Market Pulse | All Eyes on America

Savigny Luxury Index August 2014 | Source: Savigny Partners

The Savigny Luxury Index regained some of the ground it had lost over June and July, increasing by 2.2 percent in August on the back of positive results announcements. The MSCI World Index also gained 2.2 percent as the debate over US interest rate rise rumbles on.

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Kors crushes earnings, Esprit plummets, Inditex defies crisis, Louboutin woes, Vogue Ukraine

Michael Kors Spring/Summer 2012 | Source: Lelima

Kors Crushes Earnings: Will the Growth Continue? (Daily Finance) “Shares of design house Michael Kors popped on the open today, with the stock climbing more than 5%. The luxury-goods retailer reported fiscal fourth-quarter earnings that beat on both the top and bottom lines.” Clothing retailer Esprit’s shares slide 23 percent as CEO quits (Reuters) “Shares of Esprit Holdings Ltd fell by nearly a quarter on

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