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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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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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European shares end marginally lower as energy stocks drop

UPDATE 2-European shares end marginally lower as energy stocks drop For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window STOXX 600 down 0.1% Sweden cuts interest rates to 3.25% from 3.5% SAP down on report of alleged price-fixing Updated at 1600 GMT By Pranav Kashyap and Shashwat Chauhan Sept 25 (Reuters) - Europe' s STOXX 600 closed slightly lower on Wednesday as energy stocks tracked lower crude oil prices, while Germany's SAP slipped on ne
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Saint Laurent hits masculine note for spring catwalk show

Saint Laurent hits masculine note for spring catwalk show By Mimosa Spencer PARIS, Sept 24 (Reuters) - Saint Laurent creative director Anthony Vaccarello offered a lineup of ample, masculine suits for the Parisian label's spring-summer 2025 collection, with prominent shoulders and matching ties. Models made their way steadily around an open-air runway set up in the central courtyard of the Kering-owned PRTP.PA fashion house's Left Bank headquarters.
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Dior sends sporty fashion down Paris catwalk

Dior sends sporty fashion down Paris catwalk By Mimosa Spencer PARIS, Sept 24 (Reuters) - Christian Dior designer Maria Grazia Chiuri showed playful, sport-themed fashion for the LVMH-owned label's spring-summer 2025 ready-to-wear collection on Tuesday to a front row of celebrities and France's first lady Brigitte Macron. Models marched down a long, straight runway parading jersey dresses, assymetric bodysuits and black trousers with white racing stripes running along the legs.
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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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BP, Essentra, OMV

EUROPE RESEARCH ROUNDUP- BP, Essentra, OMV Sept 24 (Reuters) - Securities analysts revised their ratings and price targets on several European companies including BP Plc, Essentra Plc and OMV on Tuesday. HIGHLIGHTS * BP Plc BP.L : Jefferies cuts target price to 540p from 590p * Essentra Plc ESNT.L : Berenberg cuts target price to 200p from 255p * Energean Plc ENOG.L : Morgan Stanley cuts to equal weight from overweight * OMV AG OMVV.VI : JP Morgan raises to overweight from neutral * Saab AB SAAB
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European shares jump on China stimulus; luxury stocks shine

European shares jump on China stimulus; luxury stocks shine For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window Sept 24 (Reuters) - European shares opened higher on Tuesday, as China's sweeping stimulus measures boosted stocks of luxury companies and miners. The pan-European STOXX 600 index .STOXX gained 0.8% to 520.40 points by 0711 GMT, and France's CAC 40 .FCHI rose 1.4%, outperforming its peers.
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