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Personal luxury goods market to shrink for first time since the 2008 financial crash, research finds
The storefronts of Dolce & Gabbana, Tiffany & Co. and Patek Philippe are seen as people enter Icon Siam, a…
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CNBC Daily Open: Trump kicked off the market rally, but he could also halt it
A trader wears a hat in support of Republican Donald Trump, after he won the U.S. presidential election, at the…
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CNBC Daily Open: Trump supercharged the markets, but his policies could make the rally sputter out
Trader Walter Lundon shows off his shirt featuring US President-elect Donald Trump, on the floor of the New York Stock…
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How Hermès is bucking the global luxury slowdown
French luxury company Hermès has spent nearly 200 years emphasizing quality, scarcity and desirability — a strategy that’s helped it…
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European stocks higher as mining stocks lead gains; Swiss central bank cuts rates
City of London skyline on 10th June 2024 in London, United Kingdom. The City of London is a city, ceremonial…
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CNBC Daily Open: Vaguely reassuring Fedspeak
A television station broadcasts Jerome Powell, chairman of the US Federal Reserve, speaking after a Federal Open Market Committee (FOMC)…
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Luxury stocks slip as fears grow of a prolonged downturn
An advertisement for Hugo Boss AG in Shanghai, China, on Wednesday, May 1, 2024. Bloomberg | Bloomberg | Getty Images…
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