Luxury brands are experiencing difficulties in their recoveries in European and Chinese consumer markets. Former Chairman of LVMH North America Pauline Brown — LVMH (MC.PA) owns high-end brands like Christian Dior, Louis Vuitton, and Marc Jacobs — sits down with Yahoo Finance Live to discuss factors accelerating spending from select segments of luxury consumers. "The reality is there is some shift going on in terms of experiences versus goods, and what is a really interesting trend which I'm going to continue to watch are the bigger luxury brands going into hospitality. For example, Vuitton will be opening its first-ever hotel in Paris — Vuitton Hotel," Brown says. She goes on to comment on bifurcation from Chinese customers stemming from the overall quality of brands. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Luke Carberry Mogan.
In this article, we will look into the 20 most carbon-productive companies in the world. If you want to skip our detailed analysis, you can go directly to the 5 Most Carbon Productive Companies in the World. Global Carbon Emissions Outlook According to a report by the International Energy Agency, global carbon dioxide emissions increased […]
Kering - Statement Number of Shares and voting rights - 15.02.2024 KeringSociété anonyme with a share capital of €493,683,112Head office: 40, rue de Sèvres – 75007 PARIS552 075 020 RCS PARIS February 19, 2024 Monthly statementon the total number of shares and voting rights(articles L.233-8 of the French Commercial Code and 223-16 of the General Regulation of the French Financial Markets Authority (AMF – Autorité des Marchés Financiers) Date Total number ofshares Total number of voting rights the