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Should you tap luxury goods etfs amid economic slowdown?

Luxury stocks have historically proved resilient during economic slowdown due to superior pricing power, which contributed to high margins and strong ...

September 8, 2023, 3:02 pm

Buy good companies when they are down: morgan stanley's andrew slimmon

CNBC's Robert Frank with Andrew Slimmon, senior portfolio manager at Morgan Stanley Investment Management, join 'The Exchange' to discuss U.S.-China...

September 8, 2023, 2:58 pm

Rh warns high mortgage rates will crimp luxury housing market, hurt furniture sales

RH (RH) shares sank more than 14% in midday trading after the high-end home furnishings retailer posted lower-than-expected guidance as rising mortga...

September 8, 2023, 1:40 pm

Why rh stock is down today

RH met expectations for the quarter, but weakness in the luxury retail market is clearly having an impa...

September 8, 2023, 12:01 pm

Rh warns that luxury housing will remain challenging amid higher mortgage rates

Luxury furniture retailer RH on Thursday reported second-quarter results that topped estimates, but management warned that the higher-end housing mark...

September 7, 2023, 4:53 pm

Rh 2q financial results beat estimates; stock slides on mixed outlook

RH (NYSE:RH), the parent company of Restoration Hardware, after Thursday's close reported second quarter 2023 revenue of $800 million, down from $992...

September 7, 2023, 4:46 pm

Chart of the day: ozempic maker novo nordisk overtakes lvmh to become the biggest company in europe

Novo Nordisk is now the biggest company in Europe with a valuation of more than $425 billion. The biotech company has taken over...

September 6, 2023, 11:44 am

Luxury watch market to capture a cagr of 5.30% between 2023 and 2032 while touching approximately usd 68.2 billion by 2032-end – report by market research future (mrfr)

Luxury Watch Market Research Report Information by Product (Electronic and Mechanical), by Distribution Channel (Offline and Online) and By Region (No...

September 6, 2023, 11:36 am

Why toyota motor stock popped today

Toyota just unveiled the 2023 version of its ultra-luxury Century "chauffeur" vehicle. The Century will feature plug-in hybrid technology....

September 6, 2023, 11:19 am

Home bed linen market anticipated to be valued at us$ 40.7 billion by 2031| transparency market research inc

The trend of using luxury bed linen is also growing as consumers opt for more comfortable and durable p...

September 6, 2023, 11:06 am

Ev stock lucid picks up a new rating. it isn't a buy.

Baird analyst Ben Kallo launched coverage of Lucid stock with a Hold rating and $7 price target. He sees “a challenging near-term setup” for the m...

September 6, 2023, 9:30 am

The lvmh playbook: crafting luxury's gold standard with acquisitions and craftsmanship

LVMH has a strategic advantage in the luxury market due to its successful acquisitions and ability to e...

September 6, 2023, 6:38 am

Business is booming for the maker of weight-loss drugs wegovy and ozempic — so much so that it is threatening luxury giant lvmh's crown as europe's most valuable firm

Novo Nordisk has been trading places with LVMH for the title of Europe's most valuable company. The Danish pharmaceutical giant makes the buzzy weight...

September 5, 2023, 6:32 am

Novo nordisk is now europe's biggest company, driven by weight-loss drug. how eli lilly could benefit.

The pharma company's Wegovy medication helps it overtake luxury goods maker LVMH, with a market value o...

September 5, 2023, 5:06 am

Auckland bus crashes into mercedes-benz g wagon and tesla on dominion rd: bus driver rushed to hospital in serious condition

A double-decker bus has crashed into two luxury cars on Auckland’s Dominion Rd after the driver suffe...

September 5, 2023, 3:59 am

Qualcomm to supply bmw and mercedes with chips for displays, voice features

U.S. semiconductor company Qualcomm on Tuesday said it will supply chips to power in-car infotainment systems to...

September 5, 2023, 3:11 am

Xenia hotels & resorts: undervalued, but risk outweighs potential reward

Xenia Hotels & Resorts is a hospitality REIT focused on luxury and upper upscale hotels and resorts. Th...

September 4, 2023, 4:36 am

Demand for teak decking in luxurious marine vessels to push sales past us$ 1,366.1 million by 2033 | future market insights, inc.

According to Future Market Insights (an ESOMAR-certified market research organization and a member of the Greater New York Chamber of Commerce), the g...

September 4, 2023, 12:30 am

Mercedes to release a smaller version of its g class luxury suv

Mercedes plans to launch a smaller version of its high-end G Class sports utility vehicle but did not give a specific date for its release....

September 3, 2023, 2:02 pm

Across connecticut, buyers are paying record prices for luxury homes

As papers were finalized this summer on the record purchase of the waterfront Copper Beech Farm estate in Greenwich, sales of high end homes were also...

September 3, 2023, 9:44 am


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