merger

How Russia’s energy minister plotted merger of country’s oil majors

Pitch by Sergei Tsivilev, a relative of Vladimir Putin, aimed to tighten oversight of Rosneft and nationalise Lukoil

World - Financial Times - 2 days ago

Trump picks Robert Kennedy Jr to run US health department

Vaccine sceptic and former Democrat is the latest controversial nomination for cabinet post

Business - Financial Times - 3 hours ago

Liberty’s Malone calls for media merger wave under Trump

Billionaire says consolidation should be permitted and adds that ‘allowing Big Tech to run wild’ is inappropriate

Business - 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 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

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

Hermès defies luxury gloom with strong sales

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

Business - 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 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 - October 25

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.

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 - October 30

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 - October 31

Shoppers warned over luxury advent calendar scams

The consumer group Which? is urging shoppers looking for a good deal to beware of fake offers.

Richemont Sales Fall as Luxury's China Woes Linger

The Cartier owner said weaker consumer spending in China hit sales as a luxury downturn that is hurting most of the players in the industry rumbles on.

Business - The Wall Street Journal - 6 days ago

Are luxury beauty advent calendars a rip-off?

They can cost hundreds of pounds, but are these products actually worth the money?

American citizen found dead at luxury hotel in Ireland

An American citizen has been found dead at a luxury hotel in Ireland, police said.

‘Access to food is not the problem’: new orca study deepens mystery behind endangerment

True cause of why southern resident killer whales are on brink of extinction becomes murkier as conservationists warn of marine noise and ship traffic. Last month, the ailing southern resident ...

World - The Guardian - October 16

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