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May 6, 2021

Apparel & Accessories (NEC) (TRBC level 5)

Breakingviews – Capital Calls – LVMH surges back to full health

Reuters
A Louis Vuitton logo is seen outside a store on the Champs-Elysees in Paris, France, September 18, 2020. REUTERS/Charles Platiau MILAN (Reuters Breakingviews) – BLING BOUNCE. LVMH has bounced back with a vengeance from its pandemic sales sickness. The maker of $2,500 Speedy bags and $6,000 Tag Heuer watches on......

Breakingviews – Path out of global tax combat is slowly emerging

Reuters
WhatsApp and Facebook messenger icons are seen on an iPhone in Manchester , Britain March 27, 2017. LONDON (Reuters Breakingviews) – A long slog to make international corporate tax rules fit for the digital age is nearing a breakthrough. Obstacles remain, but a path that gets around them is slowly......

Giorgio Armani could consider an Italian partner: magazine

Reuters
FILE PHOTO: Italian designer Giorgio Armani appears at the end of his Haute Couture Spring/Summer 2016 fashion show for Giorgio Armani Prive in Paris, France, January 26, 2016. REUTERS/Benoit Tessier/File Photo MILAN (Reuters) – Giorgio Armani may consider a joint venture with another Italian company, the founder of the Milanese......

Swiss luxury watchmakers learn to love the pre-owned market

Reuters
ZURICH, April 7 (Reuters) – Swiss luxury watch brands have long considered the market for pre-owned watches as a potential threat to their business, but now their view is shifting as they see it can provide valuable insights into pricing and demand. Initially seen as cannibalising sales of new watches,......

Breakingviews – Capital Calls: LVMH taps Jay-Z for booze revival

Reuters
Shawn “Jay-Z” Carter, a founding partner of Reform Alliance, a newly formed organization to reform the U.S. criminal justice system, speaks during the Reform Alliance launch event in New York City, New York., U.S., January 23, 2019. LONDON (Reuters Breakingviews) – Concise insights on global finance in the Covid-19 era.......

Canada Goose revenue beats estimates on online demand surge

Reuters
FILE PHOTO: A sign of Canada Goose is pictured outside its store in Beijing’s Sanlitun area, China December 15, 2018. REUTERS/Jason Lee (Reuters) – Canada Goose Holdings Inc beat Wall Street estimates for quarterly revenue on Thursday, boosted by surging online sales coupled with growth in demand for the company’s......

Levi Strauss beats quarterly revenue estimates on online strength

Reuters
FILE PHOTO: The Levi Strauss & Co. logo is seen on displays on the floor of the New York Stock Exchange (NYSE) during the company’s IPO in New York, U.S., March 21, 2019. REUTERS/Lucas Jackson (Reuters) – Denim maker Levi Strauss & Co beat analysts’ estimates for quarterly revenue on......

LVMH shares rise after fashion group reports solid fourth-quarter results

Reuters
FILE PHOTO: A Louis Vuitton logo is seen outside a store on the Champs-Elysees in Paris, France, September 18, 2020. REUTERS/Charles Platiau PARIS (Reuters) – LVMH’s shares rose on Wednesday after the French luxury goods group reported resilient fourth-quarter results. LVMH shares were up 1.3% in early session trading, among......

Factbox: LVMH’s jewellery and watches business

Reuters
(Reuters) – French luxury goods group LVMH closed its $15.8 billion acquisition of U.S. jeweller Tiffany on Thursday, installing some of its senior executives to run the business. FILE PHOTO: Jewellery is pictured in the window of a Tiffany & Co. store in the Manhattan borough of New York City,......

Daily Briefing: “Le crunch” | Reuters

Reuters
By Julien Ponthus, Sujata Rao With England beating France in extra time in “le crunch” rugby game on Sunday, British diplomats will be hoping for another win while playing away in Brussels this morning. Post-Brexit trade talks continue but with a EU summit scheduled for Thursday, time is running out......

Black Friday 99%-off sale sparks fears over garment workers’ pay in UK

Reuters
(Thomson Reuters Foundation) – A British fashion retailer offering Black Friday bargain-hunters discounts of up to 99% faced criticism and questions on social media over how it could keep its promises to pay factory workers fairly when charging such low prices. Manchester-based Pretty Little Thing and its parent company Boohoo......

Breakingviews – Corona Capital: Vaccine bargain, UK tech, Luxury

Reuters
By Breakingviews columnists LONDON/HONG KONG (Reuters Breakingviews) – Corona Capital is a column updated throughout the day by Breakingviews columnists around the world with short, sharp pandemic-related insights. A woman holds a small bottle labeled with a “Coronavirus COVID-19 Vaccine” sticker and a medical syringe in this illustration taken, October......

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