Overdone price hikes, the demise of ‘quiet luxury,’ and sluggish European tourism—here’s what Bank of America expects will shape luxury in 2025
We think that like the game of snakes and ladders, 2025 will see many ups and downs for the luxury sector,” Bank of America ...
Richemont stock is surging by the most ever. Other luxury plays are jumping too.
The struggling European luxury-goods sector roared to life Thursday after Richemont reported its highest-ever quarterly sales ...
Stock Market Today: Dow Futures Slip; Investors Dig Into More Bank Earnings
Bank of America and Morgan Stanley earnings are out. Follow along for live updates on stocks, bonds and other markets, including the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite.
Rallying luxury-goods stocks buoy French bourse
The CAC 40 in France was Europe's outstanding performer on Thursday, as its heavy weighting of luxury-goods groups pushed the index up 1.8%. The rally came after Swiss-listed Richemont, whose brands ...
Stock market today: Indexes slip after the best day for stocks since November
Indexes were slightly lower Thursday. Stocks dipped after posting the best day since November on Wednesday, fueled by bank ...