Latest in Rise Luxury Slowdown
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Top stories - CBS News
The rise of AI celebrity endorsements
AI-generated images of celebrities endorsing political candidates are spreading quickly. Learn how to spot the fakes and avoid being misled.October 16 -
Business - Financial Times
This luxury capitulation has barely begun
Investors greeted LVMH’s disappointing sales with surprising aplombOctober 16 -
Business - Financial Times
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 JapanOctober 16 - China -
Top stories - BBC News
Reeves eyeing £40bn in tax rises and spending cuts
Filling the £22bn financial "black hole" would only be enough “to keep public services" still, she told a meeting.October 16 -
Business - Financial Times
LVMH shares down 7% after warning of ‘uncertain’ outlook
World’s largest luxury group hit by pullback in Chinese consumer spendingOctober 16 -
Business - MarketWatch
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 salesOctober 16 - China -
Business - The Wall Street Journal
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.October 16 -
Sports - ESPN
Report: Injuries cost top clubs $800M last season
Players in Germany's Bundesliga are most likely to be injured amongst Europe's top five domestic leagues but England's Premier League bears the most injury-related costs, according to a report ...October 16 -
Business - CNBC
I bought a $54,000 abandoned house in Japan and turned it into a luxury Airbnb—take a look inside
Anton Wormann, 32, transformed an abandoned house in Japan into a luxury Airbnb stay. Today, it brings in about $11,000 a month.October 16 -
Top stories - BBC News
Drones, threats and explosions: Why Korean tensions are rising
The North has warned the South of "horrible consequences" if another drone crosses the border.October 15 -
Top stories - CBS News
CDC warns whooping cough cases are on the rise
The Centers for Disease Control and Prevention are warning that cases of whooping cough are on the rise, with more cases reported this year compared to this time in 2023. Dr. William Schaffner, a ...October 15 -
Sports - ESPN
Utah's Rising out for season, Wilson named starter
Utah quarterback Cam Rising is out for the season with a lower leg injury and coach Kyle Whittingham says true freshman Isaac Wilson will be the Utes' starter until further notice.October 15 -
Business - The New York Times
Paris Is Rising as an Art Market Hub, With Some Way Left to Go
Sotheby’s opened a new salesroom and international collectors are arriving for the inaugural Art Basel Paris fair. But visiting is one thing; buying is another.October 15 -
Top stories - BBC News
Starmer does not rule out rise in National Insurance for employers
The prime minister told the BBC the Budget would be tough but insisted the government would not break manifesto pledges.October 15 -
Business - MarketWatch
Johnson & Johnson’s stock falls despite Q3 sales beat and guidance raise
Johnson & Johnson reported better-than-expected third-quarter sales and raised its full-year revenue guidance.October 15 -
World - The Guardian
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 ...October 15 - China -
Sports - ESPN
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.October 15 -
World - Financial Times
American interest rates need to rise
Lessons for the US from the Brazilian canary in the coal mineOctober 15 -
Business - Financial Times
UK wage growth falls to 4.9%
Data for three months to August adds to evidence that pay pressures are easingOctober 15 - United Kingdom -
Business - Financial Times
Rise of Gail’s shows big British appetite for craft bakery
The private equity-backed chain is accused of displacing independents by selling sourdough at scaleOctober 15 -
Business - Financial Times
Flutter chief warns on US betting tax rises
FanDuel owner says punitive duties could push customers towards unlicensed operatorsOctober 15 -
World - The Guardian
Sleep perfectionists: the exhausting rise of orthosomnia
The UK sleep-tracker industry is estimated to be worth £270m a year – and forecast to double by 2030. Could all this data be making our insomnia worse?. The other day, I was plodding away on the ...October 15 -
World - Financial Times
‘800lb gorilla’: luxury brands battle China’s hit grey-market app
Sales of top brands on DeWu make up estimated 70% of country’s grey market as consumers hunt for lower pricesOctober 15 - China -
Business - The Wall Street Journal
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 ...October 14 -
Tech - GameSpot
Destiny Rising RPG Announced, Takes Place In An Alternate Timeline In The Destiny Universe
NetEase and Bungie have announced an all-new Destiny mobile game called Destiny Rising. The sci-fi RPG is set in an "alternate timeline" in the Destiny universe, featuring what NetEase described as ...October 14 -
Business - Financial Times
Reeves signals business taxes will rise in Budget
Chancellor says companies understand government must make ‘difficult decisions’ to balance booksOctober 14 -
Sports - ESPN
Thorns rise after ending Pride's 24-game unbeaten run
Portland Thorns rise in this week's NWSL power rankings after giving Orlando Pride their first defeat of the season, while Seattle is eliminated from playoffs.October 14 -
Politics - Politico
Maine’s Jared Golden is ready to make things awkward for his fellow Democrats
Rep. Jared Golden may be the heir apparent to West Virginia’s Joe Manchin in trying to claw Democrats away from the left on issues like energy and the environment.October 14 -
Top stories - The New York Times
Kash Patel: The Magical Rise of a Self-Described ‘Wizard’ in Trump World
The MAGA loyalist Mr. Patel aims to run the C.I.A. if Donald Trump wins the presidency. But critics say his swagger masks deep inexperience.October 14 - Donald Trump -
World - Financial Times
Autumn Budget: business fears big rise in national insurance
Tax experts warn of potential hit to retirement savings as companies race to calculate impact on costsOctober 14 -
World - Financial Times
Rapid rise of LNG trucking pushes China to peak diesel
Pace of adoption leaves Germany’s Daimler Truck dealing with ‘catastrophic’ sales dropOctober 14 - China -
Top stories - CBS News
Tensions rise as Israel continues strikes on Lebanon, Gaza
Israel continued strikes in both Gaza and Lebanon. Israeli Prime Minister Benjamin Netanyahu on Sunday warned the U.N. to remove its peacekeeping force from southern Lebanon. Debora Patta reports.October 13 - Israel -
Politics - Politico
Johnson: Congress coming back early for hurricane relief would be ‘premature’
Congress is not scheduled to be back in session until after the election.October 13