LVMH Shares Fall as Luxury Sector Growth Normalizes
LVMH’s in-line sales increase indicates a shift in luxury sector growth, leading to stock decline and questions about future earnings.
sales growth
Adidas and Puma’s Retro Terrace Sneakers Trend Could Challenge Nike, but U.S. and Chinese Demand Weakens
German sportswear giants Adidas and Puma are experiencing renewed interest in their retro “terrace” sneakers, potentially giving them an edge over Nike this summer, though overall consumer demand in the U.S. and China remains weak.
