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?

The ability of companies to raise prices is limited, with some estimates already rising an average of 33% in the four years since the pandemic

The EU-US deal has given respite to the luxury sector. What does it mean for brands' profits?

Microsoft Corporation

Donald Trump's August deadline on duties is no longer weighing on Wall Street: the U.S. S&amp;P 500 and Nasdaq Composite indexes ended last week at all-time highs, while the Dow Jones came close to the record, <a href="https://www.barrons.com/articles/amazon-apple-visa-meta-fed-inflation-jobs-607de827?mod=RTA">writes</a> Barron's. The U.S. trade agreement with the European Union, <a href="https://www.bloomberg.com/news/articles/2025-07-27/eu-us-clinch-deal-to-avoid-trump-tariff-hike-ahead-of-deadline">concluded</a> on July 27, should add to investor optimism early this week.

Magnificent Seven earnings and the Fed meeting: what investors need to know this week

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.

#: 6

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

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

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

The EU-US deal has given respite to the luxury sector. What does it mean for brands' profits?

Magnificent Seven earnings and the Fed meeting: what investors need to know this week

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