Gucci Owner Kering Tumbles 12% as Luxury Braces for a Brutal Winter
The French group's sharp slide is the clearest signal yet that high-end spending is cooling, and the sector's biggest players should take note.

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The French group's sharp slide is the clearest signal yet that high-end spending is cooling, and the sector's biggest players should take note.
The CSRC green light lets Citigroup go solo in China's capital markets, just weeks before Xi and Trump meet at APEC.
Sony's exit from standalone UHD players in Japan signals a broader retreat from physical media, with Panasonic left to carry the torch.
Halima Salman's defense says her father forced her into Syria as a teen bride; prosecutors say she trained with Daesh. The verdict could reshape how US courts treat coerced affiliates.
Late-stage win sets up regulatory talks and could reshape how cancer is treated - and how biotech investors value mRNA platforms.
Musk's reported stake lands alongside Laurene Powell Jobs as the $111bn Paramount-WBD merger redraws Hollywood.
Flanagan and King extend the story beyond the prom after a 105-country No. 1 debut.
Vast resources and a huge population still attract capital, but regulatory chaos is pushing executives to look elsewhere.
The first distribution in the landmark liquidation signals a near-total wipeout for everyone holding Chinese property credit.
The coffee giant's purchase-before-seating rule goes national Thursday, a strategic pivot that redefines the third place and pressures rivals to follow.
Guardian investigation ties US-made stun guns to abuse of Palestinian detainees, putting Axon's export practices in the crosshairs.
European agencies from Belgium to Germany took websites dark to patch a critical weakness in the language behind almost 70% of the web, and the blast radius extends far beyond government portals.