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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

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

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

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

LVMH eases fears of a luxury slowdown in China

LVMH sees no letup in global demand for luxury goods as Chinese high rollers keep snapping up Louis Vuitton bags and Hennessy Cognac......»»

Category: topSource: moneycentralJan 29th, 2019

Market Extra: Raincoat maker Burberry avoids China showers, but warns of Brexit clouds

Luxury coat maker shrugs off the slowdown in China that hit Apple earlier this month.....»»

Category: topSource: marketwatchJan 23rd, 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

Toyota optimistic amid China slowdown as Lexus sales grow

Toyota Motor Corp on Tuesday said it sees room to expand in China as growing sales of its luxury brand Lexus help it buck an emerging trend of slowing demand which has hit profit at some of its global rivals. Sonia Legg reports.....»»

Category: videoSource: reutersNov 6th, 2018

Kering buoys shares in luxury sector with bullish China view

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Category: videoSource: reutersOct 24th, 2018

Be Careful With Those Gucci Sparkle Dad Sneakers

Investors are right to be wary of the Kering brand’s big bet on outlandish designs, as well as the risks of a broader luxury slowdown......»»

Category: topSource: washpostOct 24th, 2018

The 4 luxury retail stocks best suited to fend off a slowdown in China

With concerns about Chinese consumption growing, HSBC analysts offer suggestions for luxury investors......»»

Category: topSource: marketwatchOct 18th, 2018

Vuitton propels LVMH growth in boost for luxury sector

A standout performance by LVMH's fashion and handbags business boosted third-quarter sales growth at the luxury goods company, providing an encouraging sign for an industry gripped by fears of a slowdown in China. Julian Satterthwaite reports......»»

Category: videoSource: reutersOct 10th, 2018

Luxury Stocks Crash After LVMH Confirms China Slowdown, Customs Crackdown

The stock of luxury consumer giant LVMH, owner of Louis Vuitton, Christ.....»»

Category: blogSource: zerohedgeOct 10th, 2018

Luxury Stocks Slip on China Fears

European luxury stocks fell after results from LVMH Moët Hennessy Louis Vuitton failed to allay concerns about a potential slowdown in spending by Chinese consumers......»»

Category: smallbizSource: wsjOct 10th, 2018

Luxury stocks slide as Vuitton strength fails to quell China worries

Robust appetite in the third quarter for Louis Vuitton handbags and other high-end goods sold by LVMH failed to dispel fears of a looming slowdown in Chinese demand on Wednesday, as shares across the sector tumbled......»»

Category: topSource: reutersOct 10th, 2018

LVMH and luxury shares slide as China concerns linger

Shares in LVMH fell in early trading on Wednesday even as its all-important fashion and leather goods unit did better than expected in the third quarter, with the broader luxury sector also rattled by lingering fears of a Chinese slowdown......»»

Category: topSource: 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

LVMH shrugs off China concerns in boon to luxury peers

LVMH s.....»»

Category: videoSource: reutersJul 25th, 2018

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. 31 min. ago

The Difference Between China"s Haves And Have Nots: A Piece Of Plastic

Having a credit card in China is much more of a luxury than it is in the United States, and its exclusivity i.....»»

Category: blogSource: zerohedgeApr 22nd, 2019