LVMH

Consumer

Loser of 2024: The Luxury Market

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Luxury brands were riding the subway instead of lounging in limos this year, though a couple of brands were able to buck the trend.

1 min read

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Consumer

Hermès Keeps Up Its Luxury Exceptionalism

Hermès reported financial results on Thursday that showed the scarf and handbag maker is doing pretty well.

1 min read
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Consumer

LVMH’s Core Fashion Division Posts First Sales Drop Since COVID-19

LVMH shares fell 3.7% after it announced that sales at its core division fell for the first time since 2020.

2 min read
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Consumer

Italy Hits Dior and Armani with Antitrust Probe over Working Conditions

Italy’s antitrust agency has opened an investigation into Dior and Armani over allegations of worker exploitation.

2 min read

M&A

LVMH Clocks in With L’Epée 1839 Acquisition as CEO Takes Surprise Stake in Rival

Photo by Jérémy Barande, Ecole Polytechnique Université Paris-Saclay via CC BY-SA 2.0

LVMH Moët Hennessy Louis Vuitton acquired Spiza, the parent of high-end Swiss watchmaker L’Epée 1839, on Monday.

2 min read

June 2, 2025, New York, United States: A Wall Street road sign is seen in the Financial District in Manhattan, New York City. (Credit Image: © Jimin Kim/SOPA Images via ZUMA Press Wire) (Newscom TagID: zumaglobalsixteen137558.jpg) [Photo via Newscom]

Banking

Goldman Sachs Taps a New Generation of Leadership Ahead of Deals Boom

The toast of Wall Street has elevated a new generation of executives to run its investment banking and trading operations.

2 min read
Photo via Connor Lin / The Daily Upside

Artificial Intelligence

Mistral CEO Says the Company Wants an IPO

Mistral is among a clutch of privately held AI startups like OpenAI and Anthropic that have seen valuations soar.

1 min read
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Policy & Power

Is Trump Pivoting From a Trade War to an International Tax Fight?

The Trump 2.0 era may have officially begun this week, but the much-hyped tariff-fueled trade war has not. At least, not yet.

2 min read

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