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TODAY'S MUST READThe French couture house reported revenues up 16 percent in 2023 and plans to increase capital expenditure by as much as 50 percent in 2024.

big-promo

TODAY'S MUST READThe French couture house reported revenues up 16 percent in 2023 and plans to increase capital expenditure by as much as 50 percent in 2024.

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The News in Brief

LVMH Deepens Partnership with Alibaba

The world’s largest luxury group is aiming to boost its digital presence in China, where demand has been hit by a property crisis and high youth unemployment.


Hims Debuts $199 Weight-Loss Shots at 85% Discount to Wegovy

This will help customers access these drugs without “navigating the shortages and costs that are currently limiting access to the branded medications,” Hims said in a press release. The company’s stock shot up as much as 38 percent on Monday, the biggest intraday move in more than three years.


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