Daily LInks
1. LVMH on ‘a very good track’ for first half, CEO says: Bernard Arnault said on Thursday the French luxury goods giant was on a “very good track” regarding its performance for the first six months of the year. – Read More on Reuters
2. Finance Teams Gear Up for Potential New SEC Climate Disclosure Rules: The SEC in March presented a proposal that would require public companies to report their greenhouse-gas emissions for the first time and, in some cases, also provide that information for their suppliers and customers. – Read More on the WSJ
3. China’s multi-billion dollar shopping festival tests e-commerce giants and consumer appetite: Last year, the transaction volume across major e-commerce platforms totaled 578.5 billion Chinese yuan during the festival, up 26.5% year-on-year, but is expected to slow this year. – Read More on CNBC
4. Ferrari Commits to Building Luxury Lifestyle Brand: “Ferrari is at its core a luxury company and the most distinctive and innovative luxury brand, and we see huge opportunities lying ahead in further developing its lifestyle.” – Read More on Yahoo
5. Battered online retailers need new fashion model: Scrapping free returns, as 69 billion euro Zara-owner Inditex has already done, is one sure-fire way to drive down costs. – Read More on Reuters
