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Watch Valley | Sunday on 60 Minutes
60 Minutes· 2025-12-05 22:28
Industry Overview - Switzerland's Valley Dju is a global manufacturing hub known as Watch Valley [1] - Watch Valley endures old watchmaking methods [1] - Watch Valley produces some of the world's most intricate and expensive time pieces [1] Product Characteristics - Time pieces detailing is at the level of wow [1] - Time pieces are not only beautiful, but also functional [1]
X @Bloomberg
Bloomberg· 2025-12-05 16:46
RT Bloomberg Opinion (@opinion)Chanel’s subway fashion show reveals something really interesting about the luxury market, @AndreaFelsted says 🎥 https://t.co/LZPqBG9Cfk ...
Burberry Names New Supply Chain, Customer Management Executives
Yahoo Finance· 2025-12-05 10:56
Group 1 - Burberry is enhancing its management team with two internal appointments: Matteo Calonaci as chief operating and supply chain officer, and Johnattan Leon as chief customer officer [1][2] - Calonaci will oversee supply chain, planning, strategy, transformation, and data analytics, succeeding Klaus Bierbrauer [2] - Leon will lead customer engagement, service, and retail excellence teams, while managing digital, outlet, and commercial operations [3] Group 2 - Burberry's like-for-like retail sales grew by 2 percent in the second fiscal quarter, surpassing analysts' expectations of flat performance [4] - In the first half, like-for-like retail sales were flat at £854 million, a significant improvement from a 20 percent decline in the same period last year [5] - The chief financial officer indicated that the third quarter has started well, with trends aligning with the second quarter, and anticipates further growth in the second half [5]
Luxury Stocks Set for Revival in 2026 After Rollercoaster Year
Yahoo Finance· 2025-12-05 08:00
Optimism is building that a second-half rally in Europe’s luxury-goods sector can extend into the new year as signs point to better times for the continent’s flagship equity sector. Upbeat third-quarter earnings, a recovering Chinese market and a wave of newly installed creative directors have all spurred confidence that the post-pandemic hangover could soon be over, leading a slew of analysts to turn more positive in recent weeks. Most Read from Bloomberg “We are entering 2026 hopeful that the worst is ...
X @Bloomberg
Bloomberg· 2025-12-05 04:52
A new crop of Chinese gold jewelry brands are attracting investor interest in the wake of Laopu Gold’s breakout success https://t.co/nsfD8WclnJ ...
Succession at LVMH? We don't talk about it, says Arnault's wife
Reuters· 2025-12-04 16:30
Succession plans at luxury giant LVMH are seldom discussed within the controlling Arnault family, according to remarks by CEO Bernard Arnault's wife published in France's Liberation newspaper on Thurs... ...
Gucci Hires Another Automotive Executive as Senior VP of Marketing
Yahoo Finance· 2025-12-04 15:19
GUCCI HIRE: Kering continues to cast its net into the automotive industry. Gucci is naming Giovanni Perosino senior vice president marketing. The appointment is effective Dec. 15. More from WWD Perosino joins Gucci from Maserati, where he has been global chief marketing officer. He has more than 25 years of experience in brand strategy, marketing and communications and has held throughout his career senior leadership roles at Fiat Chrysler Automobiles, Audi, Lamborghini and ITA Airways. Perosino will rep ...
UK's FTSE 100 edges higher as investors assess corporate updates; Burberry rises
Reuters· 2025-12-04 11:43
Group 1 - The UK's FTSE 100 index experienced a slight increase on Thursday, indicating a cautious investor sentiment amid mixed corporate updates and economic data suggesting potential weakness [1] - Burberry's stock price rose following an upgrade in price target by HSBC, highlighting positive sentiment towards the luxury goods sector [1]
Capri Holdings Limited (CPRI) Presents at Morgan Stanley Global Consumer & Retail Conference 2025 Transcript
Seeking Alpha· 2025-12-04 00:13
Core Viewpoint - Capri Holdings is a luxury fashion and accessory brand with a market capitalization of $3 billion, highlighting its significant presence in the industry [1]. Group 1 - The presentation features Jennifer Davis, Vice President of Investor Relations, who introduces the session and the key executives from Capri Holdings, including CEO John Idol and Interim CFO Raj Mehta [1]. - The format of the session is a fireside chat, indicating an informal discussion aimed at engaging the audience [2].
Prada: The Stock That Stands Out In The Luxury Industry (OTCMKTS:PRDSY)
Seeking Alpha· 2025-12-03 21:56
Core Viewpoint - The article expresses optimism about Prada S.p.A. due to its strong brand portfolio, including Miu Miu and Versace, and its attractive valuation [1]. Group 1: Company Analysis - Prada S.p.A. is highlighted for its potential as a value investment, focusing on identifying undervalued stocks with growth potential [1]. - The company is noted for its diverse brand offerings, which contribute to its market strength and appeal [1]. Group 2: Market Context - The analysis reflects a broader trend in the luxury goods market, where brands like Prada are positioned to capitalize on consumer demand [1].