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Investing.com -- European luxury stocks continue to struggle as earnings momentum remains largely negative, weighed down by foreign exchange effects and softening demand signals. Over the past ...
The US is a crucial market for luxury manufacturers, with European cars like BMW, Mercedes, and Rolls-Royce traditionally serving as a status symbol for the rich and powerful — including Trump.
European Luxury Labels: Luxury industry faces challenges due to tariff concerns. Donald Trump's tariffs spark recession fears. Luxury goods sales may decline. Trade war impacts stock markets ...
We are maintaining our fair value estimates for stocks in our luxury coverage following the announcement of reciprocal tariffs by US President Donald Trump. Tariffs of 20% on the European Union ...
The European Central Bank (ECB) is expanding the development of a wholesale central bank digital currency (CBDC) payment system to settle transactions between institutions, according to a Feb. 20 ...
Customers can save £1,000 on the ‘Magnificent Europe’ river cruise – a 15-day journey from Budapest to Amsterdam taking in 14 cities – now priced at £4,795 (down from £5,795).
A wholesaler buys large quantities of products from manufacturers, stores them in a warehouse, and distributes them to retailers. While many wholesale suppliers operate locally, there are also larger ...
The French luxury major--owner of high-end brands such as Dior and Louis Vuitton--reported fourth-quarter revenue of 23.93 billion euros ($25.11 billion), 1% higher organically compared with the ...
Manfredi Lefebvre d’Ovidio, the new chairman of AirAsia Move, sees potential in integrating cruises into AirAsia Move’s offerings.
European Waterways, a premier provider of luxury hotel barge cruises, has expanded its fleet with the official addition of Shannon Princess, Ireland’s only luxury hotel barge. This strategic ...
European shares rose nearly 1 per cent on Thursday, with luxury stocks boosted by Richemont’s upbeat earnings update and semiconductor firms making gains after TSMC reported record quarterly profit.
Richemont shares jumped around 16% to an all-time high of 161.40 Swiss francs, surpassing their May 2023 high of 161.10 francs, and were set for their biggest intraday rise since October 2008.