Luxury Sector Cut at Barclays, Deutsche Bank on China Woes
Luxury-goods companies face the risk of disappointing sales growth in China that will weigh further on their stock
2023-09-14 19:16
AMC Raises $325 Million Selling Stock Ahead of Taylor Swift Film
AMC Entertainment Holdings Inc. raised about $325.5 million through the sale of 40 million shares, a move that
2023-09-14 10:18
Intel Rides Made-in-America Wave to Big Stock Gain
After years of disappointing investors, Intel Corp. shares are showing signs of life. The best performer in the
2023-09-13 22:28
From $1 Billion to Almost Worthless: Faze Clan Runs Out of Hype
Three months after its July 2022 debut on the Nasdaq, FaZe Holdings Inc. threw an exclusive party at
2023-09-13 18:25
Campari Shares Surged More Than 520% Under Retiring Veteran CEO
Spirits maker Campari saw its shares rise more than 520% under the 16-year tenure of retiring Chief Executive
2023-09-12 19:47
The Big Bet on Luxury Stocks Stumbles on Inflation, China Woes
Problems are stacking up for Europe’s hottest sector. A warning from the chairman of Cartier-owner Richemont that stubborn
2023-09-10 16:20
Pinault’s Hollywood Deal Caps Buying Spree Worth Billions
Francois-Henri Pinault, scion of the billionaire French clan that controls a global fashion empire, leapt into a Hollywood
2023-09-09 14:45
Bernard Arnault Has Spent €215 Million Buying Dip in LVMH Stock
Billionaire Bernard Arnault has bought €215 million ($230 million) of LVMH shares since the luxury conglomerate’s disappointing earnings
2023-09-08 22:49
Pinault to Buy Majority Stake in Talent Agent CAA
French billionaire Francois Pinault’s holding company Artémis agreed to buy a majority stake in the Hollywood talent giant
2023-09-08 15:26
NFL-Backed New Era Cap Secures $600 Million Term Loan Amid IPO Speculation
For over a century, New Era Cap has reined as one of the most recognizable names in hatmaking.
2023-09-08 03:52
Chando Cosmetics Maker Jala Weighs $500 Million Hong Kong IPO, Sources Say
Jala Group, a Chinese cosmetics and skincare brand, is considering an initial public offering in Hong Kong that
2023-09-07 20:47
Raymond Ackerman, Founder of South Africa’s Pick n Pay, Dies at 92
Raymond Ackerman, who built Pick n Pay Stores Ltd. up from scratch into one of South Africa’s biggest
2023-09-07 15:21