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Birkin Bag Maker Plunges Most Since 2010 As Soft China Demand Weighs On Leather Sales
Birkin Bag Maker Plunges Most Since 2010 As Soft China Demand Weighs On Leather Sales
Hermès shares in Paris suffered their steepest intraday decline in nearly 16 years after second-quarter leather goods sales missed estimates among analysts tracked by Bloomberg, reigniting concerns over the luxury group's large exposure to the Chinese market.
Second-quarter sales in the leather goods division rose 10.2% at constant exchange rates, missing the Bloomberg Consensus estimate of 10.7%. Overall revenue increased 6.7% to about 4.1 billion euros, slightly ahead of estimates, driven by 13.7% growth in the...
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Aug 21, 2026 / Tyler Durden
Futures Rise On Opex Day As Yields Stabilize; Bitcoin Almost Tags $80,000
Futures Rise On Opex Day As Yields Stabilize; Bitcoin Almost Tags $80,000
US futures rebound from Thursday's slump, and trade at session highs on. As of 8:15am ET, S&P 500 futures were 0.4% higher with Nasdaq 100 contracts up 0.6%, while Bitcoin headed for its best week in more than three years, rising just shy of $80,000 before reversing. S&P 500 futures jerked higher and yields extended declines as oil edged lower shortly after 7am ET on this headline: *IRAN’S PRESIDENT SAYS BETTER TO END WAR TODAY WITH DIGNITY:ISNA, and while the...
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Apr 13, 2026 / Tyler Durden
Virginia Governor Signs Law Banning 'Ghost Guns'
Virginia Governor Signs Law Banning 'Ghost Guns'
Authored by Michael Clements via The Epoch Times,
Virginia Gov. Abigail Spanberger signed a bill to ban so-called “ghost guns,” another making it easier to sue gunmakers and sellers, and two other bills concerning possession of firearms by persons under court orders.
The bills - signed on April 10 - are among more than two dozen gun control and gun safety bills that the Virginia General Assembly sent to Spanberger after its regular session ended on March 24.
“Preventing gun violence is an issue of public...
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Aug 11, 2026 / Tyler Durden
Mysterious Drone Threat Emerges At America's "Unsinkable Aircraft Carrier," Prompting Curfews
Mysterious Drone Threat Emerges At America's "Unsinkable Aircraft Carrier," Prompting Curfews
One of the most strategically important US military bases outside the continental U.S., often described as an "unsinkable aircraft carrier" in the central Indian Ocean, faces a mysterious drone threat, according to a new report.
TWZ cited the UK Ministry of Defense, which said it was aware of reported drone sightings over the remote US-UK military base but declined to identify the drones.
"We are aware of reported sightings of drones (UAS) over Diego Garcia," the UK Defense Ministry (MoD) told...
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