LVMH

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US retailer Costco Wholesale dropped 8.10 per cent after the warehouse club retailer reported a fall in quarterly gross margin.

European shares closed lower for a second day on Friday as weak European and Chinese data renewed worries about global growth and sent a pan-European (...)

Belmond owns the Hotel Cipriani in Venice

Luxury goods maker LVMH has agreed to buy Belmond, the owner of hotels including Venice’s landmark Cipriani, for $3.2 billion including debt, to incre(...)

The falling oil price benefitted fuel-dependent travel companies, with Ryanair up 0.52%  to €11.65

US stocks gained as investors focused on the outlook for trade ahead of a meeting between the US and Chinese presidents. US treasuries edged higher an(...)

A Dolce & Gabbana store in Shanghai. The furore over its ads threatened to grow into a setback for one of Italy’s best-known fashion brands in a crucial market. Photograph: Aly Song/Reuters

Chinese ecommerce sites have removed Dolce & Gabbana products amid a spiralling backlash against an advertising campaign that was decried as racis(...)

Overall sales in French cosmetics company L’Oréal totalled €6.47 billion, besting the €6.34 billion forecast by analysts. Photograph: Eric Gaillard/Reuters

French cosmetics group L’Oréal surged after sales of its high-end cosmetics continued to rise in the third quarter, with Chinese demand leading the wo(...)

Bulgari Ireland’s use in the brand’s global tax structures has attracted close scrutiny from tax authorities in  Italy. Photograph: iStock

Bulgari, the Italian jewellery brand whose creations were famously sought after by the actor Elizabeth Taylor, routed more than €1.1 billion of intern(...)

 Photograph: Christophe Morin/Bloomberg

Jameson whiskey performed strongly in the United States and Britain in the first quarter of the year as Irish Distillers owner Pernod Ricard started i(...)

ATMs may become a thing of the past, says Martin Raymond, Irish founder of The Future Laboratory.

Abandoned ATMs are set to be the next phone boxes, tolerance for shop queues will falter, and a tap on the back of the wrist will become the new “bill(...)

Burberry fell 5.6%  along with shares in European luxury goods companies as concerns persisted over a slowdown in China. Photograph: Taylor Weidman/Bloomberg

European shares suffered their biggest fall in a month on Thursday as global stock markets came under pressure from surging bond yields. The pan-Europ(...)

Paris Fashion Week:  Chanel brought the beach to the Grand Palais. Photograph: Christophe Petit Tesson/EPA

As models, celebrities, designers and journalists from around the world jetted to Paris for its women’s fashion week, they must have had a bumpy landi(...)

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