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 popular author and financial advisor weighs in on major market trends of last year, and takes a (speculative) peek ahead.
Many advisors simply don’t have the expertise needed to prepare a firm for the next generation of leadership.
Alico, a major supplier to Tropicana, announced Monday that it is sunsetting its citrus business in the Sunshine State.