$MC-FR News

Last published 3mo ago

3mo ago.STOXX SOI-FR AUS-FF AB2A-FF+11The Stoxx 600 just hit a record high – here's what's driving the pan-European indexCNBCEurope's headline index is up 10% in 2026 so far, but below the surface, the sectoral picture is far more nuanced.
5mo agoMC-FR KER-FR RMS-FR CFR-CH+1Luxury stocks spike on proposed U.S.-Iran peace deal; LVMH up almost 5%CNBCLuxury stocks have been hard hit by the Iran war, as the Middle East had been a fast-growing market for the otherwise largely muted sector.
5mo agoBC-IT MC-FR KER-FR'King of Cashmere' CEO on outperforming the luxury slowdown: Don't be greedyCNBCBrunello Cucinelli's success is tied to its ethos of choosing long-term integrity over short-term margin chasing, CEO Riccardo Stefanelli told CNBC.
6mo agoMONC-IT MC-FR KER-FR RMS-FRMoncler shares struggle despite defying luxury's Middle East slumpCNBCMoncler earnings 'smashes' expectations following a series of underwhelming reports from European luxury players last week.
6mo agoMC-FRNaomi Watts wants women to own their menopause journey: 'Why is it so taboo when we are half the population?'CNBCActress and entrepreneur Naomi Watts founded Stripes Beauty with a singular mission: helping women take control of menopause health and aging with confidence.
7mo agoMC-FR ASC-GB ITX-ES SHOP-CA+5'Silent killers': How AI start-ups are trying to solve one of the retail industry's biggest problemsCNBCThe rapid evolution of generative AI has finally made these applications good enough to meaningfully impact retailers' bottom lines.
7mo agoMC-FR META GOOGLItaly investigates Sephora and Benefit over skincare marketing to childrenCNBCItaly's competition authority said the LVMH-owned cosmetic brands Sephora and Benefit used an "insidious marketing strategy" to appeal to tween consumers.
9mo agoKER-FR MC-FR OR-FRGucci-owner Kering jumps 13% as new CEO maps revival, sales beats estimatesCNBCThe luxury group said it sees a return to growth this year even as it posted another quarter of sales declines.
9mo agoMC-FRLVMH shares plummet 7% as fourth-quarter results lag competitorsCNBCLVMH shares plummeted Wednesday after the French luxury conglomerate reported mixed full-year earnings late Tuesday.
10mo agoMC-FR TPR FRCOY TGT+3Uniqlo and Coach are opening cafes — joining longtime coffee players Ralph Lauren and Capital One. Here's why it's become a retail trendCNBCRetailers like Uniqlo and Coach are opening cafes around the world to create an experiential offering that draws in more shoppers and increases brand exposure.
1y ago.RUT .IXIC .SPX MC-FR+6CNBC Daily Open: Strong bank earnings seem to overshadow escalating trade warCNBCWhether traders continue pushing equities to highs amid fractious relations with China will depend, in part, on the earnings of major technology companies.
1y agoMC-FR AMZNFrom ‘cheap food and curry houses’ to upscale dining: The rise of Indian restaurants in the U.S.CNBCUpscale Indian dining in the U.S. has seen a recent boom with restaurants like Semma and Bungalow riding the wave of increased interest in global cuisine.
1y agoULTA MC-FR WMT KSS+1Ulta Beauty raises full-year forecast after reporting growth in all major categoriesCNBCBeauty has remained a hot category for consumers, even as they pull back or watch their spending in other discretionary categories.
1y agoKER-FR BC-IT RMS-FR MC-FR+3'Loud luxury' is back as high-end brands look to reboundCNBCThe sartorial shake-up could herald a new era of large logos, bold branding and distinctive designs dominating catwalks to high streets.
1y agoMC-FR RMS-FR CFR-CH MONC-IT+2Luxury shopper recovery faces four key headwindsCNBCLuxury stocks climbed Friday as investors bet on the emergence of green shoots of recovery within the sector.
1y agoMC-FR undefinedLVMH-backed investor group takes 20% stake in private jet company FlexjetCNBCThe deal highlights the luxury industry's rapid expansion into the experience economy as wealthy consumers increase spending on travel, dining and events.
1y agoCFR-CH JPY MC-FR KER-FRYen weakness finally subdues luxury splurge at Cartier-owner RichemontCNBCThe Swiss luxury group's Japan sales declined 15% year-on-year in the fiscal first-quarter.
1y agoMC-FR TPRHow Coach got its cool backCNBCHow Tapestry's top brand Coach became cool again
1y agoCFR-CH MC-FR KER-FRWealthy shoppers are splashing the cash on jewelry — so long as it's the right brandCNBCThe world's wealthiest are continuing to adorn themselves with the finest jewelry even as broader luxury shoppers pull back.
1y agoMNST SJM HSY GIS+10Proposed SNAP cuts could pressure low-income shoppers — and retailers that serve themCNBCPotential changes to the federal food assistance program could impact millions of U.S. shoppers, retailers and food and beverage companies.
1y agoMC-FRTake a look inside French luxury retailer Printemps' first U.S. storeCNBCPrintemps opened a 55,000-square-foot store in New York City with luxury brands and food concepts, including a restaurant and a café with French pastries.
1y agoRMS-FR MC-FR KER-FR CFR-CH+1Europe's luxury sector is showing signs of revival — but China weakness and tariff threats loomCNBCThe sector had an upbeat earnings season. But continued weakness in China and U.S. tariffs could leave even the most exclusive brands vying for share of pocket.
1y agoMC-FRLVMH watch and jewelry CEOs see luxury sales picking up in 2025CNBCThe CEOs of Tiffany & Co., TAG Heuer and Bulgari and the director of watches for Louis Vuitton weigh in on China sales, tariffs and luxury best-sellers.
1y agoMC-FRWorld's largest luxury group LVMH posts better than feared full-year salesCNBCThe world's largest luxury company LVMH on Tuesday reported better-than-expected full-year sales, in the strongest sign yet of a potential turnaround in the high-end sector.
1y agoMC-FR BRBY-GB KER-FR CFR-CHLuxury goods market to shrink for first time since the 2008 financial crash, research findsCNBCThe personal luxury goods market looks set to face its first slowdown since the Global Financial Crisis, excluding the Covid period, a new report showed Wednesday.
2y agoRMS-FR MC-FR CFR-CH KER-FRHow Hermès is bucking the global luxury slowdownCNBCParis-based luxury house Hermès has reported strong financial results despite a global slowdown that has affected competitors LVMH and Gucci owner Kering.
2y agoFWONA MC-FR NFLXLVMH and Formula One announce 10-year partnershipCNBCLiberty Media-owned Formula One and luxury giant LVMH are entering into a 10-year partnership, according to a joint press release from Wednesday afternoon.
2y agoCPRI TPR M DDS+3Three key questions that will shape whether Coach and Michael Kors owners will mergeCNBCTapestry and Capri, the owners of Coach and Michael Kors, respectively, are in court this week over a federal antitrust challenge of their planned merger.
2y agoBRK.B NVDA TSLA MC-FR+2Top 10 people most likely to reach trillionaire statusCNBCAt least a half-dozen companies have hit the $1 trillion mark and now the question is: Who could be the first individual person to become a trillionaire?
2y agoBRBY-GB .FTSE BOSS-DE KER-FR+1British luxury icon Burberry falls out of financial fashion with FTSE relegationCNBCBritish luxury fashion house Burberry Group dropped out of the U.K.'s FTSE 100 amid mounting pressure on the 168-year-old retailer.
2y agoMC-FR LVMUYBeyoncé launches whiskey line with LVMH's Moët HennessyCNBCAs Moët Hennessy expands in the American whiskey market, SirDavis also serves to honor Beyonce's heritage.
2y agoMC-FRLVMH puts mark on Olympics as luxury brands embrace sportsCNBCThe 2024 Paris Games have seen a luxury touch from Louis Vuitton Moët Hennessy, part of luxury fashion entering the sports world.
2y agoMC-FR TSLA ABNBLVMH CEO Bernard Arnault says Olympics sponsorship honors the spirit of FranceCNBCThe LVMH sponsorship is on display throughout the 2024 Paris Olympic Games, which officially kicks off on Friday.
2y agoRACE-IT RMS-FR MC-FR KER-FR+3The five secrets to Ferrari’s success as a luxury brandCNBCThis year, Ferrari for the first time surpassed Hermès as the most valuable luxury company in the world as measured by stock multiple.
2y agoLEVI MC-FR KSS KTBWestern clothing craze sends sales of denim dresses and skirts soaring, Levi Strauss saysCNBCThe 171-year-old jeans maker said sales of denim skirts, pantsuits and dresses are double last year's rate.
2y agoBABA AMZN GOOG MC-FR+3Alibaba bets on AI to fuel cloud growth as it expands globally to catch up with U.S. tech giantsCNBCAlibaba is betting on international expansion and its AI products to reignite growth at its struggling cloud computing division.
2y agoAMZN NFLX GOOGL MCD+2CNBC Pro Talks: Amazon, LVMH and more — fund manager reveals the consumer stocks to buy right nowCNBCCNBC's Will Koulouris will ask the CEO of Infusive Asset Management how he harnesses the power of the consumer in the next Pro Talks.
2y ago.STOXX GS GSK-GB ROG-CH+4The 11 GRANOLAS stocks power Europe to record highs, drawing Magnificent Seven comparisonsCNBCOver the last 12 months, just 11 stocks made up half of the gains that powered the pan-European Stoxx 600 stock index to a record-high close on Friday.
2y ago.STOXX GS GSK-GB ROG-CH+4The 11 GRANOLAS stocks power Europe to record highs, drawing Magnificent Seven comparisonsCNBCOver the last 12 months, just 11 stocks made up half of the gains that powered the pan-European Stoxx 600 stock index to a record-high close on Friday.
2y agoMC-FRLVMH takes aim at $30 billion watch market with high-end, reinvented piecesCNBCThe luxury giant now has 10 watch brands, including TAG Heuer, Hublot and Zenith.
2y agoPBYI MC-FR LULU PUMA-FF+5Clothing brands failing to eradicate forced labor risk in supply chains, research findsCNBCMany of the world's major fashion brands are failing to combat forced labor in their supply chains, according to a new report.
2y agoRMS-FR BC-IT CFR-CH UHR-CH+4How 'quiet luxury' is subtly taking over investor portfoliosCNBCQuiet luxury was one of last year's biggest viral fashion trends, but unlike other short-lived fads, this one has made its way into investor portfolios.
2y agoMC-FR IEURThis ETF tracking European stocks like LVMH gives U.S. traders access to a global comeback storyCNBC
2y agoMC-FRChina's luxury market is bouncing back with new areas of opportunityCNBCAs China's luxury sales rebound, industry analysts and financial releases from major brands point to new growth opportunities versus pre-pandemic trends.
2y agoMC-FRLVMH shares jump 8% as earnings point to luxury sector resilienceCNBCLVMH shares jumped more than 8% on Friday morning after the world's largest luxury group posted higher-than-expected sales for 2023 and raised its annual dividend.
2y agoWMT JWN TGT LOW+5With Black Friday deals and flashy displays, retailers try to convince reluctant shoppers to spendCNBCRetailers have turned to more and earlier Black Friday deals, and flashy events, to drive sales as consumers are reluctant to spend.
2y agoBRBY-GB MC-FR CFR-CHBurberry shares sink 9% as luxury spending slowdown bitesCNBCBurberry shares plunged 9% on Thursday after the British luxury fashion retailer warned that full-year operating profit will come in at the low end of forecasts
3y agoMC-FRLVMH buys eyewear brand Barton Perreira as it looks to rebound from luxury slowdownCNBCLVMH is buying Barton Perreira as it expands its portfolio in the growing luxury eyewear space and tries to rebound from a recent downturn.
3y agoMC-FRBillionaire Bernard Arnault hits back at 'absurd' and 'senseless' money laundering allegationsCNBCBillionaire LVMH CEO Bernard Arnault has hit back at "absurd and unfounded" allegations of money laundering.
3y agoMC-FRLVMH boss Bernard Arnault under investigation in Paris over Russian oligarch transactionsCNBCThe Paris public prosecutor's office is investigating LVMH CEO Bernard Arnault over financial transactions involving Russian oligarch Nikolai Sarkisov.