Stocks plummet as investors scare early due to China slowdown
Despite positive results and earnings for luxury groups and brands in the first half of the year, in the last few days stocks have been dropping as investors panic.
Despite positive results and earnings for luxury groups and brands in the first half of the year, in the last few days stocks have been dropping as investors panic.
Today in luxury – Lanvin said in talks with Bruno Sialelli for creative role; Has fashion’s licensing of art gone too far?; Gucci boss reassures staff over looming era of slower growth; Daimler CFO to leave after missing out on top job in revamp.
Chinese border agents are reportedly tightening their inspection of goods brought back from overseas, levying hefty customs on luxury products stowed in travelers’ suitcases.
Today in luxury – Luxury investors take fright amid talk of China border crackdown; La Prairie feasts on caviar; Equinox launches luxury travel retreats, starting with Morocco; Tesla’s secret success story: Model 3 is best selling luxury car in America.
The past two years have seen some incredibly tumultuous times for the governments of some of the largest luxury markets in the world.
The past two years have seen some incredibly tumultuous times for the governments of some of the largest luxury markets in the world.
The past two years have seen some incredibly tumultuous times for the governments of some of the largest luxury markets in the world.
The past two years have seen some incredibly tumultuous times for the governments of some of the largest luxury markets in the world.
Fashion group Michael Kors Holdings Limited is moving further into European luxury with its acquisition of Italian fashion label Versace.