Tapestry, Inc.

Ralph Lauren Corporation

LVMH Moet Hennessy - Louis Vuitton, Societe Europeenne

Shares of Tapestry, which owns Coach, and Ralph Lauren were more favorable to investors than LVMH and Gucci securities

American luxury has surpassed European luxury in terms of profitability. Will it be able to maintain its position?

Meta Platforms, Inc.

Apple Inc.

Amazon.com, Inc.

Trump's new duties caused a collapse&nbsp;on the first day of August in markets that were in euphoria after reports&nbsp;from the largest US tech companies.&nbsp;Apple, Amazon, Microsoft and Meta beat analysts' expectations on earnings and revenue, despite some weak segments. At the same time, the luxury sector is still in crisis: Hermès shares sagged despite sales growth, while Kering is facing a 25% drop in Gucci revenue and a growing debt load. The Fed kept rates unchanged and Donald Trump criticized Jerome Powell again. The main events from July 28 to August 1 - in our review.&nbsp;

Highlights of the week: bigtech reports, Trump's duties and Figma's debut


Hermes International Societe en commandite par actions

Birkin maker beats rivals thanks to customer loyalty, but analysts point to possible overheating


Hermès sales rise despite slump in luxury demand. Why did the stock fall after the report?

Kering SA

Weak demand for luxury goods is not Kering's only concern for investors

'Harsh reality': Gucci sales fall by a quarter, continuing the crisis at Kering

Burberry Group plc

Despite the first signs of stabilization, it is not yet possible to talk about the recovery of the luxury sector, says Mario Ortelli, managing director of Ortelli & Co.

Burberry has recorded another decline in sales. Why did its shares soar in value?

Renault SA

On June 15, Renault <a href="https://media.renaultgroup.com/announcement-regarding-the-governance-of-renault-group/">announced</a> that its CEO Luca de Meo will step down effective July 15. This is not a retirement. He will <a href="https://www.kering.com/en/news/kering-announces-the-appointment-of-luca-de-meo-as-chief-executive-officer/">take the helm</a> of French group Kering, which owns famous fashion brands Gucci, Balenciaga, Yves Saint Laurent, Brioni and others. Why would a luxury company from the world of fashion need the experience of a top manager from the world of automobiles?

Stranger in the fashion house: why the owner of Gucci hired a CEO from a car company

Over the past two years, the owner of Gucci has lost nearly 66% of its market value

Shares of the owner of Gucci soared on rumors of a change of head. Is this optimism justified?

Rheinmetall AG

It is the first company in the Euro Stoxx 50 index whose business is entirely focused on the defense industry


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