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.
TD Bank was fined more than $3 billion by regulators in October in what’s arguably the biggest banking scandal of the year.
Europe’s bank M&A scene has been noticeably stagnant for a while, but that could all be about to change next year.
The Fed’s September rate cut turbo-charged the stock market, but can the market keep up its bull run for 2025?