Investors shrugged off a hawkish Fed and hot PPI
Jerome Powell, chairman of the US Federal Reserve, during a roundtable event in York, Pennsylvania, US, on Monday, Oct. 2, 2023. Ryan Collerd | Bloomberg | Getty Images This report …
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Billionaire Bernard Arnault hits back at ‘absurd’ and ‘senseless’ money laundering allegations
World’s top luxury group LVMH head Bernard Arnault presents the group’s annual results 2022 in Paris on January 26, 2023. Stefano Rellandini | AFP | Getty Images Billionaire LVMH CEO …
LVMH boss Bernard Arnault under investigation in Paris over Oligarch transactions
Bernard Arnault, Chairman and CEO of LVMH Moet Hennessy Louis Vuitton, attends a news conference to present the 2022 annual results of LVMH in Paris, France, January 26, 2023. Gonzalo …
Kevin Hart tequila brand Gran Coramino sponsors Philadelphia Eagles
When the Philadelphia Eagles kick off their home opener on Thursday Night Football, the NFL team will also start a new sponsorship deal with Gran Coramino, the luxury tequila brand …
Birkenstock IPO filing warns of knock-offs on Facebook
Nordstrom department store display of Birkenstock sandals at the Shops at Merrick Park, Miami. Jeff Greenberg | Universal Images Group | Getty Images Birkenstock, the iconic sandal maker founded in …
Ozempic-maker Novo Nordisk briefly becomes Europe’s most valuable firm
Denmark’s Novo Nordisk on Friday briefly overtook French luxury goods behemoth LVMH to become Europe’s most valuable company as investors bet on the potential of its weight loss drugs. Novo …
Consumer spending in China bounced back in August, survey finds
Larger-than-life roses are on display in Nanjing, Jiangsu province of China, on Aug. 21, 2023, one day before the Qixi Festival. Vcg | Visual China Group | Getty Images BEIJING …
Trial results of obesity drug Wegovy could potentially expand access to health insurance
A photo illustration in Chicago, Illinois shows a selection of injector pens for the weight loss drug Wegovy. The drug could potentially be covered by more health insurance schemes due …
TAG Heuer’s Rise in the Luxury Watch Market: Bridging the Gap from ‘Barbie’ to Formula 1
TAG Heuer is riding a wave of marketing successes and new launches to grow its market share in the luxury watch world, according to its CEO. The company, which is …