Layer3.news

nostr:nevent1qvzqqqqqqypzqe6z4eqs8a86awpjvnv4ta6zlxnprtyqryxvqpp78vezxxxv0mnpqyd8wumn8ghj7ctjw35kxmr9wvhxcctev4erxtnwv4mhxqpqnf5wdnx9rq00nh34f4jswhvf9ravslru02c86djhjxgaewlu4zlsfxykdz

LVMH IN TALKS TO OFFLOAD FASHION LABEL MARC JACOBS, SOURCES SAY

https://media.zenfs.com/en/reuters-finance.com/6d94096473050db9b9f88570ffc8c9e8

✍️ LVMH is in talks to sell its fashion label Marc Jacobs to multiple buyers, including Authentic Brands Group and WHP Global, with a potential value of around $1 billion.

👉 LVMH is in talks to sell its fashion label Marc Jacobs to multiple buyers 👉 Potential buyers include Authentic Brands Group, WHP Global, and Bluestar Alliance 👉 Marc Jacobs is a luxury fashion brand founded by American designer Marc Jacobs in 1984 👉 LVMH has been streamlining its portfolio by selling some of its brands 👉 LVMH's second-quarter sales came in slightly below market expectations

-- #AbigailSummerville #MrinmayDey #MarcJacobs #BernardArnault #VirgilAbloh #AdamCochrane #StellaMcCartney #France #NewYork #Bengaluru #Europe #China #business

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Abigail Summerville Mrinmay Dey Marc Jacobs Bernard Arnault Virgil Abloh Adam Cochrane Stella McCartney France

7/27/2025

nostr:nevent1qvzqqqqqqypzqe6z4eqs8a86awpjvnv4ta6zlxnprtyqryxvqpp78vezxxxv0mnpqyd8wumn8ghj7ctjw35kxmr9wvhxcctev4erxtnwv4mhxqpqsthcyzknsy2kv3fcyqnrzcy30chqdumcampqa70wu87r3l27x5tscl0tzw

PUMA INVENTORY HEADACHE HIGHLIGHTS US TARIFF DILEMMA FOR RETAILERS

https://media.zenfs.com/en/reuters-finance.com/6cc4a33adc31d79a71ba13ec696ddc4b

✍️ Puma faces a dilemma in the US market due to tariffs, discounting to clear stock, and planning to lift prices to offset rising costs.

👉 Puma is discounting to clear stock due to tariffs 👉 The company plans to lift prices in the fourth quarter to offset rising costs 👉 Inventory levels are up 18.3% compared to last year, mostly driven by North America 👉 Puma's sales have been weak in North America, with a 9.1% decline in currency-adjusted terms 👉 The company expects global sales to fall by at least 10% this year

-- #HelenReid #MarkusNeubrand #AdamCochrane #FelixDennl #RobertKrankowski #ArthurHoeld #ArneFreundt #LONDON #Asia #NorthAmerica #Frankfurt #US #business

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Helen Reid Markus Neubrand Adam Cochrane Felix Dennl Robert Krankowski Arthur Hoeld Arne Freundt LONDON

nostr:nevent1qvzqqqqqqypzpmcufyygvv773p6xszc6kk3zjnr3zpwgu3ps4w0vne0wex2m22w6qyd8wumn8ghj7ctjw35kxmr9wvhxcctev4erxtnwv4mhxqpq6nk9fkd7qz9p68g6lvhnnwj0q7fjc668h8mq4vc8737vkt7c9hssxyu2hc

LUXURY SHOPPER RECOVERY FACES FOUR KEY HEADWINDS

https://image.cnbcfm.com/api/v1/image/108177052-1753448111990-gettyimages-2225115017-anotherday82679988_swi7cny5.jpeg?v=1753448148&w=1920&h=1080

✍️ Luxury goods companies like LVMH and Burberry reported mixed results in the second quarter, with some showing signs of recovery while others struggled with softer sales.

👉 LVMH reports 4% year-on-year drop in second-quarter sales 👉 Burberry and Richemont report increased sales in the U.S. 👉 Moncler cites a challenging performance in Japan 👉 Companies are grappling with the impact of tariffs 👉 Price increases may be necessary to offset added costs

-- #AdamCochrane #CécileCabanis #RobertoEggs #JoshuaSchulman #CaroleMadjo #DemnaGvasalia #LucadeMeo #NewYorkCity #Japan #Europe #China #UnitedStates #business

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Adam Cochrane Cécile Cabanis Roberto Eggs Joshua Schulman Carole Madjo Demna Gvasalia Luca de Meo New York City

nostr:nevent1qvzqqqqqqypzqe6z4eqs8a86awpjvnv4ta6zlxnprtyqryxvqpp78vezxxxv0mnpqyd8wumn8ghj7ctjw35kxmr9wvhxcctev4erxtnwv4mhxqpq7lt85gre24drl3qz974qhpwn0pe5qp0daz92ttwvzs4cn7gchhzq64tl5p

LVMH STOCK RISES 3.9% FOLLOWING H1 RESULTS RELEASE

https://media.zenfs.com/en/wwd_409/92550bc3cd024705b9a7766606ed9bcd

✍️ LVMH's stock rose 3.9% after releasing its first-half financial results, despite missing forecasts in its fashion and leather goods division.

👉 LVMH's stock rose 3.9% after releasing its first-half financial results 👉 Fashion and leather goods division missed forecasts, with Japan sales plummeting 👉 Other divisions performed well, including wine and spirits 👉 Deutsche Bank believes an earnings trough is approaching 👉 LVMH plans to recover in China and gain market share in key brands

-- #BernardArnault #AdamCochrane #Paris #Texas #Japan #China #UnitedStates #business

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Bernard Arnault Adam Cochrane Paris Texas Japan China United States business

7/25/2025

npub1n5e52z2…j27swa

FESTIVALGOERS HELP DRIVE BURBERRY TO BEST SALES PERFORMANCE IN 18 MONTHS

https://i.guim.co.uk/img/media/00e99e22df57db29ffc79eca03a49398544cb00b/580_0_2490_1993/master/2490.jpg?width=140&quality=85&auto=format&fit=max&s=24af1c1930cae58bbb71309a839e3158

✍️ Burberry's sales have improved, with a 2% increase to £433m in the three months to the end of June, driven by strong sales at music festivals and a turnaround strategy.

👉 Burberry's sales rose 2% to £433m in the three months to the end of June 👉 Sales rose in Europe and the Americas, but fell in Asia 👉 The company has implemented a turnaround strategy, including appealing to a broader range of luxury consumers 👉 Burberry plans to install 200 dedicated 'scarf bars' in its stores 👉 The company expects to achieve £80m of its planned £100m cost cuts this financial year

-- #JoshuaSchulman #AdamCochrane #Europe #Asia #Highgroveestate #Yorkshire #UK #business

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nostr:nevent1qvzqqqqqqypzp8fng5y4axrdakd0wfxjd2x9hms9p07kzhpjl308dxq6pzw8yqywqyd8wumn8ghj7ctjw35kxmr9wvhxcctev4erxtnwv4mhxqpqcrlnvlu3uuddl0g0mydpxmpmzw3qhp9pevx963vagc2tr98vegmquryhf0

Joshua Schulman Adam Cochrane Europe Asia Highgrove estate Yorkshire UK business

7/18/2025

nostr:nevent1qvzqqqqqqypzpmcufyygvv773p6xszc6kk3zjnr3zpwgu3ps4w0vne0wex2m22w6qyd8wumn8ghj7ctjw35kxmr9wvhxcctev4erxtnwv4mhxqpq8xevt5s7rmmwk4tn9w8af008puzy7aj6m7w07gyx2h7jvy0guaasvk2xc6

SHARES OF GUCCI-OWNER KERING DROP AFTER FIRST-QUARTER SALES SLUMP

https://image.cnbcfm.com/api/v1/image/108099871-1739179836942-gettyimages-2179421051-FRANCE_LUXURY.jpeg?v=1739179904&w=1920&h=1080

✍️ Kering, the French luxury goods group, reported lower-than-expected first-quarter sales, with Gucci sales falling 25% on a comparable basis, amid macroeconomic headwinds.

👉 Kering's first-quarter sales fell 14% year-on-year to 3.9 billion euros 👉 Gucci sales fell 25% on a comparable basis 👉 Asia, North America, and Europe all saw declines in group sales 👉 Kering's Chairman and CEO emphasized the company's focus on executing its action plans to reach its strategic and financial objectives

-- #François-HenriPinault #DemnaGvasalia #AdamCochrane #Paris #France #London #business

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François-Henri Pinault Demna Gvasalia Adam Cochrane Paris France London business mainstream:perspective

4/24/2025

nostr:nevent1qvzqqqqqqypzpmcufyygvv773p6xszc6kk3zjnr3zpwgu3ps4w0vne0wex2m22w6qyd8wumn8ghj7ctjw35kxmr9wvhxcctev4erxtnwv4mhxqpqqs4lvqj5hajnmsj25cdaydv5fdsxahdq4v3txnaxc3jayfkkv6ksv4vvps

LUXURY FIRMS FACE TARIFF HIT AS RECESSION FEARS MOUNT

https://image.cnbcfm.com/api/v1/image/108103056-1739575816607-gettyimages-2199689050-dsc01434_copy_cgadyif3.jpeg?v=1744194605&w=1920&h=1080

✍️ European luxury brands may be shielded from initial US tariffs, but a wider economic downturn could impact their recovery.

👉 European luxury brands may be shielded from initial US tariffs 👉 A wider economic downturn could impact their recovery 👉 High-end fashion houses may pass on increased import costs to consumers 👉 A US and global recession this year is likely 👉 Market turmoil could further postpone a recovery in luxury demand

-- #JamieDimon #AdamCochrane #LucaSolca #Europe #UnitedStates #China #business

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Jamie Dimon Adam Cochrane Luca Solca Europe United States China business mainstream:perspective

4/10/2025

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Filtering by: Adam Cochrane · clear filter

nostr:nevent1qvzqqqqqqypzqe6z4eqs8a86awpjvnv4ta6zlxnprtyqryxvqpp78vezxxxv0mnpqyd8wumn8ghj7ctjw35kxmr9wvhxcctev4erxtnwv4mhxqpqajvq3w7fnx2c3r9rsfa56af9rchdj4tdf8ntawhn5626vjcnjejqk2zkg5

CAN ADIDAS STOCK TURN THINGS AROUND?

https://s.yimg.com/ny/api/res/1.2/atfIekol0K3T0ESEmfT.CA--/YXBwaWQ9aGlnaGxhbmRlcjt3PTEyMDA7aD04MDA-/https://media.zenfs.com/en/motleyfool.com/4407f6463c1f410290c05a8ae414c317

✍️ Adidas' stock plummeted 11% after an underwhelming Q2 earnings report, and the company may reprioritize running shoes to help with revenue.

-- #BjørnGulden #AdamCochrane #UnitedStates #Vietnam #Indonesia #China #business

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Bjørn Gulden Adam Cochrane United States Vietnam Indonesia China business mainstream:perspective

9/3/2025

nostr:nevent1qvzqqqqqqypzqe6z4eqs8a86awpjvnv4ta6zlxnprtyqryxvqpp78vezxxxv0mnpqyd8wumn8ghj7ctjw35kxmr9wvhxcctev4erxtnwv4mhxqpqnf5wdnx9rq00nh34f4jswhvf9ravslru02c86djhjxgaewlu4zlsfxykdz

LVMH IN TALKS TO OFFLOAD FASHION LABEL MARC JACOBS, SOURCES SAY

https://media.zenfs.com/en/reuters-finance.com/6d94096473050db9b9f88570ffc8c9e8

✍️ LVMH is in talks to sell its fashion label Marc Jacobs to multiple buyers, including Authentic Brands Group and WHP Global, with a potential value of around $1 billion.

-- #AbigailSummerville #MrinmayDey #MarcJacobs #BernardArnault #VirgilAbloh #AdamCochrane #StellaMcCartney #France #NewYork #Bengaluru #Europe #China #business

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Abigail Summerville Mrinmay Dey Marc Jacobs Bernard Arnault Virgil Abloh Adam Cochrane Stella McCartney France

7/27/2025

nostr:nevent1qvzqqqqqqypzqe6z4eqs8a86awpjvnv4ta6zlxnprtyqryxvqpp78vezxxxv0mnpqyd8wumn8ghj7ctjw35kxmr9wvhxcctev4erxtnwv4mhxqpqsthcyzknsy2kv3fcyqnrzcy30chqdumcampqa70wu87r3l27x5tscl0tzw

PUMA INVENTORY HEADACHE HIGHLIGHTS US TARIFF DILEMMA FOR RETAILERS

https://media.zenfs.com/en/reuters-finance.com/6cc4a33adc31d79a71ba13ec696ddc4b

✍️ Puma faces a dilemma in the US market due to tariffs, discounting to clear stock, and planning to lift prices to offset rising costs.

-- #HelenReid #MarkusNeubrand #AdamCochrane #FelixDennl #RobertKrankowski #ArthurHoeld #ArneFreundt #LONDON #Asia #NorthAmerica #Frankfurt #US #business

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Helen Reid Markus Neubrand Adam Cochrane Felix Dennl Robert Krankowski Arthur Hoeld Arne Freundt LONDON

nostr:nevent1qvzqqqqqqypzpmcufyygvv773p6xszc6kk3zjnr3zpwgu3ps4w0vne0wex2m22w6qyd8wumn8ghj7ctjw35kxmr9wvhxcctev4erxtnwv4mhxqpq6nk9fkd7qz9p68g6lvhnnwj0q7fjc668h8mq4vc8737vkt7c9hssxyu2hc

LUXURY SHOPPER RECOVERY FACES FOUR KEY HEADWINDS

https://image.cnbcfm.com/api/v1/image/108177052-1753448111990-gettyimages-2225115017-anotherday82679988_swi7cny5.jpeg?v=1753448148&w=1920&h=1080

✍️ Luxury goods companies like LVMH and Burberry reported mixed results in the second quarter, with some showing signs of recovery while others struggled with softer sales.

-- #AdamCochrane #CécileCabanis #RobertoEggs #JoshuaSchulman #CaroleMadjo #DemnaGvasalia #LucadeMeo #NewYorkCity #Japan #Europe #China #UnitedStates #business

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Adam Cochrane Cécile Cabanis Roberto Eggs Joshua Schulman Carole Madjo Demna Gvasalia Luca de Meo New York City

nostr:nevent1qvzqqqqqqypzqe6z4eqs8a86awpjvnv4ta6zlxnprtyqryxvqpp78vezxxxv0mnpqyd8wumn8ghj7ctjw35kxmr9wvhxcctev4erxtnwv4mhxqpq7lt85gre24drl3qz974qhpwn0pe5qp0daz92ttwvzs4cn7gchhzq64tl5p

LVMH STOCK RISES 3.9% FOLLOWING H1 RESULTS RELEASE

https://media.zenfs.com/en/wwd_409/92550bc3cd024705b9a7766606ed9bcd

✍️ LVMH's stock rose 3.9% after releasing its first-half financial results, despite missing forecasts in its fashion and leather goods division.

-- #BernardArnault #AdamCochrane #Paris #Texas #Japan #China #UnitedStates #business

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Bernard Arnault Adam Cochrane Paris Texas Japan China United States business

7/25/2025

npub1n5e52z2…j27swa

FESTIVALGOERS HELP DRIVE BURBERRY TO BEST SALES PERFORMANCE IN 18 MONTHS

https://i.guim.co.uk/img/media/00e99e22df57db29ffc79eca03a49398544cb00b/580_0_2490_1993/master/2490.jpg?width=140&quality=85&auto=format&fit=max&s=24af1c1930cae58bbb71309a839e3158

✍️ Burberry's sales have improved, with a 2% increase to £433m in the three months to the end of June, driven by strong sales at music festivals and a turnaround strategy.

-- #JoshuaSchulman #AdamCochrane #Europe #Asia #Highgroveestate #Yorkshire #UK #business

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nostr:nevent1qvzqqqqqqypzp8fng5y4axrdakd0wfxjd2x9hms9p07kzhpjl308dxq6pzw8yqywqyd8wumn8ghj7ctjw35kxmr9wvhxcctev4erxtnwv4mhxqpqcrlnvlu3uuddl0g0mydpxmpmzw3qhp9pevx963vagc2tr98vegmquryhf0

Joshua Schulman Adam Cochrane Europe Asia Highgrove estate Yorkshire UK business

7/18/2025

nostr:nevent1qvzqqqqqqypzpmcufyygvv773p6xszc6kk3zjnr3zpwgu3ps4w0vne0wex2m22w6qyd8wumn8ghj7ctjw35kxmr9wvhxcctev4erxtnwv4mhxqpq8xevt5s7rmmwk4tn9w8af008puzy7aj6m7w07gyx2h7jvy0guaasvk2xc6

SHARES OF GUCCI-OWNER KERING DROP AFTER FIRST-QUARTER SALES SLUMP

https://image.cnbcfm.com/api/v1/image/108099871-1739179836942-gettyimages-2179421051-FRANCE_LUXURY.jpeg?v=1739179904&w=1920&h=1080

✍️ Kering, the French luxury goods group, reported lower-than-expected first-quarter sales, with Gucci sales falling 25% on a comparable basis, amid macroeconomic headwinds.

-- #François-HenriPinault #DemnaGvasalia #AdamCochrane #Paris #France #London #business

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François-Henri Pinault Demna Gvasalia Adam Cochrane Paris France London business mainstream:perspective

4/24/2025