The European Commission has fined Gucci, Chloé, and Loewe a combined €157 million for breaching EU antitrust laws by limiting how retailers could price their products. The decision exposes deeper issues within the luxury fashion market, where brand image, distribution control, and competition law increasingly intersect. The EU’s probe revealed that the three high-end fashion
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The European Commission has fined Gucci, Chloé, and Loewe a combined €157 million for breaching EU antitrust laws by limiting how retailers could price their products. The decision exposes deeper issues within the luxury fashion market, where brand image, distribution control, and competition law increasingly intersect. The EU’s probe revealed that the three high-end fashion
4.7KHeathrow Airport is preparing for a major leadership transition as former BT Group chief executive Philip Jansen emerges as the frontrunner to become its next chairman, reported Sky News. The move comes as Britain’s largest aviation hub pushes ahead with a long-awaited £50 billion expansion plan, including the construction of a third runway and significant
Heathrow Airport is preparing for a major leadership transition as former BT Group chief executive Philip Jansen emerges as the frontrunner to become its next chairman, reported Sky News. The move comes as Britain’s largest aviation hub pushes ahead with a long-awaited £50 billion expansion plan, including the construction of a third runway and significant
4.7KOnline shoppers in the US are expected to spend $253.4 billion this November and December, a 5.3% rise from last year, according to Adobe Inc. But this holiday season’s growth story is not just about how much consumers are spending — it’s about how they are spending. Artificial intelligence, social media discovery, and flexible payment
Online shoppers in the US are expected to spend $253.4 billion this November and December, a 5.3% rise from last year, according to Adobe Inc. But this holiday season’s growth story is not just about how much consumers are spending — it’s about how they are spending. Artificial intelligence, social media discovery, and flexible payment
4.7KRivian stock price has rebounded in the past few weeks, moving from the August low of $11.53 to $16 today. It is hovering at its highest level since May 27, with its market capitalization being over $18 billion. Rivian has made progress this year Rivian, the Amazon and Volkswagen-backed electric vehicle company, has made some
Rivian stock price has rebounded in the past few weeks, moving from the August low of $11.53 to $16 today. It is hovering at its highest level since May 27, with its market capitalization being over $18 billion. Rivian has made progress this year Rivian, the Amazon and Volkswagen-backed electric vehicle company, has made some
4.6KCantor Fitzgerald has reiterated its bullish stance on Nvidia, suggesting that the chipmaker’s meteoric rise may still have room to run. The investment firm raised its price target on Nvidia shares to $300 from $240, implying a potential 59% upside from current levels, while maintaining its overweight rating on the stock. Analyst C.J. Muse highlighted
Cantor Fitzgerald has reiterated its bullish stance on Nvidia, suggesting that the chipmaker’s meteoric rise may still have room to run. The investment firm raised its price target on Nvidia shares to $300 from $240, implying a potential 59% upside from current levels, while maintaining its overweight rating on the stock. Analyst C.J. Muse highlighted
4.6KRejecting reports of a split with the brass, the Department of War says the National Defense Strategy was ‘seamlessly coordinated’ with senior civilian and uniform leaders — and that ‘any narrative to the contrary is false.’ On Monday, The Washington Post reported that multiple senior officers had raised concerns about the forthcoming strategy, pointing to
Rejecting reports of a split with the brass, the Department of War says the National Defense Strategy was ‘seamlessly coordinated’ with senior civilian and uniform leaders — and that ‘any narrative to the contrary is false.’ On Monday, The Washington Post reported that multiple senior officers had raised concerns about the forthcoming strategy, pointing to
4.6KAndrea Bocelli paid President Donald Trump a visit at the White House on Oct. 17. Trump’s special assistant, Margo Martin, shared a video of the moment on X, formerly known as Twitter. While the Italian tenor appeared to give an impromptu performance in the Oval Office, Trump stood behind the Resolute Desk as Bocelli stood
Andrea Bocelli paid President Donald Trump a visit at the White House on Oct. 17. Trump’s special assistant, Margo Martin, shared a video of the moment on X, formerly known as Twitter. While the Italian tenor appeared to give an impromptu performance in the Oval Office, Trump stood behind the Resolute Desk as Bocelli stood
4.6KShares of American software firm Confluent soared in premarket trading on Wednesday after reports that the company is exploring a potential sale following acquisition interest from private equity and technology firms. The stock rose 18%, its sharpest single-day jump in months, following a Reuters report that cited sources who said Confluent has hired an investment
Shares of American software firm Confluent soared in premarket trading on Wednesday after reports that the company is exploring a potential sale following acquisition interest from private equity and technology firms. The stock rose 18%, its sharpest single-day jump in months, following a Reuters report that cited sources who said Confluent has hired an investment
4.6KThe DAX Index has remained in a tight range in the past few weeks as the recent bull run faded. It was trading at €23,766, down a bit from the year-to-date high of €24,635. It has jumped by 30% from its lowest point this year. This article explores some of the best DAX Index constituents
The DAX Index has remained in a tight range in the past few weeks as the recent bull run faded. It was trading at €23,766, down a bit from the year-to-date high of €24,635. It has jumped by 30% from its lowest point this year. This article explores some of the best DAX Index constituents
4.6KUS conglomerates are increasingly breaking up into focused, independent companies as spin-offs gain traction as a strategy to unlock shareholder value, sharpen management focus, and respond to market demands. Corteva said on Wednesday that it plans to spin off its seed business into a separate publicly traded company, joining a wave of major firms pursuing
US conglomerates are increasingly breaking up into focused, independent companies as spin-offs gain traction as a strategy to unlock shareholder value, sharpen management focus, and respond to market demands. Corteva said on Wednesday that it plans to spin off its seed business into a separate publicly traded company, joining a wave of major firms pursuing
