Shares fall as luxury sector hit by weak Richemont earnings

  • 📰 IrishTimesBiz
  • ⏱ Reading Time:
  • 11 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 77%

United States News News

United States United States Latest News,United States United States Headlines

Second biggest luxury goods firm slumps by 10% amid poor sales

closed at €12.75, up 0.4 per cent over the day.The blue-chip FTSE 100 lost 0.4 per cent, while the more domestically focused FTSE 250 midcap index fell 0.9 per cent.

Focus now shifts to UK consumer prices data due Wednesday, after data last week showed US inflation easing. UK’s inflation is expected to ease slightly in June to 8.2 per cent from 8.7 per cent a month ago.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in US
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

United States United States Latest News, United States United States Headlines