Kering Shares Plunge 12% on Stoxx 600 As Gucci Slump Deepens in Q3
Shares in Kering dropped as much as 12% in early trading on Friday after the Gucci owner reported third-quarter results that showed its flagship brand still going backwards. The fall left the stock at the bottom of the pan-European Stoxx 600 and took its losses over twelve months to 43%. Group revenue for the three […]
Europe’s Six Biggest Luxury Groups Have Lost €251 Billion In Value This Year
The combined market capitalisation of LVMH, Hermès, Kering, Richemont, Prada and Moncler has dropped by €251 billion since the start of the year, according to Financial Times calculations. LVMH has taken the largest hit at €131.6 billion, followed by Hermès at €93.3 billion. The Hermès figure stands out because the Paris house has long been […]
Porsche Is Building 15 One-Off Cars Worth Up To $15 Million Each
Porsche’s bespoke division is working on 15 one-off commissions, with individual prices running from just under $2 million to about $15 million. The figures come from Alexander Fabig, who oversees individualisation and the company’s classic business. The scale of the projects is the point. Sonderwunsch, Porsche’s special-wish programme, has until now been best known for […]
Loro Piana Opens Biggest-Ever Manufacturing Investment in Italy’s Piedmont Region
Loro Piana has inaugurated an 8,000-square-metre knitwear facility in Italy’s Piedmont region in what represents the luxury brand’s largest investment since its creation. The new plant in Ghemme is dedicated to knitwear, one of the foundations of Loro Piana’s business, and represents an investment of several tens of millions of euros. The facility forms part […]
Donatella Versace And Revolve Launch New Fashion And Beauty Venture
Donatella Versace has joined forces with US-listed fashion retailer Revolve Group to launch a new fashion and beauty business aimed at younger luxury and contemporary fashion consumers. The joint venture will combine Versace’s creative and cultural influence with Revolve’s digital retail infrastructure and established following among millennial and Generation Z shoppers. The new business is […]
Why Choose a Custom Line Yacht for Your Next Purchase ?
For those contemplating a significant investment in the world of luxury yachting, the decision to acquire a vessel is often driven by a desire for unparalleled comfort, bespoke design, and reliable performance. When faced with the myriad of options available, many discerning buyers ultimately choose Custom Line for its distinct blend of Italian craftsmanship and personalized superyacht […]
Daizen Maeda: The Family and Wife Behind Celtic’s Speed Machine
Daizen Maeda has become one of Celtic’s most dynamic attacking weapons, but away from Celtic Park the Japanese international keeps a life that is markedly more private than his blistering pace on the pitch might suggest. Early Life and the Meaning Behind His Name Born on 20 October 1997 in Taishi, Osaka, Maeda’s very name […]
Howie Roseman’s Net Worth in 2026: What We Know About the Eagles GM’s Fortune
Howie Roseman’s net worth has increased significantly in recent years amid his continued success. Howie Roseman has built a reputation as one of the most effective front-office minds in the NFL, and that success has fans and football business analysts increasingly curious about what it’s translated to financially. As with most NFL executives, there’s no […]
Who Was Chris Cuomo’s First Wife: Why Many Names Are Floated
Search this question online and you’ll find a surprisingly messy tangle of conflicting names — some sites will tell you Karen McCollum, others Kerry Kennedy, others Martha Ruf or Kathleen Brennan, describing supposed early marriages that ended in divorce after a year or two. Nearly all of this is unreliable, recycled content with no real […]
Canada’s Tourism Freeze on US Destinations: Inside the Cross-Border Travel Boycott
Canada called for a tourism freeze to US tourist destinations following a trade war with Washington. What began as scattered frustration over tariffs and political rhetoric has hardened into one of the most sustained tourism boycotts in modern memory. Canadian travel to the United States has now declined for well over a year straight, and […]