Luxury goods

Aquis-listed Incanthera PLC is moving fast as it announces a commercial deal for its high-end skincare range, Skin + CELL.

2024-03-25T13:19:03+0000

Hermes shares hit a new intraday high after the luxury goods maker’s Q4 sales beat estimates. IGTV's Angeline Ong explains why the results from the Birkin bag maker amplifies the positive mood music in the high-end luxury sector.

2024-02-09T12:30:47+0000

British luxury fashion house Burberry has cut its full-year profit forecast. It comes after a poor Christmas trading period and it blames a slowdown in demand for luxury goods and foreign exchange rates.

2024-01-12T10:06:58+0000

A slowdown in demand for luxury goods has stirred FTSE 100-listed Burberry into warning it may not be able to hit sales targets. The board says the “macroeconomic environment has become more challenging”.

2023-11-16T10:00:39+0000

Burberry faces challenges from its rivals, which appear to be growing at a faster pace, ahead of its first-half earnings next week.

2023-11-10T14:07:26+0000

Luxury conglomerate LVMH saw a drop in sales in third quarter (Q3), as demand for handbags moderated and sales for spirits fell after several years of stellar growth.

2023-10-11T09:19:35+0100

We’ve seen stellar gains for luxury stocks Kering and LVMH, but why are fast fashion retailer H&M’s shares sinking? IGTV’s @AngelineOng checks out the stock action.

2023-09-15T13:36:15+0100

Many global firms from Unilever, to Nissan and Coca-Cola have warned of slowing earnings in China, which has rolled out measures recently to boost its flagging economy, but is it enough?

2023-08-07T13:07:35+0100