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Gucci joins luxe brands defying China slowdown

Gucci owner Kering on Tuesday became the latest European luxury brand to defy fears of a slowdown in Chinese demand......»»

Category: videoSource: reutersFeb 12th, 2019

Kering joins luxury peers in defying China slowdown

Gucci owner Kering has followed luxury market peers like LVMH in defying fears of a slump in Chinese demand. Julian Satterthwaite reports......»»

Category: videoSource: reutersFeb 12th, 2019

China"s first-quarter growth unexpectedly steadies, but too early to call clear recovery

China's economy grew at a steady 6.4 percent pace in the first quarter, defying expectations for a further slowdown, as industrial production jumped sharply and consumer demand showed signs of improvement......»»

Category: topSource: reutersApr 17th, 2019

China"s first quarter growth unexpectedly steadies, but too early to call clear recovery

China's economy grew at a steady 6.4 percent pace in the first quarter, defying expectations for a further slowdown, as industrial production jumped sharply and consumer demand showed signs of improvement......»»

Category: topSource: reutersApr 17th, 2019

Apple, luxury brands drop prices in China on VAT cut

Apple and luxury labels such as Gucci have lowered their prices in China after a cut in its value-added tax (VAT) rate came into effect from April 1......»»

Category: topSource: reutersApr 2nd, 2019

Luxury watchmakers rely on China despite slowdown

Swiss watchmakers are starting to see signs of slowing spending from Chinese tourists, but are still banking on demand shifting to mainland China to fuel growth this year, several high-end brands said on Monday.....»»

Category: videoSource: reutersJan 15th, 2019

Luxe brands, take heart - China is shopping again

Strong earnings from Louis Vuitton parent LVMH are raising hopes for the luxury goods sector, especially as they suggest Chinese shoppers are once again spending on high-end goods......»»

Category: videoSource: reutersOct 10th, 2018

India Joins China In Defying Trump, Will Allow Imports Of Iranian Oil

Two weeks after China - the top importer of Iranian crude oil - defied the White House, disclosing that it would continue importing Iranian oil ignoring US sanctions on Tehran, India, t.....»»

Category: blogSource: zerohedgeSep 4th, 2018

Luxury brands cash in on China"s millennials

It's no wonder global luxury brands from Gucci to Louis Vuitton are investing heavily in China, despite the slowing economy and a crackdown on conspicuous consumption, as Pascale davies reports, there's a new wave of cash-rich millennials......»»

Category: videoSource: reutersAug 21st, 2018

Eli Lilly announces sale of legacy antibiotics brands, facility in China

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewall19 hr. 38 min. ago

U.S. may follow China with first quarter GDP upside surprise

A temporary government shutdown with no end in sight, rising trade conflicts and a global growth slowdown: the first quarter outlook for the U.S. economy did not look promising at the turn of the year......»»

Category: topSource: reuters19 hr. 38 min. ago

Will Yum Brands or Yum China Outperform Into and After a China Trade War Agreement?

  Sometimes there are great opportunities when companies announce spin-offs in their strategies. One very prominent spin out was the Yum Brands Inc. (NYSE: YUM) exit from the Yum China Holdings........»»

Category: blogSource: 247wallstApr 22nd, 2019

China: Economic growth steady amid tariff battle with US

China's economic growth held steady in the latest quarter amid a tariff war with Washington in a sign Beijing's efforts to reverse a slowdown might be gaining traction......»»

Category: topSource: foxnewsApr 16th, 2019

Daimler: Mercedes sells more than 600 Maybach models a month in China

Daimler's China chief said sales rose 3 percent in the first quarter, defying an overall downturn in demand in the world's biggest car market, thanks to robust demand for ultra luxury vehicles like the Mercedes S-Class Maybach......»»

Category: topSource: reutersApr 16th, 2019

London markets edge up as growth fears on hold

Investors looked for direction as positive China data pushed back on slowdown narrative.....»»

Category: topSource: marketwatchApr 15th, 2019

U.S. oil futures settle higher, up more than 1% for the week

Oil futures settled with a gain on Friday, with U.S. prices up 1.3% for the week. Violence in Libya raised the threat of tighter global supplies and economic data from China helped to ease concerns over a slowdown in energy demand. May West Texa.....»»

Category: topSource: marketwatchApr 12th, 2019

Oil rises as supply constraints outweigh China slowdown fears

Oil prices rose on Friday as involuntary supply cuts from Venezuela, Libya and Iran supported perceptions of a tightening market, already underpinned by a production reduction deal from OPEC and its allies......»»

Category: topSource: reutersApr 12th, 2019

Marriott says variety of brands is a strength not weakness

Marriott International Inc, the world's biggest hotel company with luxury brands such as St. Regis and Ritz-Carlton, says it is committed to all of its brands which give it the breadth to take advantage of fast-growing markets like China......»»

Category: topSource: reutersApr 11th, 2019

Can Canopy Growth Sales Reach $1 Billion This Year?

Despite signs of a slowdown, Constellation Brands' CEO is still confident about blazing fast sales growth from his company's new partner......»»

Category: topSource: foxnewsApr 7th, 2019

U.S. payrolls report, trade optimism buoy stocks

Global stocks rose to a fresh six-month high on Friday after concerns about an economic slowdown were lessened by U.S. labor market data, while optimism that a trade deal between the United States and China was drawing closer also lifted sentiment......»»

Category: topSource: reutersApr 5th, 2019

Wall Street rises on jobs data, trade optimism

U.S. stocks rose on Friday boosted by better-than-expected job growth in March, which eased concerns of a domestic slowdown, and hopes that the United States and China would resolve their trade dispute......»»

Category: topSource: reutersApr 5th, 2019