LVMH

Consumer

Loser of 2024: The Luxury Market

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Luxury brands were riding the subway instead of lounging in limos this year, though a couple of brands were able to buck the trend.

1 min read

Photo by Moonik via CC BY-SA 3.0

Consumer

Hermès Keeps Up Its Luxury Exceptionalism

Hermès reported financial results on Thursday that showed the scarf and handbag maker is doing pretty well.

1 min read
Photo by Willian Justen de Vasconcellos via Unsplash

Consumer

LVMH’s Core Fashion Division Posts First Sales Drop Since COVID-19

LVMH shares fell 3.7% after it announced that sales at its core division fell for the first time since 2020.

2 min read
Photo by Osarugue Igbinoba via Unsplash

Consumer

Italy Hits Dior and Armani with Antitrust Probe over Working Conditions

Italy’s antitrust agency has opened an investigation into Dior and Armani over allegations of worker exploitation.

2 min read

M&A

LVMH Clocks in With L’Epée 1839 Acquisition as CEO Takes Surprise Stake in Rival

Photo by Jérémy Barande, Ecole Polytechnique Université Paris-Saclay via CC BY-SA 2.0

LVMH Moët Hennessy Louis Vuitton acquired Spiza, the parent of high-end Swiss watchmaker L’Epée 1839, on Monday.

2 min read

Photo by Bastian Riccardi via Pexels

Big Tech

2024: The Year the DOJ Cracked Google

US antitrust enforcement against Big Tech kicked up a gear in 2024 when the DOJ won its case against Google. Does Big Tech need to worry?

2 min read
Photo by Lukas Lehotsky via Unsplash

Big Tech

2024: The Year Big Tech Got into the Energy Game

This year Big Tech got into the energy game in a big way, and if it wants to chase AI it’ll need even more energy in years to come.

2 min read
Photo illustration by Connor Lin / The Daily Upside, Photos by Vlad Yushinov and Choness via iStock

Consumer

Is the Restaurant Industry at the End of an Era?

Across-the-board inflation — including food costs, labor costs, and real estate costs — is pummeling restaurants. Can the industry survive?

6 min read

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