Week 18 in Luxury: Louis Vuitton's Dominance, Porsche's EV Crisis, Burberry's Struggles, Richemont's Mixed Results, and NYC Housing Cuts
Welcome to the Week 18 edition of "This Week in Luxury," where we’ll bring you the latest developments in the world of luxury!
1. LOUIS VUITTON REIGNS SUPREME: HOW THE ICONIC BRAND DOMINATED LUXURY IN 2025
Amid economic uncertainty, Louis Vuitton's timeless appeal and strategic focus have kept it at the top of the luxury world.
Read the full article here | CEO TODAY
2. Porsche Blames Electrification For Deepening Crisis
Porsche plunged into EVs with ambition. But as economic headwinds worsen, an inflexible strategy could spell trouble.
Read the full article here | INSIDE EVS
3. Is Burberry’s job-slashing shake-up enough to save the troubled brand?
Lacklustre designs and a slowdown in the luxury goods market have taken a heavy toll on the British fashion label
Read the full article here | GUARDIAN
4.Richemont shares gain after beating revenue forecasts, margins lag
Richemont reported €21.4B in revenue, boosted by strong jewelry sales, but margins remain tight amid mixed regional performance.
Read the full article here | INVESTING
5.NYC’s public housing funding could be slashed in half as city Dems slam ‘reckless’ Trump admin
Proposed budget reductions for 2026 threaten to slash public housing funds, potentially leaving NYCHA residents vulnerable.
Read the full article here | NEW YORK POST
That concludes this week's edition of "This Week in Luxury." Stay tuned for more updates on the world of luxury in the weeks to come!
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