ABU DHABI/ WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan today reviewed ...
Read More »LVMH, Kering decline as China worries spur $56b luxury rout
BLOOMBERG European luxury stocks including LVMH and Gucci owner Kering SA fell as a wave of Covid infections in China weighed on sentiment — extending a rout that’s wiped about $56 billion from the sector over the past two days. Shares in Birkin bag maker Hermes International and UK trench coat company Burberry Group Plc also declined, with concerns about ...
Read More »