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Today: April 26, 2025
Today: April 26, 2025
Mimosa Spencer

Mimosa Spencer

Staff Writer

Latest From Mimosa Spencer

Business|Europe|Finance|Stock Markets

Gucci-owner Kering's shares down 5% after Q1 sales disappoint

Shares of Kering traded down 5% in European morning trade on Thursday, after the group reported a first-quarter sales drop that was worse than analysts' expectations

Gucci-owner Kering's shares down 5% after Q1 sales disappoint
Business|Europe|Fashion and Beauty|Finance|Stock Markets

Kering sales drop more than expected in first quarter as Gucci crisis deepens

By Mimosa Spencer and Tassilo Hummel PARIS -The crisis at Kering's flagship Gucci label deepened in the first quarter, the company said on Wednesday as it flagged possible job cuts with no signs of

Kering sales drop more than expected in first quarter as Gucci crisis deepens
Business|Economy|Europe|Fashion and Beauty|Finance|Political|Stock Markets|US

LVMH's Arnault lashes out at Brussels over US trade tensions

European governments urgently need to ease tensions with the United States over President Donald Trump's tariffs, LVMH CEO Bernard Arnault said

LVMH's Arnault lashes out at Brussels over US trade tensions
Business|Economy|Europe|Fashion and Beauty|US

Luxury brand Hermes to pass on tariff costs to US clients as sales growth slows

France's Hermes will fully shift the burden of tariffs in the United States to its wealthy clientele, the company said on Thursday, as it posted

Luxury brand Hermes to pass on tariff costs to US clients as sales growth slows
Business|Economy|Europe|Fashion and Beauty|Stock Markets

LVMH overtaken by Hermes in market capitalization as sales disappoint

LVMH lost its position on Tuesday as Europe's largest luxury company in terms of market capitalization after being overtaken by rival Hermes due to investor

LVMH overtaken by Hermes in market capitalization as sales disappoint
Business|Economy|Europe|Fashion and Beauty

LVMH misses sales forecast as core business slumps in first quarter

LVMH's first-quarter revenue undershot expectations, as shoppers in the United States pulled back on beauty products and drinks while sales in China

LVMH misses sales forecast as core business slumps in first quarter
Business|Economy|Europe|Fashion and Beauty|Finance|Political|Stock Markets|US

Global market rout darkens outlook for European luxury labels

Growing fears that Donald Trump's tariff blitz will plunge the world into recession are dashing hopes in the $400-billion-a-year luxury industry that wealthy

Global market rout darkens outlook for European luxury labels
Business|Economy|Europe|Fashion and Beauty

Luxury fashion betting on designer reshuffles faces tricky road ahead

A slump in luxury fashion is prompting designer reshuffles at top houses Gucci, Chanel and

Luxury fashion betting on designer reshuffles faces tricky road ahead

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