LVMH Moet Hennessy Louis Vuitton SE (LVMH.PA)
20 Feb 2020
NEW YORK, Feb 20 The rally in U.S. equities took a pause and the strong dollar got stronger on Thursday, rising to a three-year high against a basket of trading partner currencies, after a steep slide in the Japanese yen called into question its safe-haven status.
Feb 20 European shares eased from record highs on Thursday, as a raft of disappointing earnings added to concerns about the global impact of the coronavirus outbreak after research suggested the illness is more contagious than previously thought.
* Adidas, Puma flag coronavirus hit, but rally on Puma's strong Q4
PARIS/MILAN, Feb 18 Chanel and Prada said on Tuesday they have postponed fashion shows due to be held in Asia in May over concerns linked to the coronavirus outbreak.
PARIS, Feb 18 Chanel has cancelled a show in China in May due to the coronavirus outbreak, the French fashion house said on Tuesday.
FRANKFURT/DUESSELDORF, Feb 13 Private equity group CVC Capital Partners is exploring options to sell or list German perfume and cosmetics retailer Douglas, three people close to the matter said.
PARIS/NEW YORK, Feb 12 Gucci and other luxury labels owned by France's Kering expect smaller crowds at their catwalk shows this month, with Chinese buyers and influencers set to miss the major marketing fixture.
* Kering rallies after upbeat results; other luxury stocks follow
MILAN The luxury goods industry normally relishes the spotlight, but in the case of China's coronavirus it is rueing being one of the most globally exposed sectors to an epidemic that risks all-but wiping out its sales growth this year. | Video
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Nachrichten aus der Wirtschaft
Frankfurt Die billionenschweren Anleihenkäufe und Zinseinnahmen aus Währungsreserven haben den Gewinn der Europäischen Zentralbank (EZB) im vergangenen Jahr angeschoben.