LVMH stock rose more than 7 percent for its biggest one-day gain since 2015, pulling other luxury stocks higher with it.
Government and Trade
The party’s platform shifted further left on trade, expressing more skepticism about its benefits.
Mergers and Acquisitions
The men’s and women’s apparel, swimwear and accessories target the beach lifestyle space.
Saverio Moschillo appealed the decision made last month by the Milan Court.
Forecasts and Analysis
Brazil’s apparel sales are expected to fall 25 percent this year, while Mexico’s will grow 10 percent.
Marketing and Promotion
The company has partnered with Tokyo firm Futaba Tsushinsha, whose clients will have access to Launchmetrics’ fashion industry-minded products.
The brand will be returning to the London show schedule for the first time since 2008.
The New York event will bring together 250 movers and shakers in the digital worlds of fashion, beauty and footwear.
The Italian brand signed a five-year distribution agreement with Singapore-based IFFG.
Simon Property Group delivered a strong quarter and raised the company’s full-year guidance.