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European luxury brand stocks plunge sharply as US-Iran war threatens Middle East demand, with LVMH down 5.08% and Kering falling 7.59%, outpacing broader market declines amid fears of prolonged conflict impacting discretionary spending in a key growth region for high-end brands.

Shinsegae Co. is projected to post a 60% year-on-year jump in Q4 operating profit, driven by luxury department store renovations and an expanded high-end brand lineup, with analysts raising target prices amid improved earnings outlook.
Women’s Wear Daily: Archive Fans Rejoice: A New Course in Luxury Heritage Management to Launch in Milan. “Titled ‘Luxury Heritage Management: Branding & Archive,’ the 120-hour executive course was conceived to meet demand and aimed at training future heritage managers and professionals skilled in understanding, interpreting, managing, enhancing and communicating the tangible and intangible […]