Rogerio Fujimori

Imperial Tobacco Falls Most Since 2009 on First-Half Profit Blow

Imperial Tobacco Group Plc, Europe’s second-biggest tobacco company, slumped the most since May 2009 in London trading after saying first-half profit will decline because of worsening conditions in countries such as Spain.

Zegna Says China Luxury Demand Returning After New Leaders Named

Ermenegildo Zegna SpA said Chinese demand for its luxury products rebounded in the fourth quarter, boosting 2012 sales growth and easing concern that the Asian nation’s leadership transition may continue to weigh on revenue.

Philip Morris Profit Tops Analysts’ Estimates on Sales in Russia

Philip Morris International Inc., the world’s largest publicly traded tobacco company, reported second-quarter profit that beat analysts’ estimates, spurred by demand for cigarettes in Eastern Europe.

Hermes Raises Full-Year Forecast as Third-Quarter Sales Surge

Hermes International SCA , the French luxury-goods maker in which LVMH Moet Hennessy Louis Vuitton SA holds a stake, raised its full-year revenue forecast after third-quarter sales surged 31 percent.

Imperial Tobacco Cigarette Volumes Dropped 4.3% in Nine Months to End-June

Imperial Tobacco Group Plc, the maker of Davidoff cigarettes, said volume declines worsened in the last quarter as fewer people smoked in Spain and the U.S.

LVMH First-Quarter Sales Top Estimates, Defying Slowdown

LVMH Moet Hennessy Louis Vuitton SA, the world’s largest maker of luxury goods, reported first- quarter sales that beat analysts’ estimates as demand for its products accelerated, defying an “uncertain” European economy.

PPR Finds Bolt No Match for Champagne in Race with LVMH

When Usain Bolt steps into the starting blocks at the London Olympics, Francois-Henri Pinault will likely be watching with greater interest than most fans of the Jamaican sprinter called the fastest man on earth. As chief executive officer of PPR SA -- the French company that owns shoemaker Puma SE -- Pinault has a lot riding on Bolt, one of the few star athletes to wear the footwear brand.

BAT Profit Rises 11%, Steps Up Buybacks

British American Tobacco Plc, Europe’s largest cigarette maker, said it will step up a buyback program this year by repurchasing 1.25 billion pounds ($2 billion) of shares after profit rose 11 percent in 2011.

Hermes Birkin Bags, IPhone Cases Spark LVMH's Stake

LVMH Moet Hennessy Louis Vuitton SA Chairman Bernard Arnault ’s investment in Hermes International SCA brings him closer to the luxury brand he has been trying to emulate for years.

Swiss Stocks Rise; Richemont, Transocean, Swatch Gain, Credit Suisse Falls

Swiss stocks gained as Novartis AG and Transocean Ltd. advanced, pushing the benchmark Swiss Market Index to its highest level since June.

"It was a soft quarter, with trading worsening in Europe and Russia, and this means profits will be under pressure in the first half."

- Rogerio Fujimori on Jan 30, 2013

Europe

London

France

Asia

Kobe Bryant Sued Over Bid to Block Mom’s Memorabilia Sale

NRA Celebrates Gun Control Defeat, Senators Face Backlash

Payrolls in U.S. Rise 165,000 as Unemployment Rate Drops

U.S. Stocks Climb to Record as Jobs Growth Tops Forecasts

Billionaire Kaiser Exploiting Charity Loophole With Boats