{
SCI LVMH

Companies

}
Bulgari CEO anticipates recovery of China's luxury market in two years
Bulgari CEO Jean-Christophe Babin anticipates a recovery in China's luxury market within the next two years as the economy improves. He noted a significant decline in sales at physical stores compared to online channels, which are better positioned to reach customers in smaller cities.
Bloomberg.com
SCI LVMH SCI Bulgari CHN Jean-Christophe Babin
Finance & Economy, Market Report
01:43 07.11.2024
us elections impact markets as investors brace for volatility
U.S. markets experienced declines ahead of the presidential election, with the Dow Jones down 0.61% and the S&P 500 dipping 0.28%. Despite this volatility, historical trends suggest stocks typically rise post-election, although short-term fluctuations may occur. Consumer confidence in equities has reached an all-time high, reflecting optimism amid uncertainty.
CNBC
United States Dollar Chinese Yuan SCI LVMH Lululemon Athletica Inc. NIKE, Inc. Starbucks Corporation Tesla, Inc. adidas AG Apple Inc. USA CHN Alex Harring Christopher Hayes Show more
Finance & Economy, Market Report
08:30 05.11.2024
hermès thrives amid luxury market slowdown with exclusive offerings and strong demand
Hermès continues to thrive amid a global luxury slowdown, driven by the enduring appeal of its Birkin and Kelly handbags, which account for up to 28% of its revenue. Despite a decline in overall luxury spending, Hermès reported double-digit growth in its latest quarter, contrasting sharply with competitors like LVMH and Kering. The brand's focus on quality and exclusivity has attracted high-end consumers willing to spend more per transaction, reinforcing its market position.
CNBC
United States Dollar SCI LVMH Hermes 3 SCI Kering SA Richemont DNS Inc. FRA MCO Jane Birkin Princess Grace Kelly Show more
Finance & Economy, Market Report
13:00 31.10.2024
ubs maintains neutral rating on kering after disappointing third quarter results
UBS has maintained a Neutral rating on Kering shares after the luxury group's disappointing third-quarter results, with a price target set at 227 euros. The broker highlighted a significant 25% decline in retail sales, particularly for Gucci, and a sharp drop in Ebit outlook, which exceeded pessimistic expectations, likely leading to further stock declines in the current market context.
Zonebourse
Euro Kering SA UBS AG SCI LVMH FRA Show more
TradFi, Market Report
11:20 24.10.2024
ubs maintains neutral rating on kering after disappointing third quarter results
UBS has maintained a Neutral rating on Kering shares, setting a price target of 227 euros, following disappointing third-quarter results. The luxury group's sales declined by 25% in retail, particularly affecting its flagship brand, Gucci, and the Ebit outlook has dropped over 10% on consensus, likely leading to further stock declines.
ABC Bourse
Euro Kering SA UBS AG SCI LVMH FRA Show more
TradFi, Market Report
11:19 24.10.2024
ubs maintains neutral rating on kering after disappointing third quarter results
UBS has maintained a Neutral rating on Kering shares, setting a price target of 227 euros, following disappointing third-quarter results. The luxury group's sales declined by 25% in retail, particularly affecting its flagship brand, Gucci, and the Ebit outlook has dropped over 10% below consensus, likely leading to further stock declines.
bourse.fortuneo.fr
Euro Kering SA UBS AG SCI LVMH FRA Show more
TradFi, Market Report
11:19 24.10.2024
apple faces uncertainty as asml warns of gradual recovery in asia
ASML's Q3 orders fell significantly short of expectations, reaching only 2.6 billion euros compared to the anticipated 5.4 billion euros, prompting a cautious outlook for 2025 amid ongoing economic challenges in China. This situation raises concerns about Apple's upcoming results, as China accounts for 20% of its revenue, potentially leading to a test of lower price ranges.
IG
Euro Apple Inc. Asml B.V. SCI LVMH CHN Show more
TradFi, Market Report
13:46 16.10.2024
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