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These ETFs are capitalizing on the luxury goods boom
Yahoo Finance· 2 years agoFrom couture fashion to high-end automobiles, it seems luxury buyers can’t get enough. High-end retailer Neiman Marcus says 2% of its customers account...
Roundhill Launches Global Luxury Goods ETF
Zacks via Yahoo News· 10 months agoIn order to capitalize on the growth in global luxury goods sales, Roundhill Investments, the thematic ETF issuer, has launched Roundhill S&P Global...
Struggling luxury fashion site Farfetch in talks about Apollo rescue deal
Sky News via Yahoo News· 7 months agoFarfetch, the British luxury fashion site, is in talks to secure emergency funding from Apollo...
Analysis-European luxury labels' distaste for discounts frustrates Farfetch ambitions
Reuters via Yahoo News· 7 months agoA winding down of the post-pandemic spending frenzy is hitting European luxury companies from LVMH...
China lockdowns dent sales at Burberry and Cartier owner Richemont
Yahoo Finance UK· 2 years agoBurberry shares sank to the bottom of the FTSE 100 following the update. Photo: Budrul Chukrut/SOPA...
Should You Tap Luxury Goods ETFs Amid Economic Slowdown?
Zacks via Yahoo News· 10 months agoLuxury stocks have historically proved resilient during economic slowdown due to superior pricing...
Prada rides luxury boom while mass retailers struggle as Chinese demand flags
Bloomberg via Yahoo News· 4 months agoPrada SpA should confirm the resilience of demand for luxury brands in Asia when it reports...
Burberry's share price hit as luxury brand warns about lower trading over crucial Christmas period
Associated Press via Yahoo News· 6 months agoBurberry, the London-based luxury goods fashion house, warned Friday that profits this year would be lower than anticipated as wealthy shoppers, particularly in the Americas, tightened their ...
Bear of the Day: Capri Holdings (CPRI)
Zacks via Yahoo News· 1 year agoCapri Holdings CPRI is a global fashion luxury group that operates several well-known brands, including Michael Kors, Versace, and Jimmy Choo. While the...
Farfetch finds rescuer with $500 million loans from Coupang
Bloomberg via Yahoo News· 7 months agoFarfetch Ltd. secured a lifeline from e-commerce company Coupang Inc., which agreed to lend $500...
