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Related Special Reports
...It: “I’m sorry, I don’t understand.” Consumer editor Claer Barrett investigates how customer service got so bad....
...Shares in French luxury group Kering however dived after it issued a rare profit warning because of falling sales at its Gucci brand, in contrast with improving fortunes at bigger rivals LVMH and Hermès....
...The Spanish company has been shifting its focus to more stylish designs in its long-running battle with Swedish rival H&M. As we highlighted in Monday’s DT, stock markets are having a bit of a moment....
...A rare bit of M&A to create the UK’s leading housebuilder and new data showing property prices continuing to rise offer new hope for a sector that has been badly hit by higher mortgage rates....
...The Twenty-4 was an easy-wearing, anytime, anywhere sort of watch, with the king of versatility that Hermès is chasing with its new Cut collection....
...The Energy Source newsletter (for Premium subscribers) details five trends likely to dominate the sector this year, from oil prices and M&A to renewables, reshoring and US dominance in liquefied natural...
...The global slowdown in luxury spending hit Kering’s Gucci and Saint Laurent brands as well as Hermès, maker of Birkin bags....
...If there were a fire, I’d probably save my Hermès Kellys. But what about my vintage Chanel? Don’t do it to me!...
...More tensions between China and the west were highlighted by the detention of an executive at the WPP-owned Group M agency in Shanghai over alleged bribery, following a raid on Friday....
...As we report today, ExxonMobil, which fired the starting gun on the current M&A race with its $60bn purchase of Pioneer two weeks ago, is still on the hunt for deals, or at least those where “one plus one...
...“It feels like something is going to snap but I’m not quite sure what.”...
...About 300 Wilko stores and distribution centres are expected to shut in the coming weeks although administrators have sold 51 sites to discounter B&M....
...One notable exception is Hermès which reported a 22 per cent rise in sales in the first half of the year....
...Here’s what else I’m keeping tabs on today: Economic data: Housing prices across 20 major US metropolitan areas are expected to have fallen again in May....
...“I don’t see a lot of politicians walking into a community and saying, ‘I know we like that battery factory where you’ve all got jobs but I’m going to take away the subsidies and send those jobs overseas...
...The pair take to attending leather and PVC parties, until a dangerous encounter with an “Hermès-scarf fetishist” in London brings their masquerading chapter to a close (and Sam’s submission with it)....
...Chevron announced its own mega-deal this week: a $53bn takeover of Hess that accelerates the pace of M&A activity in the sector....
...Here’s what else I’m keeping tabs on today: Manufacturing: S&P Global publishes its manufacturing purchasing managers’ indices for the EU, UK and US while the US Institute for Supply Management publishes...
...Here’s what I’m keeping tabs on today: US debt ceiling: The House rules committee will determine the framework for considering a deal to avert a national default before it is put to a vote tomorrow....
...ExxonMobil chief executive Darren Woods has long contended that oil and gas will remain central to the world’s energy mix despite efforts to drive down emissions created by burning them....
...You have moments of crisis, I guess, and I’m not sure I’ve ever really thought I’m good at it, just that I’ve got something different to offer. Some people like what you do and some don’t....
...Switzerland’s Richemont followed other luxury groups such as France’s LVMH and Hermès with bullish earnings after sales picked up in Asia and in particular in China....
...said Pierre-Alexis Dumas, scion of Hermès’ controlling dynasty and artistic director of the brand, modestly. No, it was great. It’s a bold word, “great”....
...Higher interest rates and a transatlantic banking crisis choked off M&A in the first quarter, almost halving the value of transactions....
...On travels overseas, I’d pop into Hermès and pick up a duty-free tie to add to the collection....
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