Beyoncé launches whiskey line with LVMH’s Moët Hennessy
Beyoncé at the 2024 iHeartRadio Music Awards held at the Dolby Theatre on April 1, 2024 in Los Angeles, California. Michael Buckner | Billboard | Getty Images Beyoncé is holding …
LVMH Moet Hennessy Louis Vuitton SE
LVMH puts mark on Olympics as luxury brands embrace sports
The 2024 Paris Olympic Games medals are displayed inside a custom-designed trunk manufactured by Louis Vuitton, an LVMH brand partner of the Paris Olympic and Paralympic Games, during a gathering …
Global selloff eases; earnings, U.S. inflation
LONDON — European markets were higher on Friday as a global stock selloff eased and investors awaited a U.S. inflation print. The pan-European Stoxx 600 was last 0.37% higher at …
Chinese shoppers flock to Japan to take advantage of the weak yen
Chuo Ward, Tokyo, Japan – February 23, 2018; Top luxury shopping streets with multi colored neon signs. Ginza avenues are lined with shops of expensive brands and restaurants in the …
Cramer says consumers are frugal, turning from companies without value prices
CNBC’s Jim Cramer on Tuesday discussed consumer behavior, saying many are fed up with high prices of certain companies’ products and services, such as those in the airline or retail …
French stocks face worse to come from political risk, Goldman says
French stocks are likely to take a further beating from political risk in the weeks and months ahead, but the impact will be focused in certain areas, according to strategists …
Alibaba bets on AI to fuel cloud growth as it expands globally
Alibaba Offices In Beijing Bloomberg | Bloomberg | Getty Images Alibaba on Thursday said it expanded its global cloud computing availability, while the head of the unit’s international arm touted …
Richemont shares climb 6% on record full-year sales, new CEO
Shoppers line up to enter a Cartier store, a unit of Cie. Financiere Richemont SA, on Canton Road in the Tsim Sha Tsui area of Hong Kong. Billy H.C. Kwok …
Wegovy maker Novo Nordisk down 4%, heads for worst day since October
Shares of Danish pharmaceutical giant Novo Nordisk slid 4% on Friday, extending a 2.7% loss on Thursday as analysts pored over the details of the firm’s first-quarter results and monitored a potential rival …
Estee Lauder is punished for its light guidance. Here’s why we are not joining the sellers
Estee Lauder tumbled Wednesday as investors focused on the company’s weak fiscal fourth-quarter outlook instead of its strong third-quarter numbers. We’re looking deeper and believe that business fundamentals and profit …