Finance News – Luxury Goods
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MarketWatch Top Stories • Jun 16, 2025
Kering shares surge on reports it’s luring auto exec to run Gucci maker
Kering experienced a notable increase in its stock value following news that it may appoint Renault's top executive to lead the luxury fashion conglomerate, reflecting investor opt...
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The Guardian – Business • May 15, 2025
Is Burberry’s job-slashing shake-up enough to save the troubled brand?
Burberry’s decision to reduce its workforce following a significant decline in profits reflects challenges in both the luxury market and brand appeal, prompting a notable positive...
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The Guardian – Business • May 14, 2025
Burberry may cut 1,700 jobs globally to reduce costs as profits fall
Burberry’s planned workforce reductions and operational changes aim to improve financial stability following a significant decline in annual earnings amid challenges in the luxury...
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