LVMH CEO Bernard Arnault warns of impending doom on luxury retail for 2017. CNBC's Courtney Reagan reports.
European markets closed lower on Friday with investors digesting corporate earnings and fluctuations in currency markets.
LVMH CEO Bernard Arnault says he is looking at the second half of 2017 with a great caution due to factors including geopolitical risk.
U.S. equities closed mixed on Thursday after hitting new record highs, as investors digested several key earnings reports.
The Dow burst through 20,000 after just a two-month, 1000-point ride, and strategists say stocks could continue to move up for now, as retail investors are lured in.
Stocks closed at all-time highs after a series of executive orders from President Donald Trump increased bullish sentiment on Wall Street.
Stocks rose as on Tuesday, with materials spiking more than 2 percent on the back of more executive orders from Donald Trump.
U.S. equities fell on Monday, but closed off session lows, as investors looked for more details regarding President Donald Trump's policies.
European markets closed flat as investors cautiously awaited the inauguration of soon-to-be U.S. President Donald Trump.
The luxury market seems to have found a bottom — and investors are betting that Tiffany will be the next beneficiary.
“(The Fendi sisters) had tons of energy and I think I had a little good energy too. So it worked, it was great," Karl Lagerfeld tells CNBC.
An analysis of corporate CEOs visiting Trump Tower shows that their stocks have risen and outperformed the market on the day of their visit with Trump.
The gains in Fiat Chrysler, Alibaba and LVMH contrast with the declines in other stocks after negative comments from Donald Trump.
Facial recognition, computer vision and artificial intelligence are quickly becoming a part of everyday brick-and-mortar shopping.
The S&P luxury goods index hasn't budged since Donald Trump became president-elect, despite the promise of tax cuts. Here's why.
At a time of year when fragrance typically reigns supreme, cosmetics are giving the popular gifting item a run for its money.
L Catterton, the consumer-focused private equity fund, is counting on Asia for big opportunities.
'Icons of Modern Art: The Shchukin Collection' is being hailed as a once-in-a-lifetime event.
“I'm sure the Russian president will want to see the collection, and will at one point come and see it,” LVMH CEO Bernard Arnault told CNBC.
"When you do something which is successful and which is different you (will) have always critics," LVMH's Chairman and CEO, Bernard Arnault told CNBC.