Luxury stocks are heading to the clearance bin
By Bloomberg Published September 24, 2024 The best luxury brands rarely go on sale. Not so their share prices. Valuations across the sector have tumbled on a deteriorating Chinese economy and …
By Bloomberg Published September 24, 2024 The best luxury brands rarely go on sale. Not so their share prices. Valuations across the sector have tumbled on a deteriorating Chinese economy and …
Biocon Biologics plans to raise $950 million dollars in overseas bond sales that will be managed by lenders including Standard Chartered Bank and HSBC, said three people aware of the …
HSBC initiated coverage on Krishna Institute of Medical Sciences (KIMS) with a ‘buy’ rating while assigning ‘reduce’ rating to Global Health (Medanta) and Narayana Hrudayalaya. The brokerage has a ‘buy’ …
By Reuters Published September 10, 2024 Expectations of bumper second quarter sales growth at Zara owner Inditex have been dashed by a wet and cold June in its biggest market …
Finding the money to pay for tuition, accommodation and the other costs associated with an overseas education is a primary concern for most families, HSBC’s Quality of Life report stated. …
By Reuters Published Jun 11, 2024 Premium sportswear brands are enjoying robust growth in China as they take to directly courting their main customers, posing yet another setback to megabrands …
By Reuters Translated by Roberta HERRERA Published Jun 10, 2024 The departure of Chanel’s creative director has profoundly shaken the luxury industry, underscoring its current predicament between exorbitant prices and …
By Reuters Published Jun 8, 2024 The departure of Chanel’s top designer early Thursday sent ripples across the $1.62 trillion luxury goods industry at a time when all the major …
By Bloomberg Published Apr 23, 2024 On a recent Friday afternoon, shoppers at a Gucci boutique waded through heaps of heavily discounted, past-season merchandise: Yellow pumps, furry slippers, flamboyant jackets and bright green …
By Bloomberg Published Apr 16, 2024 Hermes has potential to surpass LVMH’s flagship Louis Vuitton in the coming years as the luxury industry’s biggest brand by turnover, according to Citigroup …