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市场新闻

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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Richemont exits online hell, but heaven is way off

BREAKINGVIEWS-Richemont exits online hell, but heaven is way off The author is a Reuters Breakingviews columnist. The opinions expressed are her own. By Karen Kwok LONDON, Oct 9 (Reuters Breakingviews) - Johann Rupert has finally found a way to cut his losses. The Richemont CFR.S boss on Monday said he was selling online luxury platform Yoox Net-A-Porter (YNAP) to German player Mytheresa, in exchange for a 33% stake in the buyer.
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Deals of the day-Mergers and acquisitions

Deals of the day-Mergers and acquisitions Adds: Nissan, Duckhorn, Blue Owl, Heidelberg, Arcadium Updates: Chevron, Barnes Group Oct 7 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 14 17 GMT on Monday: * * Japan's Nissan Motor 7201.T said on Monday it would invest an undisclosed amount in ChargeScape and roll out the battery charging technology company's services to its electric-vehicle drivers across the United States and Canada.
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Deals of the day-Mergers and acquisitions

Deals of the day-Mergers and acquisitions Oct 7 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1050 GMT on Monday: ** IT firm Atos ATOS.PA is still aiming to reach a deal with the French state on the sale of its most strategic activities such as cybersecurity and super-computing, it said on Monday, after an initial government offer expired.
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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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Richemont rises after Yoox Net-A-Porter sale announcement

BUZZ-Richemont rises after Yoox Net-A-Porter sale announcement ** Shares in Cartier-owner Richemont CFR.S rise 1.8% after the Swiss company announced a deal to sell its Yoox Net-A-Porter (YNAP) online fashion and accessories business ** "Overall, we see the announcement as positive for the sentiment, although we estimate the impact on Richemont to
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European futures inch higher

LIVE MARKETS-European futures inch higher 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 EUROPEAN FUTURES INCH HIGHER European shares were set for a slightly higher start on Monday, following gains in Asia on Friday's strong U.S. jobs report and as investors kept pondering the implications of a Chinese recovery on the back of Beijing's stimulus measures.
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Richemont offloads online retailer Yoox Net-A-Porter to Mytheresa

UPDATE 2-Richemont offloads online retailer Yoox Net-A-Porter to Mytheresa Sale ends Richemont's search for buyer Mytheresa CEO confident company can improve the business Richemont shares gain after deal announced Adds details, share price, analyst, executive comment from paragraph 3 By John Revill ZURICH, Oct 7 (Reuters) - Cartier owner Richemont CFR.S has agreed to sell its loss-making Yoox Net-A-Porter online fashion and accessories business to Mytheresa 0FVy.MU , ending the search for a new
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Richemont announces deal to sell online retailer Yoox Net-A-Porter

Richemont announces deal to sell online retailer Yoox Net-A-Porter ZURICH, Oct 7 (Reuters) - Cartier-owner Richemont CFR.S has agreed to sell its Yoox Net-A-Porter (YNAP) online fashion and accessories business to Mytheresa in exchange for a 33% stake in the German luxury fashion platform, it said on Monday. Mytheresa will acquire 100% of the share capital of YNAP following the deal, which is expected to close in the first half of 2025, Richemont added.
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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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Swiss stocks - Factors to watch on October 1

Swiss stocks - Factors to watch on October 1 ZURICH/GDANSK, Oct 1 (Reuters) - Here are some of the main factors that may affect Swiss stocks on Tuesday: COMPANY STATEMENTS SFS Group AG SFSN.S - SFS Acquires Leading Slovenian Distribution Partner In Construction Industry ANALYSTS' VIEWS COMPAGNIE FINANCIERE RICHEMONT CFR.S - HSBC RAISES TARGET PRICE TO CHF 150 FROM CHF 140 SWATCH UHR.S - HSBC RAISES TARGET PRICE TO CHF 200 FROM CHF 170 ECONOMY Swiss August retail sales due at 0630 GMT.
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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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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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European luxury stocks keep rising on China stimulus

BUZZ-European luxury stocks keep rising on China stimulus ** Shares in China-exposed European luxury firms continue to rise after China's latest pledge for more stimulus ** China will deploy "necessary fiscal spending" to meet an economic growth target of roughly 5%, leaders pledged, following a raft of aggressive central bank policy easing measure
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Burberry, Experian, GEA Group

EUROPE RESEARCH ROUNDUP- Burberry, Experian, GEA Group Sept 26 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Burberry, Experian and GEA Group, on Thursday. HIGHLIGHTS * Burberry BRBY.L : RBC cuts target price to 650p from 800p * Experian EXPN.L : RBC raises to sector perform from underperform * FACC AG FACC.VI : Kepler Cheuvreux raises to buy from hold * GEA Group AG G1AG.DE : Morgan Stanley raises to overweight from equal-weight
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China's new stimulus plans make a splash in global markets

GRAPHIC -China's new stimulus plans make a splash in global markets LONDON, Sept 25 (Reuters) - China-exposed assets jumped on Tuesday after Beijing announced its biggest stimulus since the pandemic in a bid to pull the world's second-largest economy out of the deflationary funk that has shaken global currency and equity markets this year. The broader-than-expected package offers more funding and interest rate cuts.
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Luxury stocks sparkle in Europe after China unveils stimulus measures

BUZZ-Luxury stocks sparkle in Europe after China unveils stimulus measures Updates ** Shares in European luxury stocks move higher after China, a key market for the sector, unveiled its biggest stimulus since the pandemic ** STOXX Europe Luxury 10 index .STXLUXP , which tracks top luxury goods makers, is up around 3% ** RBC analysts say the measure
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European shares end higher as markets cheer China's stimulus plans

UPDATE 2-European shares end higher as markets cheer China's stimulus plans 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 0.7% Luxury stocks shine on China's stimulus UK's Smiths Group down after annual profit miss Sweden's Saab falls after BofA downgrade Updated at 1600 GMT By Pranav Kashyap and Shashwat Chauhan Sept 24 (Reuters) - European shares ended higher on Tuesday, with China-exposed firms such as luxury giants and
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Luxury stocks up in Europe after China unveils stimulus measures

BUZZ-Luxury stocks up in Europe after China unveils stimulus measures ** Shares in European luxury stocks move higher after China, a key market for the sector, unveiled its biggest stimulus since the pandemic ** STOXX Europe Luxury 10 index .STXLUXP , which tracks top luxury goods makers, is up around 2% ** RBC analysts say the measures should supp
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