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The Latest Breaking News from Jelena Sokolova

Prada scores a $200 million discount on imminent Versace deal thanks to tariff uncertainty, report says

After months of speculation, Prada's acquisition of Versace might finally happen—but the tariffs impact the deal's price.

Zara parent Inditex's shares plunge 8% after a slow start to the year with reluctant shoppers and market uncertainty

Zara parent Inditex's shares plunge 8% after a slow start to the year with reluctant shoppers and market uncertainty

Morningstar equity analyst Jelena Sokolova said it was “too early to extrapolate the slowdown into the future,” given Inditex’s 2024 performance.

5 investing trends for 2025—and 15 stocks to help you bet on them

5 investing trends for 2025—and 15 stocks to help you bet on them

How to play AI, luxury goods, defense, and more. (And while you're at it: Buy gold.)

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Will Burberry become a long-term victim of luxury downturn?

Burberry was the second-biggest faller in Kantar’s BrandZ ranking of brand value among 75 U.K. companies.

Zara parent Inditex sees retail profits surge to €2.8 billion as its new collection lures more shoppers

Inditex, which also owns Pull&Bear, Bershka, Massimo Dutti, and Stradivarius, said its spring and summer collections were "very well received."

Shares in LVMH and Kering down as shoppers rein in luxury spending

Shares down 4.4% on Wednesday as demand for fashion, watches, leather goods, perfumes and cosmetics slows

The Guardian - UK

Can iconic coat maker Burberry ever recover from CEO departures, a stodgy turnaround plan, and a 64% share decline in a year?

Burberry has had to navigate the twin challenges of a massive turnaround plan coupled with luxury market downturn.

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