Will fashionistas embrace ostentatious outfits and logo-heavy handbags with as much gusto as the coronavirus crisis unfolds? This is a question that all luxury groups must grapple with. But it’s an especially pertinent one for Gucci, the superstar brand owned by luxury behemoth Kering SA. Gucci has had nothing short of a miraculous turnaround under creative director Alessandro Michele, who ...

The European Central Bank’s (ECB) meeting on April 30 might be its most important as it tries to manage the devastating economic impact of the Covid-19 virus. While its reaction so far has worked, it will need much greater firepower in the future. It will also have to be much more flexible in how it applies its rules on asset ...

As the economic carnage from the coronavirus pandemic continues, a long-forbidden word is starting to creep onto people’s lips: “depression.” In the 19th and early 20th centuries, there was no commonly accepted word for a slowdown in the economy. “Panic” was the term typically used for financial crises, while long slumps were commonly called depressions. Presidents such as James Monroe ...