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Anglo American in Talks to Sell De Beers for $1 Billion Amid Diamond Market Crisis

Anglo American in Talks to Sell De Beers for $1 Billion Amid Diamond Market Crisis

Anglo American in Talks to Sell De Beers for $1 Billion Amid Diamond Market Crisis
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Aston Martin loss wider than expected, keeps annual outlook intact

Aston Martin loss wider than expected, keeps annual outlook intact

July 29 (Reuters) - Aston Martin's second-quarter loss was worse than market expectations on Wednesday, underscoring the scale of the challenges the luxury carmaker faces as it banks on sales of its Valhalla hybrid supercar and cost cuts to drive a turnaround.
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Birkin bag maker Hermes delivers modest sales improvement

Birkin bag maker Hermes delivers modest sales improvement

By Dominique Patton PARIS, July 29 (Reuters) - Hermes reported a slight acceleration in growth in the second quarter on Wednesday, as the impact from the Middle East conflict eased and tourism recovered in France.
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Birkin bag maker Hermes posts 7% rise in quarterly sales

Birkin bag maker Hermes posts 7% rise in quarterly sales

By Dominique Patton PARIS, July 29 (Reuters) - French luxury group Hermes reported a slight acceleration in growth in the second quarter on Wednesday, as the impact from the Middle East conflict eased and tourism recovered in France.
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Shell profit more than doubles to $9.8 billion, second-highest on record, as Iran war lifts prices

Shell profit more than doubles to $9.8 billion, second-highest on record, as Iran war lifts prices

By Stephanie Kelly and Shadia Nasralla LONDON, July 30 (Reuters) - Shell's net profit more than doubled from last year to $9.84 billion in the second quarter, beating expectations, helped by higher energy prices and increased market volatility during the Middle East conflict.
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Kering Group Reports Growth in Q2 2026 as Turnaround Strategy Shows Results

Kering Group Reports Growth in Q2 2026 as Turnaround Strategy Shows Results

Kering Group Reports Growth in Q2 2026 as Turnaround Strategy Shows Results
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P&G forecasts slower annual sales growth as costs weigh

P&G forecasts slower annual sales growth as costs weigh

By Juveria Tabassum and Alexander Marrow July 29 (Reuters) - Procter & Gamble on Wednesday forecast slower revenue growth in fiscal 2027 after quarterly sales fell short of estimates and margins dropped under a "very challenging geopolitical and economic environment".
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LVMH Reports 1% Growth in Fashion Sales, Signaling Recovery After Prolonged Decline

LVMH Reports 1% Growth in Fashion Sales, Signaling Recovery After Prolonged Decline

LVMH Reports 1% Growth in Fashion Sales, Signaling Recovery After Prolonged Decline
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LVMH Reports Stable Growth Amid Middle East Conflict Impact

LVMH Reports Stable Growth Amid Middle East Conflict Impact

LVMH Reports Stable Growth Amid Middle East Conflict Impact
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LVMH fails to reassure on luxury recovery, shares fall

LVMH fails to reassure on luxury recovery, shares fall

July 28 (Reuters) - Shares in LVMH slipped 1.5% on Tuesday after the French luxury giant's second-quarter results failed to reassure investors that a broader recovery in luxury demand was firmly underway, despite signs of improvement at its key fashion and leather goods division.
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LVMH sales tick up as US luxury demand offsets hit from Iran war

LVMH sales tick up as US luxury demand offsets hit from Iran war

By Dominique Patton PARIS, July 27 (Reuters) - Sales at luxury giant LVMH edged higher in the second quarter as strong demand from affluent U.S. shoppers helped offset weaker spending in Europe, where tourism has been hit by the Iran war.
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Coca-Cola Reports Strong Q2 2026 Performance Amidst Industry Challenges

Coca-Cola Reports Strong Q2 2026 Performance Amidst Industry Challenges

Coca-Cola Reports Strong Q2 2026 Performance Amidst Industry Challenges