|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's range||36.30 - 37.84|
|52-week range||36.30 - 50.75|
|Beta (5Y monthly)||N/A|
|PE ratio (TTM)||N/A|
|Forward dividend & yield||N/A (N/A)|
|1y target est||N/A|
Most European shares ended slightly lower on Thursday amid mixed signals on a U.S.-China "phase-one" trade deal, while a slide in Glencore shares on a bribery investigation tied in with a strong pound to push London's benchmark index to near two-month lows. Stocks around the globe have been on a roller coaster ride this week as investors struggled to demystify messages from U.S. President Donald Trump on the trade war.
PARIS/MILAN, Dec 5 (Reuters) - The chief executive and top shareholder of puffer jacket maker Moncler played down speculation around a takeover by Gucci-owner Kering on Thursday, saying the two firms sometimes talked but that there was no deal in the works. Shares in the Italian label, which has become a luxury industry darling in recent years after a makeover under CEO Remo Ruffini, surged earlier after Bloomberg reported that it had held exploratory discussions with Kering.
European shares steadied after stellar gains on Wednesday, as mixed signals on a U.S.-China "phase-one" trade deal continued to discourage investors from making risky bets. The pan-European STOXX 600 rose 0.3% by 0814 GMT, mainly driven by bond proxy utilities, healthcare and real estate sectors.
* European shares cruise higher * STOXX 600 climbs back to April 2015 highs * Trump says U.S. China trade deal near * Wall St at record levels on trade hopes, economic data Welcome to the home for real-time coverage of European equity markets brought to you by Reuters stocks reporters and anchored today by Joice Alves. Reach her on Messenger to share your thoughts on market moves: rm://firstname.lastname@example.org CLOSING SNAPSHOT: AN INCH AWAY FROM RECORD HIGHS (1642 GMT) European shares are less than 6 little points away from their highest level ever! The STOXX 600 closed at 409.71, a high not seen since April 2015 when on the 15th of that month, it touched its life record of 415.18 points.
* European shares cruise higher * STOXX 600 climbs back to April 2015 highs, up 0.3% * Trump says U.S. China trade deal near * Wall St at record levels on trade hopes, economic data Welcome to the home for real-time coverage of European equity markets brought to you by Reuters stocks reporters and anchored today by Joice Alves. The takeover of Tiffany is surely a big deal - the biggest ever for the acquisitive French giant - but the feeling among traders and executives is that luxury M&A has more room to go.
HONG KONG/PARIS/MILAN, Oct 2 (Reuters) - Global luxury brands from Prada to Cartier are counting the cost to their businesses of four months of unrest in Hong Kong that has kept tourists away and forced shops to shut, with upcoming results set to reveal the damage. Hong Kong, which ranks among the world's top five luxury destinations, has long been a magnet for brands attracted by the flow of visitors from mainland China.
Fashion & Retail at the tech giant, will have to develop Tod's digital strategy along with the chairman and the chief executive officer. Dubbed Tod's Factory, the new strategy was launched in late 2017 to reverse falling sales and refresh the group's namesake brand.
Shares in Italian shoemaker Tod's fell as much as 8.4% on Thursday after sales declined in the first half of the year when the company also made a net loss. The group, best known for its 450 euro (£411) per pair Gommino loafers, has been struggling for several years to rejuvenate its brands, which also include Hogan, Fay and Roger Vivier, in a crowded marketplace. Tod's shares have lost about a fifth of their value in the past week alone.
With Notre Dame still smoldering, French President Emmanuel Macron promised to rebuild the great cathedral and called for donors. France’s luxury industry led the way, with Bernard Arnault, the billionaire founder of the LVMH fashion conglomerate, promising 200 million euros ($226 million) and Francois Pinault of rival fashion group Kering 100 million euros. Paris Mayor Anne Hidalgo offered money from city coffers and promised to organize an international donor conference.
With scale, strong brands in fashion, cosmetics and beverages, as well as geographic reach, LVMH can prosper in both good times as well as bad. LVMH rose to a record on Thursday. It’s worth pointing out that it wasn’t all stellar news for LVMH: watch and jewelry sales missed analysts’ expectations.
Tod's founder and top shareholder Diego Della Valle bought a further 1 percent of the Italian luxury goods group this week, a regulatory filing showed, following disappointing full-year sales. Both investments were done outside of a commitment to buy up to 5 percent of the company which Della Valle took in December as a proof of his confidence in the group, the company said. Della Valle owned 60.7 percent of Tod's as of mid-2018.