LVMH laying off, VF Corp doing the same, Moncler being downgraded and other woes plaguing luxury and the market more ...

Barclays (LON:BARC) has downgraded LVMH to “equal weight” from “overweight,” citing sustained macroeconomic headwinds, margin ...

Moët Hennessy plans to cut over 10% of its workforce following declining sales in key international markets.