Skip to main content

Latest

investment ideas
LVMH tumbles as French luxury group’s sales growth slows
A Louis Vuitton logo is seen outside a store on the Champs-Elysees avenue in Paris, France, June 27.
world
LVMH strikes Paris Olympic Games sponsorship deal
(FILES) World's top luxury group LVMH's logo is displayed during the presentation of the group's annual results 2022 in Paris on January 26, 2023. LVMH group announced on July 24, 2023, that it was the sixth premium partner for the Paris 2024 Olympic Games, allowing the comittee to almost reach their objective of 1.24 billion euros in partnerships. (Photo by Stefano Rellandini / AFP) (Photo by STEFANO RELLANDINI/AFP via Getty Images)
opinion
French paradox: The land of luxury loathes its rich
Konrad Yakabuski
investment ideas
Europe’s luxury stocks have room to rise, but becoming costly
A logo of Dior fashion brand is seen outside a Dior store in Paris, France, January 27, 2023.
international business
LVMH names new Louis Vuitton CEO, puts Bernard Arnault’s daughter in charge of Dior
FILE PHOTO: A logo of LVMH is seen at its exhibition space, at the Viva Technology conference dedicated to innovation and startups at Porte de Versailles exhibition center in Paris, France June 15, 2022. REUTERS/Benoit Tessier
international business
Shares in global luxury goods groups rise after China further eases some COVID-19 restrictions
FILE PHOTO: A logo of LVMH is seen at its exhibition space, at the Viva Technology conference dedicated to innovation and startups at Porte de Versailles exhibition center in Paris, France June 15, 2022. REUTERS/Benoit Tessier
energy and resources
LVMH to turn off lights earlier at night in French stores as part of energy-saving measure
A logo of LVMH is seen at its exhibition space, at the Viva Technology conference dedicated to innovation and startups at Porte de Versailles exhibition center in Paris, France June 15, 2022. REUTERS/Benoit Tessier
european business
Luxury group LVMH beats expectations as pandemic recovery continues
A logo of LVMH is seen at its exhibition space, at the Viva Technology conference dedicated to innovation and startups at Porte de Versailles exhibition center in Paris, France June 15, 2022. REUTERS/Benoit Tessier
world
Star designer Virgil Abloh dies of cancer after private battle, LVMH says
FILE PHOTO: Designer Virgil Abloh appears at the end of his Fall/Winter 2019-2020 women's ready-to-wear collection for his label Off-White during Women's Fashion Week in Paris, France, February 28, 2019. REUTERS/Stephane Mahe
european business
Stellar Louis Vuitton growth powers strong rebound at LVMH
People queue outside a Louis Vuitton store in Mayfair in London, Monday, April 12, 2021. Millions of people in England will get their first chance in months for haircuts, casual shopping and restaurant meals on Monday, as the government takes the next step on its lockdown-lifting road map. (AP Photo/Alberto Pezzali)
european business
LVMH-backed fund buys majority stake in Birkenstock
A sign featuring the logo of Birkenstock hangs outside an outlet in Paris on February 26, 2021. - Germany's unabashedly frumpy but comfortable flat sandal maker Birkenstock stepped into the luxury league, with an LVMH-backed company and the French group's billionaire owner snapping up the iconic brand. No details were given about the sum paid by LVMH-linked equity firm L Catterton and Bernard Arnault's family holding fund Financiere Agache, but analysts have put the price tag at around 4.0 billion euros (USD4.9 billion). (Photo by Alain JOCARD / AFP) (Photo by ALAIN JOCARD/AFP via Getty Images)
international business
LVMH reportedly tells Tiffany employees to return to office in March
FILE PHOTO: People walk past a Tiffany & Co. store in the Manhattan borough of New York City, New York, U.S., September 10, 2020. REUTERS/Carlo Allegri/File Photo
style
Good times for vintage watches: Collectors track down the perfect timepiece during a pandemic
Heuer Monaco_1133_8.jpg
international business
LVMH shares rise after French fashion group reports solid fourth-quarter results
FILE PHOTO: People walk past a Louis Vuitton store on the Champs-Elysees in Paris, France, September 18, 2020. REUTERS/Charles Platiau
european business
Thriving Louis Vuitton offsets drop in sales at luxury group LVMH
FILE PHOTO: People walk past a Louis Vuitton store on the Champs-Elysees in Paris, France, September 18, 2020. REUTERS/Charles Platiau
u.s. business
LVMH plans to overhaul Tiffany with focus on gold and precious gems
FILE PHOTO: A Tiffany & Co store is pictured in the Manhattan borough of New York City, New York, U.S., September 10, 2020. REUTERS/Carlo Allegri
international business
LVMH shakes up Tiffany management as $16-billion acquisition closes
(FILES) In this file photo taken on October 27, 2019 people walk past the headquarters of luxury jewelry and specialty retailer Tiffany & Co on 5th Avenue in Manhattan in New York City. - LVMH and Tiffany have revived talks to try to resuscitate their merger, which has been on shaky ground since late summer, a person close to the talks said October 27, 2020. (Photo by Johannes EISELE / AFP) (Photo by JOHANNES EISELE/AFP via Getty Images)
u.s. business
Tiffany shareholders back LVMH takeover in end to long-drawn dispute
FILE PHOTO: A Tiffany & Co. logo is seen outside a store in Paris, France, September 18, 2020. REUTERS/Charles Platiau
style
Creative director Reed Krakoff on the separation of luxury and formality, and the beauty of longevity
Illustration of Reed Krakoff for Pursuits Q&A column
report on business
Canada Goose expects Europe’s COVID-19 lockdowns to hamper sales; shares fall
Canada Goose Holdings Inc. reports its first-quarter loss nearly doubled to $50.1-million as the clothing company's revenue plunged 63 per cent from a year earlier due to the impact of the COVID-19 pandemic. Employees work with Canada Goose jackets at the Canada Goose factory in Toronto on April 2, 2015. THE CANADIAN PRESS/Nathan Denette
u.s. business
LVMH and Tiffany end luxury battle, cut price on $16-billion takeover
FILE - In this Nov. 25, 2019 file photo, people walk past a Tiffany jeweler shop on the Champs Elysees avenue in Paris. LVMH and Tiffany have worked through their differences, with the famous jewelry company agreeing to be purchased by the luxury goods company for slightly less than what they initially agreed on. (AP Photo/Michel Euler, File)
international business
Tiffany and LVMH agree on lower price for takeover, sources say, potentially ending legal dispute
(FILES) In this file photo taken on October 27, 2019 people walk past the headquarters of luxury jewelry and specialty retailer Tiffany & Co on 5th Avenue in Manhattan in New York City. - LVMH and Tiffany have revived talks to try to resuscitate their merger, which has been on shaky ground since late summer, a person close to the talks said October 27, 2020. (Photo by Johannes EISELE / AFP) (Photo by JOHANNES EISELE/AFP via Getty Images)
international business
Tiffany and LVMH reportedly in talks to settle legal battle over $16-billion deal
FILE PHOTO: A Tiffany & Co. logo is seen outside a store in Paris, France, September 18, 2020. REUTERS/Charles Platiau
u.s. business
Tiffany touts recovering sales as legal battle with LVMH drags on
Exterior photos of the Tiffany store at 150 Bloor St. West, is photographed on Sept 9 2020. LVMH has pulled out of a deal to take over the well known jewellery store.
european business
LVMH set to win EU antitrust approval for troubled Tiffany deal, sources say
Exterior photos of the Tiffany store at 150 Bloor St. West, is photographed on Sept 9 2020. LVMH has pulled out of a deal to take over the well known jewellery store.
world
Japanese fashion designer Kenzo Takada dies from COVID-19
(FILES) This file photo taken on June 2, 2016 shows Japanese fashion designer Kenzo Takada smiling after being awarded Chevalier de la Legion d'Honneur (Knight of the Legion of Honour) by President of the French Constitutional Council, in Paris. - Japanese designer Kenzo Takada has died at the age of 81, from the novel coronavirus, Covid-19, his spokesperson announced in Paris on October 4, 2020. Takada was the founder of the French luxury fashion house Kenzo, founded in 1970 and owned by parent company LVMH. (Photo by Geoffroy Van der Hasselt / AFP) (Photo by GEOFFROY VAN DER HASSELT/AFP via Getty Images)
u.s. business
LVMH calls Tiffany’s prospects ‘dismal’ as war of words escalates
FILE PHOTO: A sign of Tiffany & Co. store is pictured in the Manhattan borough of New York City, New York, U.S., September 10, 2020. REUTERS/Carlo Allegri//File Photo
international business
U.S. judge fast-tracks Tiffany’s case on $16-billion LVMH deal, sets January trial
FILE PHOTO: People walk past a Louis Vuitton store on the Champs-Elysees in Paris, France, September 18, 2020. REUTERS/Charles Platiau
international business
LVMH and Tiffany wrangle over court dates after acquisition turns sour
FILE PHOTO: Workers are seen behind the logo of U.S. jeweller Tiffany & Co. at a store at the Bahnhofstrasse shopping street in Zurich, Switzerland September 9, 2020. REUTERS/Arnd Wiegmann
streetwise newsletter
Streetwise newsletter: Best reads of the week
HAMILTON, SEPT 2, 2020 - Shoppers walk outside the internet, television, home phone provider, Cogeco location in LimeRidge Mall in Hamilton on September 2, 2020. Altice USA makes 7.8 billion dollar offer for Cogeco while agreeing to sell Cogeco’s Canadian Assets to Rogers Communications. Glenn Lowson photo/The Globe and Mail
advisor stocks
Why it pays to take a barbell approach amid the COVID-19 pandemic
FILE -- Shoppers wait to enter a Costco in Livermore, Calif., on April 10, 2020. While government statistics say inflation is low, the reality is that the cost of living has risen during the pandemic, especially for poorer Americans. (Max Whittaker/The New York Times)
opinion
Tiffany & Co. falls victim to pandemic forces that have killed takeover deals worth billions
Jeffrey Jones
european business
LVMH to countersue Tiffany in fight over troubled takeover
(FILES) In this file photo taken on March 27, 2020 A man on a delivery bike rides past a closed Tiffany & Co store near Fifth Avenue on March 27, 2020 in New York City. - Shares of Tiffany were under pressure for a second straight session June 3, 2020 following a report that its deal to be acquired by LVMH may be coming apart. Tiffany's stock was down 0.6 percent in mid-morning trading at $116.32 after shares dropped nine percent on June 3, 2020. Fashion publication Women's Wear Daily reported that the French luxury giant was reevaluating the $16.2 billion Tiffany acquisition previously seen as worthy investment to bolster the company's US presence. (Photo by Angela Weiss / AFP) (Photo by ANGELA WEISS/AFP via Getty Images)
european business
LVMH drops $16-billion Tiffany deal, setting stage for legal dispute
FILE PHOTO: The logo of U.S. jeweller Tiffany & Co. is seen at a store in Nice, France, October 27, 2019. REUTERS/Eric Gaillard
u.s. business
Tiffany quarterly sales fall 29% as COVID-19 hammers demand for luxury goods
FILE PHOTO: A child wearing a face mask runs past stores of Tiffany & Co and Miu Miu, as the country is hit by an outbreak of the novel coronavirus, in Beijing, China February 20, 2020. REUTERS/Tingshu Wang/File Photo