Angelina Rascouet
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Billionaire Pinaults Fight To Pull Gucci Off The Discount Rack
Some investors and analysts are questioning whether CEO François-Henri Pinault is the right man to overhaul Gucci’s parent Kering at this critical juncture.
- Wednesday April 24, 2024
- Author: Angelina Rascouet, Tara Patel
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LVMH Sales Growth Slows Along With Demand For Handbags
LVMH sales growth slowed at the start of the year as wealthy consumers reined in spending on costly Louis Vuitton handbags and Hennessy Cognac.
- Wednesday April 17, 2024
- Author: Angelina Rascouet
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LVMH Sales Growth Slows Along With Demand For Handbags
LVMH sales growth slowed at the start of the year as wealthy consumers reined in spending on costly Louis Vuitton handbags and Hennessy Cognac.
- Wednesday April 17, 2024
- Author: Angelina Rascouet
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Hermès Created Europe’s Biggest Family Fortune After Spurning LVMH
The crown jewel of the $390 billion luxury goods industry, Hermès is thriving thanks to its penchant for doing things its own way.
- Friday December 8, 2023
- Author: Tara Patel, Angelina Rascouet
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Prada Sales Slow Despite Strong Miu Miu Label Performance
Shares of Hong Kong-listed Prada SpA fell 5.4% on Wednesday morning.
- Wednesday November 1, 2023
- Author: Angelina Rascouet
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Tougher Times for Luxury Brands Separate Winners From Losers
The luxury-goods industry’s first slowdown since the pandemic is separating the winners from the losers.
- Wednesday October 25, 2023
- Author: Angelina Rascouet
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LVMH Sales Growth Slows As Global Luxury Demand Cools
LVMH’s sales growth softened in the third quarter as shoppers reined in spending on high-end Cognac and costly handbags, more evidence the post-pandemic luxury boom is waning.
- Wednesday October 11, 2023
- Author: Angelina Rascouet
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Prada To The Moon: Fashion Brand To Work On Next-Generation Spacesuits For NASA
Astronauts on an upcoming NASA mission will head to the moon in style, decked out in Prada spacesuits.
- Wednesday October 4, 2023
- Author: Angelina Rascouet
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France, China To Work On Regulatory Framework For Cosmetics
France and China have agreed to work together on improving the regulatory environment surrounding cosmetics to protect both market access and product safety.
- Saturday July 29, 2023
- Author: Angelina Rascouet
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France, China To Work On Regulatory Framework For Cosmetics
France and China have agreed to work together on improving the regulatory environment surrounding cosmetics to protect both market access and product safety.
- Saturday July 29, 2023
- Author: Angelina Rascouet
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Gucci Owner Acquires Creed to Expand in Luxury Fragrances
Kering SA, the owner of Gucci, agreed to buy perfume maker Creed in an all-cash deal as the luxury conglomerate expands in the market for high-end fragrances.
- Tuesday June 27, 2023
- Author: Angelina Rascouet
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Gucci Owner Acquires Creed to Expand in Luxury Fragrances
Kering SA, the owner of Gucci, agreed to buy perfume maker Creed in an all-cash deal as the luxury conglomerate expands in the market for high-end fragrances.
- Tuesday June 27, 2023
- Author: Angelina Rascouet
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Macron Urges European Strategic Autonomy Amid US-China Tensions
Emmanuel Macron urged Europe to develop more strategic autonomy as a way to avoid the risk of turning EU countries into “vassals” in the event of a global crisis such as a US-China confrontation.
- Monday April 10, 2023
- Author: Angelina Rascouet
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Macron Urges European Strategic Autonomy Amid US-China Tensions
Emmanuel Macron urged Europe to develop more strategic autonomy as a way to avoid the risk of turning EU countries into “vassals” in the event of a global crisis such as a US-China confrontation.
- Monday April 10, 2023
- Author: Angelina Rascouet
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Billionaire Arnault Taps Daughter to Run Dior Amid Shuffle
Bernard Arnault appointed his daughter Delphine to run LVMH’s second-biggest brand Dior as the billionaire continues to elevate his children at key posts in his luxury empire.
- Friday January 13, 2023
- Author: Angelina Rascouet