profit warning
, slip 0.4%
negative read-across
from weak Wines & Spirits unit performance - France's Remy Cointreau slips 0.3%, while Pernod Ricard inches up 0.6%, Britain's Diageo flat
reads as "helpful"
to the sector, analysts say
Wed, 17th Apr 2024 08:48
profit warning
, slip 0.4%
negative read-across
from weak Wines & Spirits unit performance - France's Remy Cointreau slips 0.3%, while Pernod Ricard inches up 0.6%, Britain's Diageo flat
reads as "helpful"
to the sector, analysts say
Grim ASML outlook hits chip stocks
*Read moreLVMH Q3 organic sales drop for first time since pandemic
*Read morePARIS, Oct 16 (Reuters) - Shares in LVMH slumped lower on Wednesday, knocking back the broader luxury goods sector, after the French luxury goods giant reported a 3% fall in third-quarter sales.
Read moreLuxury stocks hit by China stimulus update
*Read moreChina's stimulus announcement fails to inspire investors
*Read moreOct 14 (Reuters) - China's GDP figures, U.S. retail sales and a rate decision by the European Central Bank headline the coming week, while earnings are under way on both sides of the Atlantic and UK markets get nervy ahead of the new government's first budget.
Read moreOct 11 (Reuters) - China's GDP figures, U.S. retail sales and a rate decision by the European Central Bank headline the coming week, while earnings are under way on both sides of the Atlantic and UK markets get nervy ahead of the new government's first budget.
Read moreOct 8 (Reuters) - China's provisional anti-dumping duties on brandy imports from the European Union (EU) depressed spirit makers' shares on Tuesday with knock-on effects for luxury and auto brands as concern grew Beijing could extend its trade measures.
Read moreLONDON, Oct 8 (Reuters) - European mining stocks and luxury names fell sharply on Tuesday as a stimulus-backed buying frenzy of Chinese-exposed stocks faded outside mainland China, after officials failed to inspire confidence in plans to stimulate the world's No.2. economy.
Read moreSTOXX 600 up 0.5% to round out best week since August
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