Euro below $1 for the first time in 20 years is big draw for tourists, particularly Americans. The strong dollar versus the euro contributed to a four-fold rise in tourism. Luxury goods companies Richemont (CFR.S) and Burberry on Friday reported higher sales in Europe. American visitor Shawna Wilson says she has sprinkled out on four … Read more
Attendance at Chester festivals down on previous years. Racecourses should charge entry fees of £20 ($24) for entry. The Jockey Club would not fit into that category as they spend £7 million a year on marketing. The packed stands at Epsom and Royal Ascot are just the images a sport wants beamed worldwide but away … Read more
The world’s top luxury group LVMH said Tuesday the war in Ukraine and Covid-19 lockdowns in China didn’t hold back its first-quarter performance as sales jumped 29 percent from the same period last year to 18 billion euros ($19.5 billion). The performance by the group which contains brands such as Louis Vuitton, Dior, Celine, and … Read more
The French Luxury goods group LVMH will soon begin producing hand sanitizer at three of its perfume and cosmetics factories and will distribute to French hospitals to deal with coronavirus outbreak. International news sources say that 12 tonnes of sanitizer will be created this week rather than Christian Dior, Guerlain and Givenchy scents and make-up … Read more
