LVMH Moet Hennessy Louis Vuitton SE
CNBC’s The China Connection newsletter: Losing the Chinese shopper could soon have global consequences
Apple CEO Tim Cook met with Labubu artist Kasing Lung during a trip to China in Oct. 2025, as pictured here on the iPhone company’s official Xiaohongshu account. Screenshot This report is from this week’s CNBC’s The China Connection newsletter, which brings you insights and analysis on what’s driving the world’s second-largest economy. You can […]
Read More
Luxury stocks just boomed — here’s how investment banks are playing the sector
Luxury stocks surged this week after French luxury conglomerate LVMH — a bellwether for the sector — posted a surprise return to growth for the third quarter, putting Europe’s high-end firms on course to continue a multi-year rally. The sector has boomed in recent years, but stagnating sales, price rises , and renewed trade tensions […]
Read More
CNBC Daily Open: Strong bank earnings seem to overshadow escalating trade war
U.S. Treasury Secretary Scott Bessent speaks as he and U.S. Trade Representative Jamieson Greer hold a press conference on the sidelines of the IMF/World Bank annual meetings in Washington, D.C., U.S., Oct. 15, 2025. Ken Cedeno | Reuters China has been using its dominance in the rare earth industry to slash prices, driving foreign competitors […]
Read More
European stocks move higher as luxury brands drive early gains; France’s CAC up 2.5%
Traders work on the floor of the New York Stock Exchange during afternoon trading on Oct. 14, 2025 in New York City. Michael M. Santiago | Getty Images LONDON — European stocks rose during early trading Wednesday, with luxury brands driving gains, as the region’s markets rebounded after touching a two-week low in the previous […]
Read More
European markets open higher as mining stocks rebound sharply amid new U.S.-China trade spat
Chinese President Xi Jinping and U.S. President Donald Trump. Dan Kitwoodnicholas Kamm | Afp | Getty Images LONDON — European stocks opened higher on Monday, with mining stocks rebounding as traders kept a close eye on a new trade dispute brewing between the U.S. and China. The pan-European Stoxx 600 was up 0.6% at 8:30 […]
Read More
European stocks edge higher as French crisis weighs on sentiment; Gucci-owner Kering up 6%
LONDON — European stocks were higher on Tuesday afternoon, with all eyes on France after the resignation of Prime Minister Sebastien Lecornu plunged the country into a fresh political crisis. The pan-European Stoxx 600 index was up 0.2% by 12:10 p.m. in London (7:10 a.m. ET), with most sectors and major bourses in positive territory. […]
Read More
From data to culture: How international brands are trying to crack the code on the fickle Chinese consumer
Key Points The allure of the world’s second-largest consumer market is forcing Western companies to adapt in the face of growing competition from Chinese brands. In the last two years, adapting to the local social media ecosystem of Xiaohongshu and Douyin has become a path to quick success, according to Stephy Liu, founder of a […]
Read More
How luxury brands are tapping into the Labubu craze
A brown Louis Vuitton Monogram coated-canvas mini top-handle bag with tan vachetta leather rolled handles and a yellow-and-orange pumpkin motif is carried with two Labubu plush bag charms during Copenhagen Fashion Week, on August 07, 2025 in Copenhagen, Denmark. Edward Berthelot | Getty Images Entertainment | Getty Images Labubu dolls have emerged as a must-have […]
Read More
Ulta Beauty raises full-year forecast after reporting growth in all major categories
Ulta Beauty on Thursday raised its full-year forecast, after reporting growth in all major categories and topping Wall Street’s quarterly sales expectations. The beauty retailer said it expects net sales of between $12 billion and $12.1 billion, up from its previous range of $11.5 billion and $11.7 billion, representing an increase from last fiscal year’s […]
Read More
‘Loud luxury’ is back as high-end brands look to rebound
A guest wears red knitted Gucci x Adidas sweater, outside Bluemarble, during the Menswear Spring/Summer 2026 show as part of Paris Fashion Week on June 26, 2025 in Paris, France. Claudio Lavenia | Getty Images “Loud luxury” is poised for a comeback as ailing fashion houses attempt to inject a sense of newness and novelty […]
Read More