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The dollar is gaining against the euro and other currencies, driving down the costs of chocolate, roses, and champagne. What's not to love?
Commodities lent support to London's stock markets but benchmarks were down across the board
U.S. luxury retailers are scheduled to report financial results for the holiday quarter in coming weeks.
European stocks were mixed on Friday as Tesco jumps and German automakers drop.
And it's mostly because of liquor sales.
China sees full-year GDP grow at its slowest rate in more than a quarter of a century.
Tiffany is looking even better after luxury company Richemont reported a sizable sales increase for the Christmas season.
Of course Kate Spade will be sold and others are likely to follow.
Life as wholesale brands know it is on the verge of being blown to pieces.
Oppenheimer said Ulta is on the offensive this holiday season through in-store investments, higher marketing spending and partnerships, as RBC's annual survey indicated positive holidays for the beauty retailer.
Coach is said to have approached Burberry multiple times, but merger talks are no longer taking place.
The French spirit maker buys boutique whiskey brand Westland Distillery.
A strengthening Chinese economy has led to a return of strong demand for luxury goods in the country.
Kering, LVMH and Hermes could benefit from accelerated sales if Chinese growth stays on course.
U.K. stocks are buoyed by retail sales at a 14-year high, prompting a resurgence of consumer and real estate stocks.
Hugo Boss says it will focus on two core brands, but fruit of restructuring will only come in 2018.
The Estée Lauder and Too Faced deal is expected to close by the end of December.
European luxury and consumer group are tapping the $120 billion skin care market to boost quarterly earnings.
More and more millennials are converting into cognac drinkers sending Hennessy sales skyrocketing.
Burberry gets a boost from the falling pound, but shares are on track for the biggest one-day decline in a year.
LVMH (LVMUY) is saying 'no thank you' to selling its luxury products on e-commerce giant Amazon.com (AMZN).
With U.S. stocks sliding for the third straight day, European shares gave back early gains to close in the red.
Rebounding consumer confidence and steady retail sales growth lift consumer discretionary stocks in London.
Revenue grows at 6% on an organic basis, bucking the trend among European luxury firms.
LVMH props up luxury goods makers and sees shares rise more than 4%.
The luggage maker, known for the distinctive parallel grooves on its products, had revenue last year of more than $447 million.
The French group will post growth of more than 10% despite a stalled luxury market, the analysts say.