[ad_1] LONDON, April 21 (Reuters) – French police are involved in an ongoing investigation relating to a probe by EU antitrust regulators into possible violations by European luxury companies, a…
Tag: APRET1
LVMH shares edge higher as sales and profits rise
[ad_1] PARIS, July 27 (Reuters) – LVMH’s (LVMH.PA) shares eged higher on Tuesday after the world’s biggest luxury goods group posted higher sales and profits, driven by surging sales of…
Robinhood is new eye of GameStop storm as outrage grows
[ad_1] Jan 28 (Reuters) – Online broker Robinhood has been one of the hottest venues in this week’s retail-trading frenzy but its sudden curbs on buying of some hot stocks…
Moscow approves sale of Inditex’s Russian business to UAE-based buyer
[ad_1] This content was produced in Russia where the law restricts coverage of Russian military operations in Ukraine MOSCOW, April 5 (Reuters) – The Russian government on Wednesday said it…
UK retail spending soars as economy reopens
[ad_1] UK retail sales rise 9.2% m/m in April, up 42.4% y/y Non-essential shops in England reopened on April 12 Clothing sales jump by 70% on month as socialising resumes…
Fashion boss Cucinelli offers vaccine holdouts 6 months paid leave
[ad_1] MILAN, July 22 (Reuters) – Italian luxury boss Brunello Cucinelli is offering six months of paid leave to a handful of employees who have refused to vaccinate in order…
Sweden’s H&M to lay off 1,500 staff in drive to cut soaring costs and rescue profits
[ad_1] H&M to cut 1,500 jobs as part of cost-cutting drive The firm is challenged by stiff competition and rising costs Books restructuring charge of $75.8 mln in fourth quarter…