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25.07.25 - 12:36
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LVMH Sales Slide as China and Japan Luxury Demand Slows, Trump Clashes With Powell | The Pulse 7/25 (Bloomberg)
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LVMH sales fell as shoppers reined in purchases of costly Louis Vuitton bags and Dior jackets, a sign the luxury titan remains stuck in its post-pandemic slump.
Revenue at the French group's fashion and leather goods division, its largest unit, dropped 9% on an organic basis in the second quarter, LVMH Moët Hennessy Louis Vuitton SE said in a statement Thursday. That was worse than analysts' estimates for a 7.8% drop.
Elsewhere, Donald Trump downplayed his clash with Federal Reserve Chairman Jerome Powell over cost overruns during a tour of the central bank's renovation project on Thursday, making it clear that he saw the issue of lower interest rates as a more pressing concern.
Today's guests, Angel Ubide, Citadel Global Fixed Income & Macro Economic Research Head, Clemens Fuest, IFO Institute President, Elad Walach, Aidco CEO, Erwan Rambourg, HSBC Consumer & Retail Equity Research Global Head (Source: Bloomberg)...
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10.07.25 - 14:18
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Richemont- und Swatch-Titel mit Spekulationen zu China gesucht (Cash)
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- Die Spekulation über staatliche Anreize in China zur Ankurbelung der Wirtschaft im zweiten Halbjahr haben am Donnerstag die europäische Luxusbranche angetrieben. Für Konzerne wie LVMH, Kering, Hermes und Dior sowie auch für die Schweizer Uhren- und Schmuckkonzerne Richemont und Swatch ist China ein wichtiger Absatzmarkt....
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02.06.25 - 18:24
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Jonathan Anderson: the esoteric designer taking on the mantle at Dior (The Guardian)
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Appointment of Northern Irishman behind Loewe hype machine sets storied fashion house on experimental pathLong before the designer Jonathan Anderson stepped down from his role at Loewe in March, it was rumoured he would be heading for Dior. So when it was finally announced – six months after Dior's menswear designer left, and four days after its womenswear head, Maria Grazia Chiuri, showed a collection in Rome – it surprised no one.Yet Anderson's newfound position at luxury's centre of gravity still sets Dior, a grand fashion institution, careering down an experimental path. As Delphine Arnault, the chair and CEO of Christian Dior Couture, told Vogue Business: “For any house, having new artistic direction can be a challenge.” Continue reading......
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02.06.25 - 13:12
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Dior appoints Jonathan Anderson as sole creative director (The Guardian)
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Northern Irish designer, 40, becomes first to hold complete creative control of fashion house since Christian DiorJonathan Anderson has been announced as the first ever creative director for men's, women's and couture collections at Dior, bringing to an end speculation about the luxury brand's future.The 40-year-old rugby player's son, from County Derry in Northern Ireland, will be the first designer to hold complete creative control of the fashion house since Christian Dior. Continue reading......
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