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World shares stuck, oil tumbles as China stimulus plan too vague for investors

GLOBAL MARKETS-World shares stuck, oil tumbles as China stimulus plan too vague for investors China's stimulus announcement fails to inspire investors Q3 earnings, ECB in focus Oil prices down over 2.5% Updates prices, news throughout By Dhara Ranasinghe and Alun John LONDON, Oct 14 (Reuters) - Stock markets held below last month's record highs on Monday, while the Chinese yuan and oil prices weakened as China's broad economic stimulus promises at the weekend failed to inspire investors across t
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China doubts as economy struggles, US bonds closed

MORNING BID AMERICAS-China doubts as economy struggles, US bonds closed A look at the day ahead in U.S. and global markets from Mike Dolan With U.S. Treasury markets closed on Monday, Wall Street stocks are set to cruise on higher into the unfolding corporate earnings season - but may first have to take early direction from China's weekend stimulus update.
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Luxury stocks down on China's new fiscal measures

BUZZ-Luxury stocks down on China's new fiscal measures ** Shares in European luxury companies slip after China announced more fiscal stimulus, but left out key details on its size ** "The market expected more direct support for consumer spend," Bernstein analyst Luca Solca says ** Kering PRTP.PA falls 3.6%, LVMH LVMH.PA is down 2.9% while Hermes HR
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European stocks flat as China stimulus update underwhelms

UPDATE 1-European stocks flat as China stimulus update underwhelms Luxury stocks hit by China update ECB set to cut rates on Thursday Entain, Flutter tumble on tax hike fears Updated at 0832 GMT By Paolo Laudani and Sruthi Shankar Oct 14 (Reuters) - European stocks were little changed on Monday after China's stimulus plans failed to inspire confidence among investors, who focussed on the earnings season and the European Central Bank's (ECB) policy meeting later this week.
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LVMH investors jittery over anaemic China demand for European designer goods

PREVIEW-LVMH investors jittery over anaemic China demand for European designer goods By Mimosa Spencer PARIS, Oct 14 (Reuters) - Investors in French luxury group LVMH LVMH.PA are eager for signs that China's new fiscal stimulus measures can finally pull wealthy and middle-class Chinese shoppers out of their funk, inspiring them to splash out on $4,300 designer leather handbags ahead of Singles Day , China's largest annual shopping spree.
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Luxury goods unlikely to be next target of China's EU trade retaliation, analysts say

CORRECTED-Luxury goods unlikely to be next target of China's EU trade retaliation, analysts say Corrects analyst estimate of size of China market to 25% of global total from 35% in paragraph 9. By Casey Hall SHANGHAI, Oct 9 (Reuters) - European luxury shares have slid on investor concerns that Hermes handbags and Dior slingbacks may be Beijing's next targets for retaliation, following the EU's decision to slap tariffs on China EVs, but analysts say such a move is unlikely.
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Imperial Brands, Kingfisher, Nestle SA

EUROPE RESEARCH ROUNDUP-Imperial Brands, Kingfisher, Nestle SA Oct 9 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Imperial Brands , Kingfisher and Nestle SA, on Wednesday. HIGHLIGHTS * Aixtron AIXGn.DE : Deutsche Bank cuts to hold from buy * ING INGA.AS : Deutsche Bank cuts to hold from buy * Imperial Brands IMB.L : JP Morgan raises target price to 2,600p from 2,250p * Kingfisher KGF.L : HSBC raises target price to 360p from 305
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China's brandy duties depress shares of makers of spirits, luxury and cars

UPDATE 2-China's brandy duties depress shares of makers of spirits, luxury and cars Recasts with more sectors impacted, updates shares, adds comments on cars sector By Leo Marchandon and Ozan Ergenay Oct 8 (Reuters) - China's provisional anti-dumping duties on brandy imports from the European Union (EU) depressed spirit makers' shares on Tuesday with knock-on effects for luxury and auto brands as concern grew Beijing could extend its trade measures.
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European stocks eke out small gains, Orsted shines

UPDATE 2-European stocks eke out small gains, Orsted shines For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window. ECB seen cutting rates again in Oct Luxury stocks rise on China optimism German economy to contract in 2024, econ ministry says STOXX closes up 0.1% Updated at 1615 GMT By Sruthi Shankar, Paolo Laudani and Johann M Cherian Oct 7 (Reuters) - European stocks eked out marginal gains on Monday, with Orsted topping the STOXX index as
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Time to go idiosyncratic on luxury - BofA

LIVE MARKETS-Time to go idiosyncratic on luxury - BofA STOXX 600 down 0.2% Oil stocks rally, Brent up $2 Airlines fall, defence rises Wall Street futures down Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com TIME TO GO IDIOSYNCRATIC ON LUXURY - BofA Luxury names have rallied across the board on hopes for China stimulus, but it's time to start getting more specific, at least accord
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Louis Vuitton shows flouncy, layered looks at the Louvre for Paris Fashion Week

Louis Vuitton shows flouncy, layered looks at the Louvre for Paris Fashion Week By Mimosa Spencer PARIS, Oct 1 (Reuters) - Louis Vuitton womenswear designer Nicolas Ghesquiere showed a lineup of layered looks with short, flouncy skirts and puffy-sleeved jackets for the label's spring-summer outing on Tuesday, the last day of Paris Fashion Week. Set up in a temporary venue in a courtyard of the Louvre Museum, the runway was fashioned out of a mishmash of trunk facades.
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GS doubtful China stimulus will boost spending near term, cuts Kering

BUZZ-GS doubtful China stimulus will boost spending near term, cuts Kering ** Goldman Sachs says it is unlikely that China stimulus measures will positively impact high-end spending near-term and cuts its rating on Gucci owner Kering PRTP.PA ** Kering's shares, which rose 17% until Friday's close since the stimulus was announced, are down around 2.
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ASM International, Burberry, LVMH

EUROPE RESEARCH ROUNDUP-ASM International, Burberry, LVMH Oct 1 (Reuters) - Securities analysts revised their ratings and price targets on several European companies including ASM International, Burberry and LVMH on Tuesday. HIGHLIGHTS * ASM International ASMI.AS : Stifel cuts target price to EUR 740 from EUR 800 * Burberry Group BRBY.L : HSBC raises target price to 770p from 690p * Carlsberg CARLb.CO : Jefferies cuts target price to DKK 1,000 from DKK 1,100 * LVMH LVMH.PA : HSBC raises target p
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Hold your horses on luxury sector after China stimulus

LIVE MARKETS-Hold your horses on luxury sector after China stimulus STOXX 600 down 1% Auto lag on VW, Stellantis profit warnings All sectors in red Wall St futures lower Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com HOLD YOUR HORSES ON LUXURY SECTOR AFTER CHINA STIMULUS Europe's luxury sector surged last week on news that China is stimulating its economy, including possible tar
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Tan leather and trio of protestors parade Hermes catwalk in Paris

Tan leather and trio of protestors parade Hermes catwalk in Paris By Mimosa Spencer PARIS, Sept 28 (Reuters) - For her spring summer runway show, Hermes designer Nadege Vanhee sent out a parade of mesh crop tops and calfskin coats in tan hues on Saturday, a lineup that was briefly interrupted by three animal rights activists. The show was kicking off with a series of light, beige looks -- loose trousers, sheer tops and a suede coat cinched in the back -- when the first protestor from the People
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Victoria Beckham shows breezy, minimalist dresses at Paris Fashion Week

Victoria Beckham shows breezy, minimalist dresses at Paris Fashion Week PARIS, Sept 27 (Reuters) - For the spring-summer collection of her namesake label, Victoria Beckham showed a line up of minimalist dresses and deconstructed tailoring on a runway set up in the outskirts of Paris. Models emerged from a neoclassical chateau in the sprawling Bois de Boulogne gardens after dark, the trains of their skirts trailing behind.
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Could China's stimulus help French stocks?

LIVE MARKETS-Could China's stimulus help French stocks? STOXX 600 up 0.4%, record high Luxury, autos, chemicals lead Moncler surges on LVMH deal Wall St futures lower Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com COULD CHINA'S STIMULUS HELP FRENCH STOCKS?
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Europe's STOXX 600 at all-time high as China-exposed firms revel in stimulus boost

UPDATE 2-Europe's STOXX 600 at all-time high as China-exposed firms revel in stimulus boost For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window STOXX 600 up 0.5% to round out best week since August Italy's Moncler surges after LVMH buys stake Denmark's Novo Nordisk falls as JPM predicts soft Q3 results Updated at 1600 GMT By Pranav Kashyap and Shashwat Chauhan Sept 27 (Reuters) - Europe's STOXX 600 share index closed at a record high on Frid
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LVMH deal spurs rally in Moncler, speculation about luxury sector M&A

UPDATE 3-LVMH deal spurs rally in Moncler, speculation about luxury sector M&A LVMH takes small stake in Moncler Moncler shares jump as much as 15% on news of the deal Deal reinforces LVMH's luxury sector dominance Adds details By Mimosa Spencer and Anna Pruchnicka PARIS, Sept 27 (Reuters) - Shares in Moncler MONC.MI rose sharply on Friday after French rival LVMH LVMH.PA invested in the Italian outerwear specialist, fuelling speculation about the long-term intentions of the owner of Louis Vuitto
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Europe's STOXX 600 clocks all-time closing high on China stimulus boost

UPDATE 2-Europe's STOXX 600 clocks all-time closing high on China stimulus boost For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window STOXX 600 up 1.3% Sweden's H&M falls after abandoning 2024 margin target Switzerland's Swatch jumps on report of potential delisting Swiss National Bank cuts rate by 25 bps Updated at 1600 GMT By Pranav Kashyap and Shashwat Chauhan Sept 26 (Reuters) - European shares jumped on Thursday, with China-exposed stock
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