Luxury brands were riding the subway instead of lounging in limos this year, though a couple of brands were able to buck the trend.
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Hermès reported financial results on Thursday that showed the scarf and handbag maker is doing pretty well.
LVMH shares fell 3.7% after it announced that sales at its core division fell for the first time since 2020.
Italy’s antitrust agency has opened an investigation into Dior and Armani over allegations of worker exploitation.
LVMH Moët Hennessy Louis Vuitton acquired Spiza, the parent of high-end Swiss watchmaker L’Epée 1839, on Monday.
The tight supply of both beans meant trading prices were extremely volatile, and the result was that cocoa almost tripled in price last year.
A portfolio doesn’t have to be just stocks and bonds. You can add something a little more fun, say your favorite vintage baseball cards.
Which way Trump will lean on the issue is difficult to say, though tech companies have worked hard to curry the incoming president’s favor.