路易威登（Louis Vuitton）近日发客户信称，发生客户资料外泄事件，近42万名香港客户受影响。外泄的资料涉及客户姓名、护照号码、出生日期、地址、电邮地址、电话号码、购物记录和产品喜好资料。香港个人资料私隐专员公署表示已根据既定程序对LVHK展开调查，包括事件是否涉及延误通报。外汇交易员 (@myfxtrader):法国奢华珠宝品牌卡地亚（Cartier）遭遇数据泄露事件网传卡地亚邮件显示，近期有未经授权者进入公司系统并获取客户数据，泄露的数据包括客户姓名、出生日期等，但不涉及密码、信用卡或银行信息等。卡地亚客服称，消息属实，但泄露事件并非只涉及中国市场，而是涉及全球市场的部分卡地亚顾客。 ...

Data Breach Incident - Louis Vuitton suffered a data leak affecting approximately 419,000 customers [1] - Hong Kong's privacy watchdog is investigating the data leak [1] Cybersecurity Concerns - Louis Vuitton is experiencing a series of cyber attacks across its key markets in recent months [1]

Business Strategy - De Beers's CEO aims to protect a generation from a "huge con" in diamond buying [1] - The company seeks to rescue its brand from a concerning decline [1]

Business Strategy - De Beers's CEO aims to protect a generation from a "huge con" in diamond buying [1] - The company seeks to rescue its brand from a concerning decline [1]

Summary of Key Points from the Conference Call Industry Overview - **Chemicals and Industrials**: The chemicals sector experienced five profit warnings for FY25 from companies including BASF, Brenntag, Covestro, Solvay, and Fuchs SE, primarily due to weaker pricing and margins driven by oversupply in China and softer oil prices. The industrials sector showed mixed results, with some companies beating expectations while others missed, particularly in the electrical and construction segments [7][30]. Core Insights - **Market Sentiment**: Goldman Sachs' Risk Appetite Indicator has returned to more bullish levels, indicating a tactical neutral stance in asset allocation over the next three months, while maintaining a modestly pro-risk outlook for the next twelve months, particularly favoring equities [1]. - **Equity Strategy**: There is a preference for diversification across assets and regions, with a specific emphasis on European equities as the PEG ratio compared to the US has widened [1][7]. - **Profit Warnings**: The chemicals sector's profit warnings reflect broader market challenges, with BASF's muted share price reaction suggesting market anticipation of cuts. Conversely, Umicore's positive trading update stands out amid the negative sentiment in the sector [7][11][29]. Notable Company Performances - **Publicis**: Reported a significant 200 basis point beat on organic growth, attributed to market share gains, although shares fluctuated due to concerns over AI impacts [10]. - **Novartis**: Delivered strong results but saw a share price decline due to high expectations and pressures from generics and tariffs [10][33]. - **Luxury Sector**: Richemont reported strong results, particularly in the US and Middle East, indicating robust high-end demand, which supports a positive outlook for LVMH [11][31]. Investment Opportunities - **Nebius Group**: Initiated coverage with a Buy rating, highlighting a 25%+ price target upside due to its position in the AI Neocloud market [13][14]. - **UCB**: Initiated with a Buy rating, forecasting significant sales growth from its blockbuster drug Bimzelx, with peak sales expected to reach €7 billion by 2033 [16]. - **German Telcos**: Potential for increased mobile consolidation could lead to significant upside for companies like UTDI and 1&1 [23]. Risks and Considerations - **Dollar Depreciation**: The outlook for USD depreciation is expected to slow unless new catalysts emerge, such as deeper Fed cuts or movements in the Chinese Yuan [3][4]. - **Profit Expectations**: High expectations in sectors like pharmaceuticals may lead to muted market reactions despite strong earnings, as seen with Novartis [10][33]. Additional Insights - **Sector Trends**: The industrials sector showed a mix of strong and weak performances, with electrical names generally performing well while construction and mining sectors faced challenges [11][30]. - **Market Dynamics**: The luxury goods market is showing resilience, particularly in the US, while European markets face downside risks due to structural issues [36]. This summary encapsulates the key points discussed in the conference call, highlighting industry trends, company performances, investment opportunities, and associated risks.

Industry Trend - De Beers's CEO aims to protect a generation from a "huge con" in diamond buying [1] - The goal is to rescue the iconic De Beers brand from a concerning decline [1]

Why Prada – and other luxury brands – keep getting India wrong https://t.co/8bCxwbKCpx ...

Core Insights - American consumers are increasingly drawn to British heritage fashion, providing optimism for Burberry's recovery despite challenges in the U.S. market [1] - Burberry's sales in the Americas increased by 4% year-on-year for the three months ending June 28, contrasting with a 4% decline in the previous quarter and a 9% drop for the entire fiscal year 2025 [2][3] Sales Performance - The luxury brand's overall group revenues fell by 1% year-on-year to £433 million ($582 million) in the June quarter, which was better than the 3% decline analysts had anticipated [3] - Sales in Europe, the Middle East, India, and Africa (EMEIA) rose by 1% in the June quarter, while Greater China saw a 5% decline and Asia Pacific experienced a 4% drop, primarily due to a slowdown in tourism in Japan [4] Consumer Trends - CEO Joshua Schulman highlighted the diverse luxury consumer base in the U.S., ranging from high-spenders to mall shoppers, indicating a broad appeal for the brand [2] - The company noted improvements across all regions, with local customers showing strength globally and sequential improvements observed in sales [5]

Burberry’s sales fell less than expected, with comparable store sales shrinking 1% in the quarter ended June https://t.co/RxbTyeTZc2 ...

Financial Performance - Swatch Group reports falling sales and profit [1] Market Trends - Sluggish demand for luxury timepieces in China significantly impacted Swatch Group [1]