After a decade-long buying spree, demand in China is suddenly weakening. As a result, the market value of six European stock market giants has fallen by the equivalent of SEK 2,800 billion this year.
BusinessFrom its own brand JW Anderson to the Spanish luxury fashion house Loewe to the venerable French fashion house Dior. The acclaimed designer Jonathan Anderson takes over as creative director for Dior's menswear collection.
BusinessThe conglomerate LVMH, with brands such as Louis Vuitton and Christian Dior in its portfolio, has been knocked off the luxury throne by its competitor Hermès, which with its scarves and Birkin bags is now the highest valued on the Paris stock exchange.
BusinessAfter a hesitant opening, the Stockholm Stock Exchange continued upwards and closed clearly on the plus side. The broad OMXS index rose by 2.2 percent with reporting Ericsson as the day's rocket.
TechnologyA quarterly report from the French luxury conglomerate LVMH shows that the beginning of the year has been tougher than the market expected.
Business
