Western boot sales on the rise since ‘Cowboy Carter’
Beyoncé leaves the Luar fashion show at 154 Scott in Brooklyn during New York Fashion Week on Feb. 13, 2024. James Devaney | GC Images | Getty Images Western boots…
Stocks making the biggest moves premarket: RDDT, NKE, FDX
Check out the companies making headlines before the bell. Nike — The stock slumped 6.2% after the iconic sneaker brand reported slowing growth in China in its fiscal 2024 third…
Stocks making the biggest moves midday: NKE, LULU, FDX, BROS
Check out the companies making headlines in midday trading. Nike — The sneaker brand fell 7% after the company gave a soft outlook for the full year and reported that…
Kering issues luxury profit warning, Gucci sales to plunge 20%
A Gucci store at Harbour City shopping mall, operated by Wharf Holdings Ltd., in Hong Kong, China, on Friday, June 2, 2023. Bloomberg | Getty Images Shares of French luxury…
GRANOLAS stocks power Europe to record highs, drawing Magnificent 7 comparisons
The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, January 19, 2024. Staff | Reuters Over the last 12 months, just 11 stocks…
LVMH luxury watches at Watch Week in Miami
Luxury giant LVMH is making a push to gain share of the global luxury watch business, with a newly formed watch division and an array of new, higher-priced models. Sales…
Novo Nordisk hits $500 billion in market value as it flags soaring demand for Wegovy, Ozempic
Liselotte Sabroe | Afp | Getty Images Novo Nordisk on Wednesday reported better-than-expected 2023 earnings, as sales of its wildly popular anti-obesity and diabetes drugs continued to soar. The maker…
How ‘quiet luxury’ is subtly taking over investor portfolios
VIENNA, AUSTRIA – NOVEMBER 25, 2022: Karin Teigl is seen wearing Hermès yellow leather mini Kelly, Baum & Pferdgarten green leather jacket, Lumina beige cropped turtleneck sweater and vintage checked…
This ETF tracking European stocks like LVMH gives U.S. traders access to a global comeback story
Europe’s equivalent to the S & P 500 Index, the STOXX 600 Index, broke out to a new 52-week high last week, helped by an earnings-driven breakout from bellwether LVMH…
These luxury stocks won’t lose their luster even as sales growth slows
The binge on designer brands is over. After three years of record growth, luxury companies are feeling the pain as sales slow to a more normal pace. On Friday, an…