Louis Vuitton is heading to the Big Apple. The house's creative director Nicolas Ghesquière has decided to stage its next cruise show in New York on May 8, 2019, continuing his peripatetic voyage of the globe.
Higher prices, lending curbs and a move to online shopping are denting the cheer for Indian retailers at this year’s Diwali festival, with lackluster sales for high-end items ranging from iPhones to cars and even gold.
Google parent Alphabet Inc on Thursday missed analysts’ quarterly revenue estimates for the first time in at least two years and reported continuing erosion of its operating margin, sending shares down almost 7 percent.
Shares of Amazon.com Inc fell 10 percent in trading before the bell on Friday after its sales outlook missed Wall Street targets, fanning concerns that the online retailer's expansion may finally be losing steam.
Luxury’s strength was prominent in the latest Interbrand ranking of the Best Global Brands Thursday, but even the biggest names couldn’t rival digital when it came to the brands that are key for consumers.