A Chinese milk tea brand has been ordered to pay $1.5 billion to French luxury giant Louis Vuitton for trademark infringement. The case has sparked widespread discussion on Chinese social media about intellectual property protection. Bloomberg's China correspondent Minmin Low reports. (Source: Bloomberg)

Chinese consumers are showing signs of a renewed appetite for high-end beauty and fashion products, a rare bright spot for global luxury brands after years of weak demand and margin-eroding discounts in their most important growth market.

Bloomberg Television brings you the latest news and analysis leading up to the final minutes and seconds before and after the closing bell on Wall Street. Today's guests are Wells Fargo Chief Equity Strategist Ohsung Kwon, Hormel Foods President John Ghingo, Tola Capital Founder & Managing Director Sheila Gulati, Former LVMH North America Chair Pauline Brown, StoneX Group Chief Market Strategist & Chief Economist Kathryn Rooney Vera, Founder ETFs Portfolio Manager Michael Monaghan, Evercore Equity Analyst Peter Levine, Alex Mill Chairman Mickey Drexler, & Kearney Consumer Institute Lead Katie Thomas. (Source: Bloomberg)

Pauline Brown, former chair of LVMH North America, joined the discussion to analyze the ongoing k-shaped economic recovery, particularly within the luxury retail sector. She highlighted that even among luxury brands, performance is diverging significantly. She speaks with Romaine Bostick & Katie Greifeld on "The Close." (Source: Bloomberg)

Investors shed government bonds around the world, propelling borrowing costs to multi-year highs from Japan to the US amid intensifying fears that war-driven inflation will force central banks to pursue higher interest rates. Inflation is the overwhelming risk facing the economy, Fed Governor Michael Barr said on Thursday. The comments followed data this week that showed producer costs accelerating at the fastest pace since 2022. Traders are pricing in an almost two-thirds chance the Fed will hike interest rates in December, according to data compiled by Bloomberg. The Opening Trade has everything you need to know as markets open across Europe. With analysis you won't find anywhere else, we break down the biggest stories of the day and speak to top guests who have skin in the game. Hosted by Anna Edwards, Guy Johnson and Tom Mackenzie. (Source: Bloomberg)

US equity futures waver near an all-time high amid optimism surrounding a potential Iran peace deal. ASML shares rise after the firm boosted its guidance as surging global AI spending help fuel demand for its chipmaking machines. Bank earnings continue with Bank of America and Morgan Stanley. Jack Caffrey of JPMorgan Asset Management sees earnings further accelerating this year. Stephen Biggar of Argus Research takes a closer look at bank results. (Source: Bloomberg)

Stocks rose and oil declined as Iran and the US consider another round of peace talks, boosting expectations for a longer-term ceasefire in the Middle East. The US and Iran are weighing negotiations to extend a two-week ceasefire as Trump presses ahead with a naval blockade to curb the Islamic Republic’s oil exports. The objective is to hold fresh discussions before the truce expires, according to people familiar. Traders are also focused on first-quarter earnings at a time when the war in the Middle East is weighing on the outlook for the economy. The Opening Trade has everything you need to know as markets open across Europe. With analysis you won't find anywhere else, we break down the biggest stories of the day and speak to top guests who have skin in the game. Hosted by Anna Edwards, Guy Johnson and Tom Mackenzie. (Source: Bloomberg)

Luxury goods firm LVMH reported first-quarter organic revenue that missed consensus estimates, driven by the underperformance of its key fashion and leather goods division. Kering and Hermès are also due to report this week, as Bloomberg Opinion's Andrea Felsted explains. Her views are her own. (Source: Bloomberg)

L Catterton, the private equity firm backed by French luxury fashion house LVMH Moet Hennessy Louis Vuitton SE, is planning to invest around ¥50 billion ($313 million) in five Japanese consumer businesses over the next three years.

French billionaire Bernard Arnault, Europe’s richest man, further tightened his grip on LVMH after he delivered on a promise to boost his holding in the luxury group beyond the 50% mark.

Saks Global Enterprises said hundreds of brands, including Burberry and those owned by luxury powerhouses LVMH and Kering, have either resumed or continued shipping to the troubled retailer as it tries to emerge from bankruptcy.

The day after French billionaire Bernard Arnault vowed to raise his stake in luxury conglomerate LVMH to majority ownership, he hunkered down and started buying.

Gucci sales fell less than expected in the final months of 2025 as Kering's new CEO Luca de Meo pushes to revive the luxury group’s biggest brand. Bloomberg Opinion columnist Andrea Felsted analyzes what challenges lie ahead for the CEO. Her views are her own. (Source: Bloomberg)

European chip stocks surge after ASML smashes expectations in its latest numbers. The continent's most valuable company benefited from the rapid development of artificial intelligence infrastructure, which boosted demand for its cutting-edge chip-making machines. ASML's CEO told the Opening Trade that he believes in the sustainability of AI demand. Meanwhile luxury stocks drop after LVMH dims hopes of an imminent rebound in the sector with a disappointing set of results. Plus, Donald Trump raises the prospect of continuing weakness in the dollar. Markets look ahead to Fed Chair Jay Powell's first decision day press conference since the grand jury subpoena. The Opening Trade has everything you need to know as markets open across Europe. With analysis you won't find anywhere else, we break down the biggest stories of the day and speak to top guests who have skin in the game. Hosted by Anna Edwards, Guy Johnson and Tom Mackenzie. (Source: Bloomberg)

Bloomberg Daybreak Europe is your essential morning viewing to stay ahead. Live from London, we set the agenda for your day, catching you up with overnight markets news from the US and Asia. On today's show, US President Donald Trump’s relaxed tone about the dollar selloff is fueling speculation the greenback is at the start of a longer-term decline. He said he didn’t think the greenback had weakened excessively, sending it to a four-year low. ASML’s earnings beat, with bookings far surpassing consensus. The company announced a buyback of up to €12 billion by the end of 2028. Democratic US Representative Ilhan Omar was attacked during a town hall in Minneapolis, where tensions over federal immigration enforcement have come to a head after agents fatally shot two US citizens. Today's guests: French Finance Minister Roland Lescure & Hetal Mehta, Chief Economist at St. James's Place (Source: Bloomberg)

Sales at LVMH Moët Hennessy Louis Vuitton SE’s key fashion unit fell over the holiday season as it continued to suffer from sluggish demand. Organic sales at the fashion and leather goods division fell 3% in the fourth quarter, while analysts expected a drop of 2.94%. Bloomberg’s Caroline Connan reports.

Bloomberg Television brings you the latest news and analysis leading up to the final minutes and seconds before and after the closing bell on Wall Street. Today's guests are Wellington Management’s Brij Khurana, Sidley Austin LLP’s Ian McGinley, Allspring Global Investment’s Abby Roach, LVMH North America’s Pauline Brown, Interactive Brokers’ Steve Sosnick, Institute for Advanced Study’s Alondra Nelson, PIMCO’s Libby Cantrill, Author Don Winslow. (Source: Bloomberg)

Pauline Brown, former chair of LVMH North America, discusses LVMH’s outlook and the global luxury market with Romaine Bostick and Katie Greifeld on “The Close.” She says interest has picked up to levels she hasn’t seen in years, but the key question is whether it converts into sales. (Source: Bloomberg)

European stocks and US futures fell while havens such as gold rallied after President Donald Trump threatened levies on countries opposing his plans to acquire Greenland. The euro and Swiss franc advanced. Defense stocks are back on the march again as Trump's threats are met with defiant responses from European leaders. The Opening Trade has everything you need to know as markets open across Europe. With analysis you won't find anywhere else, we break down the biggest stories of the day and speak to top guests who have skin in the game. Hosted by Anna Edwards, Guy Johnson and Tom Mackenzie. (Source: Bloomberg)

Global luxury conglomerate LVMH Moet Hennessy Louis Vuitton SE and one of the world’s biggest private equity firms, Carlyle Group Inc., hold stakes in train operators facing scrutiny after a fatal crash on a railway that ferries tourists to Machu Picchu.