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Chinese Demand Slump Drives Down LVMH Fashion Sales in Third Quarter
Paris, Wednesday, 14 October 2026.
LVMH reported a 5% decline in third-quarter fashion and leather sales, driven by a double-digit drop in mainland China. Despite US spending gains, weakening Asian demand highlights broader headwinds for the luxury sector.
latest news in economy
Rising Truck Parts Costs Signal Hidden Pressures on Freight Industry
Los Angeles, Tuesday, 13 October 2026.
Heavy-duty truck parts prices jumped 5.7% since early 2024, with critical driveline components surging nearly 13%, exposing persistent supply chain cost pressures despite cooling broader inflation.
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Digital Media Firm Daily Wire Funds High-Budget Hollywood Film Shot on 35mm
Los Angeles, Tuesday, 13 October 2026.
In a novel movie financing strategy, digital commentary publisher The Daily Wire has leveraged its direct subscription model to fund ‘Confession,’ an ambitious Soviet-era historical drama starring mainstream Hollywood talent.