Moncler: china's covid u-turn could be a catalyst for growth

Historically, the luxury sector companies have always been solid in situations of global economic diffi...

January 26, 2023, 1:46 pm

Toyota president akio toyoda to step aside in leadership shakeup

Toyota's president and CEO Akio Toyoda will step aside to become chairman, while Koji Sato, who has been leading the Lexus...

January 26, 2023, 8:31 am

Lvmh looks to renewed china luxury spending for earnings bump

Bernard Arnault's conglomerate has ridden a wave of demand that China's reopening could help extend into this year as other economies' prospects turn ...

January 26, 2023, 5:08 am

Lvmh looks to renewed china luxury spending for earnings bump

Bernard Arnault's conglomerate has ridden a wave of demand that China's reopening could help extend into this year as other economies' prospects turn ...

January 26, 2023, 4:57 am

Toyota ceo akio toyoda to step down and become chairman

Chief branding officer Koji Sato, a 53-year-old executive who has led Toyota's luxury Lexus division si...

January 26, 2023, 3:27 am

Inflation continues to dampen u.s. retail sales while luxury shines

The first month of 2023 (and the last month of the retail industry's Q4 2022) saw America's largest party supply store file for Chapter 11 bankruptcy,...

January 24, 2023, 10:49 pm

Lucid group: the risk/reward is attractive now

Lucid Motors is an electric vehicle maker, with a strong focus on serving the luxury consumer. The comp...

January 23, 2023, 12:54 pm

Capri holdings: the discount is not justified

Capri operates in a large and growing personal luxury market that is relatively resilient to adverse ma...

January 23, 2023, 2:15 am

Nordstrom rack undercuts luxury retailer's holiday sales

Consumers pulled back on their spending during the holiday shopping season, according to Nordstrom. During the nine weeks ended Dec. 31, sales at the ...

January 20, 2023, 9:35 am

What's happening with nio stock?

Chinese luxury electric vehicle maker Nio stock had a very challenging 2022 with its stock falling by o...

January 19, 2023, 5:00 am

Toyota has placed limits on orders for lexus cars due to semiconductor chip shortage

Ongoing chip shortage news.

• Toyota has placed limits on orders of 9 models of its Lexus luxury<...

  January 19, 2023, 1:19 am

Inspirato announces plan to streamline operations

DENVER, Jan. 18, 2023 (GLOBE NEWSWIRE) — Inspirato Incorporated (“Inspirato” or the “Company”) (NASDAQ: ISPO), the innovative...

January 18, 2023, 11:30 pm

Lvmh tops $430b market cap

LVMH's share price rose to over 800 euros on Tuesday (Jan. 17). The fashion and luxury goods group, whi...

January 17, 2023, 3:40 pm

Hyatt hotels: revpar growth, china reopening could be significant growth drivers

Hyatt Hotels Corporation has continued to see strong RevPAR growth across its high-end luxury brands, i...

January 17, 2023, 3:24 pm

Lvmh and richemont luxury winners, says rbc, but positive outlook isn't universal for the sector

LVMH, the luxury goods company which owns brands such as Givenchy and Christian Dior, cemented itself a...

January 17, 2023, 8:20 am

Luxury giant lvmh hits 400 billion euro in market value

LVMH shares rose to a fresh record high on Tuesday, giving the luxury goods group a market capitalisati...

January 17, 2023, 3:30 am

Rolls royce and porsche's gravity-defying sales numbers show the rich aren't cutting back on luxury spending just yet

Both automakers saw best-ever years in 2022, with Rolls customers shelling out over a half million dollars for customized rides....

January 16, 2023, 6:00 am

Nike is going all in on luxury-obsessed gen z

Nike CEO John Donahoe said the brand is focused on Gen Z in China. It's not the only sneaker brand focused on the generation....

January 15, 2023, 10:00 am

Ferrari stock is expensive currently

Ferrari is an independent luxury car-maker, which is due to release the Purosangue, a rival to the Urus...

January 14, 2023, 5:54 am

Tesla just started an electric car price war, and it's bad news for ford and gm

Tesla is goosing sales and going after Ford, GM, and other new competitors by slashing the prices on its once-luxury vehicles....

January 13, 2023, 1:07 pm