The 19-story façade of the Louis Vuitton luxury store stands wrapped in a design reminiscent of their monogrammed trunks in Manhattan, New York City. Spencer Platt | Getty Images News | Getty Images High-end spenders are painting a mixed picture when it comes to the luxury market’s long-awaited recovery, with softer sales still weighing on…
A Gucci logo is displayed at their store on May 30, 2025 in Washington, DC. Kevin Carter | Getty Images News | Getty Images Shares of French fashion house Kering popped over 10% on Monday on reports that it has appointed industry outsider Luca de Meo as group CEO. It comes as the owner of…
Shares of Canada Goose rose more than 20% on Wednesday after the company reported fiscal fourth-quarter earnings that beat analysts’ estimates, though it pulled its fiscal 2026 outlook due to “macroeconomic uncertainty.” The luxury retailer said it will not be providing a financial outlook for fiscal 2026 due to the uncertainty, citing “dynamic consumer spending…
