Burberry‘s full-year results marked a “meaningful inflection point,” the company said Thursday, as the luxury group reported sales growth boosted by strong demand from its key Americas and China markets. But Burberry stock slipped 6.84% by 11.21 a.m. in London (6:21 a.m. ET) as a weaker performance in Europe and the Middle East weighed on…
Traders work on the floor of the New York Stock Exchange during morning trading on April 20, 2026 in New York City. Michael M. Santiago | Getty Images LONDON — European stocks edged into positive territory on Tuesday as investors gauge developments ahead of the expiry deadline for the two-week ceasefire between the U.S. and…
A woman walks in front of the Gucci store on Fifth Avenue in Trump Tower on February 24, 2021 in New York City. John Smith | Corbis News | Getty Images Luxury stocks tanked early Wednesday after Gucci-owner Kering and Hermes reported first-quarter earnings that disappointed investors amid a conflict in the Middle East that…
Traders work at the New York Stock Exchange on March 2, 2026. NYSE LONDON — European stocks opened higher on Wednesday as markets continue to track the war in the Middle East. The regional Stoxx 600 was up 0.6% shortly after the opening bell. London’s FTSE 100 was up 0.1%, while Germany’s DAX and France’s…
Young people with placards reading “Greenland is not for sale!” take part in a demonstration that gathered almost a third of the city population to protest against the US President’s plans to take Greenland, on January 17, 2026 in Nuuk, Greenland, near the US Consulate to Greenland. Alessandro Rampazzo | Afp | Getty Images LONDON…
A guest wears red knitted Gucci x Adidas sweater, outside Bluemarble, during the Menswear Spring/Summer 2026 show as part of Paris Fashion Week on June 26, 2025 in Paris, France. Claudio Lavenia | Getty Images “Loud luxury” is poised for a comeback as ailing fashion houses attempt to inject a sense of newness and novelty…
The 19-story façade of the Louis Vuitton luxury store stands wrapped in a design reminiscent of their monogrammed trunks in Manhattan, New York City. Spencer Platt | Getty Images News | Getty Images High-end spenders are painting a mixed picture when it comes to the luxury market’s long-awaited recovery, with softer sales still weighing on…
A general exterior view of the Brunello Cucinelli luxury fashion label store in Sloane Street, Knightsbridge on February 17, 2025 in London, United Kingdom. John Keeble | Getty Images News | Getty Images Soaring sales at exclusive Italian fashion line Brunello Cucinelli indicate the super-rich are shrugging off tariff concerns even as lesser luxury brands…
