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News
Ralph Lauren leans into denim and traditional navy coats at the New York Fashion Show (RL:NYSE)
4+ day, 1+ hour ago (60+ words) Seeking Alpha Ralph Lauren (RL) introduced its Spring/Summer 2027 Ralph Lauren Collection at a New York Fashion Week event. Namesake company founder Ralph Lauren made an appearance and called the spring collection an "irreverent take on romance that creates a…...
HSBC warns of tough H2 for European luxury stocks, downgrades LVMH, Burberry (LVMHF:OTCMKTS)
5+ day, 6+ hour ago (57+ words) Seeking Alpha - HSBC downgraded LVMH (LVMHF) and Burberry (BURBY) on Wednesday, citing limited visibility into the luxury retailers’ outlook for the second half of the year, sending shares lower 2.2% and 3.1% respectively. - HSBC cut LVMH to hold from its previous rating,…...
Volkswagen considers selling Ducati in review of holdings (VWAGY:OTCMKTS)
6+ day, 8+ hour ago (60+ words) Seeking Alpha neiu20001/iStock Editorial via Getty Images Volkswagen (VWAGY) is considering selling motorcycle maker Ducati as part of a broader review of its portfolio, Bloomberg reported, citing comments from Audi CEO Gernot Döllner. Ducati is among about 600 of Volkswagen’s 2,000 businesses…...
TCS strikes $373M deal for Porsche’s MHP technology unit (POAHY:OTCMKTS)
3+ week, 3+ hour ago (58+ words) Seeking Alpha VTT Studio/iStock Editorial via Getty Images India’s Tata Consultancy Services (TCS), one of the world’s largest IT services companies, will acquire Porsche’s (POAHY) IT services arm MHP for an enterprise value of €320 million ($373 million), expanding its footprint…...
Ferrari's first electric car sets a Sotheby's auction auto record (RACE:NYSE)
4+ week, 1+ day ago (74+ words) The first-ever electric car manufactured by Ferrari N.V. was sold at a Sotheby's auction for $40M to set a record for a new vehicle sold at auction. The car was identif... The first-ever electric car manufactured by Ferrari N.V. (RACE) was sold at…...
German direct investment in the U.S. plunges to three-year low (EWG:NYSEARCA)
4+ week, 9+ hour ago (31+ words) German companies sharply reduced direct investment in the U.S. in H1 2026, with investment falling to a three-year low as uncertainty over the trade policies discouraged companies from committing new capital....