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America One News
25 Oct 2024
#economy
Le Monde: Luxury goods: Salvo of poor quarterly results confirms storm warnings
The luxury goods sector is facing a significant downturn, particularly in China, with major brands like Gucci and LVMH reporting steep declines in sales. The third quarter of 2024 saw LVMH's fashion division drop by 5% and Kering's sales plummet by 15%, with Gucci down 26%.
Cosmetics companies like L'Oréal are also struggling, with a 6.5% sales drop in North Asia, as consumers shift towards mass-market products. Overall, changing consumer behavior and a slowdown in Chinese spending are impacting various segments of the luxury market.
#health
Fox News: After a breast cancer diagnosis, here are 10 important things you should do, experts say
One in eight women in the U.S. will be diagnosed with breast cancer, prompting a range of emotions and questions. Experts advise taking time to process the diagnosis, gathering information, and seeking support from loved ones and medical professionals.
Patients are encouraged to consider a second opinion, build a specialized care team, and connect with support groups. Maintaining a healthy lifestyle and focusing on emotional well-being are also important during this challenging journey.