Consumer Cos Down as Treasury Yields Rise -- Consumer Roundup
Consumer companies fell after comments from Federal Reserve Chair Jerome Powell pushed up Treasury yields.
The Owner of Coach Abandons Its $8.5 Billion Bid to Take Over Versace’s Parent Company
Tapestry, which owns Coach and Kate Spade, and Capri Holdings, which oversees Versace and Michael Kors, have called off their ...
Bernard Arnault, the world's richest person, appoints son to CEO role at LVMH amid leadership shake-up
Alexandre Arnault, the son of LVMH owner Beranrd Arnault, will become the new CEO of Moët Hennessy in 2025.
Tapestry and Capri Terminate $8.5 Billion USD Merger
After the US Federal Trade Commission halted the sale, stating that it would eliminate direct competition in the mid-tier ...
Inside Manolo Blahnik’s First Shanghai Store
Manolo Blahnik has waited a long time to enter the China market. Over five decades (if you go from when the luxury footwear ...
Dolce & Gabbana’s SKIMS collab is the perfect antidote to the luxury slowdown
The luxury industry is in a slump. Dolce & Gabbana's strategy is to create affordable pieces with SKIMS, Kim Kardashian's shapewear label.
No, Sephora Did Not Donate to Donald Trump’s Campaign
U.S. law forbids corporations from making direct donations, and neither Sephora nor its parent company made donations through ...
Louis Vuitton Opens Bold Temporary Store on NYC’s Fifth Avenue
As its Midtown Manhattan flagship gets a multiyear makeover, the short-term space, a half-block away, is nothing to shake a purse at.
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Elle’s Women In Hollywood Issue, SKIMS’ Spotty Designer Collab, Alexandre Arnault’s New Gig, Whoopi for AMI
From SKIMS' new Dolce & Gabbana collaboration to Goop's holiday gift guides, discover all the chic news to know now.
What To Know About Alexandre Arnault—Possible LVMH Successor With Close Celebrity Ties
Arnault, son of Bernard Arnault, one of the world’s richest men and the CEO of luxury goods conglomerate LVMH, has been ...
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LVMH reshuffle sees Jean-Jacques Guiony and Alexandre Arnault take on new roles
LVMH’s management reshuffle continues. Long-time group CFO Jean-Jacques Guiony has been appointed CEO of Moët Hennessy, the ...
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Bernard Arnault Names New Leadership At Moët Hennessy
LVMH chairman and CEO Bernard Arnault has announced new leadership at Moët Hennessy, installing LVMH CFO Jean-Jacques Guiony as CEO of the drinks unit, and naming his son Alexandre Arnault as deputy ...