Shares of luxury brands are tumbling in a sign consumers' high-end spending spree is over
Shares of LVMH tumbled after weaker than expected earnings this week. BofA estimates luxury good stocks broadly are down 17% from recent highs.

Shares of LVMH tumbled after weaker than expected earnings this week. BofA estimates luxury good stocks broadly are down 17% from recent highs.
We’re gonna try something new starting this season. Welcome to Columbus Blue Jackets Coach Speak. Every so often, we will breakdown what head coach Pascal Vincent had to say on…
PVR INOX on Saturday announced a new initiative 'PVR INOX Passport', a first of its kind movie subscription pass aimed at "irrigating the film industry" and motivating the consumers to frequently...
NEW YORK (PIX11) -- Guardians of Rescue, an organization based in Smithtown, along with law enforcement and animal control rescued several dogs and horses from a backyard puppy mill property in Alabama. The group saved 55 dogs from the puppy mill, including several newborns. The organization claims that the dogs were living in filthy conditions, "with decomposing animal carcasses and [...]
Liberal comedian Bill Maher took the media to task over its coverage equating Israel and the terrorist group Hamas as being "both guilty," something he flatly rejected.
Crews are called to a blaze in an electrical room on board the research ship in Essex.
Hruthik and Prisha take the honours in the under-14 categories
Russia’s permanent representative to the UN, Vassily Nebenzia, has warned that the Middle East is on the brink of a full-fledged war
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Amid IsraelHamas war ExJNU student leader lauds PM Modi Lucky as Indians
THE Louvre in Paris has evacuated all visitors and staff this afternoon after it allegedly received a written bomb threat.
Читать дальше...Stakeholders at a First Bank event have identified the importance of family-owned businesses to the economy of Nigeria, with annual revenue of $200bn.
Defense Minister Todor Tagarev announced that more than 50 military personnel were sent to the Bulgarian-Turkish border in order to strengthen security. The measure is related to a possible new wave of refugees due to the conflict in the Middle East. "This is in addition to the over 300 troops we already had....
An unparalleled wave of violence — believed to be strongly linked with drug cartels — has cast a shadow over the election in Ecuador
Читать дальше...The pizzeria owner was reportedly detained despite apologizing for the advert in a Facebook post.
Only one across the entire city has full marks on the world's largest search engine
Despite the fact that the House GOP caucus has settled on Rep. Jim Jordan (R-OH) as their second choice to become House speaker, after a brief flirtation with Rep. Steve Scalise (R-LA) fell apart, one conservative claims he sees no end to the madness that has mired the party in infighting and chaos.
Читать дальше...Before he was cracking jokes about her appearance and getting slapped, Chris Rock wanted to date Jada Pinkett Smith.
Attendees, who gathered near BBC News' headquarters through the morning, began a march through the British capital ahead of an afternoon rally near parliament and Prime Minister Rishi Sunak's Downing Street office and residence. Some displayed Palestinian flags and placards -- bearing slogans including "freedom for Palestine", "end the massacre" and "sanctions for Israel" -- as they made their way towards the end-point for a series of planned speeches. "I think all just people around the world... Читать дальше...
Mayor Muriel Bowser has selected a former appointee in President Joe Biden's General Services Administration to lead the city's planning and economic development office, filling a position left vacant by the departure of embattled former Deputy Mayor John Falcicchio.
Supercharged Jasprit Bumrah, Mohammed Siraj and Hardik Pandya cracked open Pakistan's dozy batting lineup to help India skittle out arch-rival for 191 in a blockbuster clash in the ongoing 2023 ICC World Cup at Narendra Modi Stadium in Ahmedabad on Saturday.
In an effort to forget his Old Trafford woes, Manchester United winger Jadon Sancho has been spotted partying with Mike Tyson's son, Amir, at a London nightclub