Angelina Rascouët

@arascouet

Bloomberg News- European luxury/retail reporter in Paris; previously covered media/telco and OPEC/oil in London.

Paris, France

Joined June 2012

1KFollowing

4KFollowers

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Angelina Rascouët@arascouet · Jul 8

LVMH always keeping everybody on their toes and announcing earnings results now on July 24. It seems everybody else is able to schedule their reporting day well before the luxury behemoth.

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Angelina Rascouët@arascouet · Jun 26

Activist brands, yay or nay? Unilever bought Ben & Jerry's 25 years ago, but turns out it bought more than an ice cream maker. It bought a "social justice" activist label that's proving to be divisive. This comes as Unilever is hoping to spin off the ice cream unit. Personally, I…

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Angelina Rascouët@arascouet · May 16

Cartier, Van Cleef & Arpels are helping Richemont post solid results. In times of uncertainty, consumers def seem to be loyal to established jewelry brands whose designs will stand the test of time. bloomberg.com/news/articles/…

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Angelina Rascouët@arascouet · Jul 25

LVMH shares go from -2% to 5% in a v short period in this morning's trading session. What's going on? a trading reversal is also happening in health/autos/chemicals it seems. Tariff related?

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Angelina Rascouët@arascouet · Jul 21

And another customer data leak at Louis Vuitton. This time Hong Kong. In the past month it happened also in Korea and UK. And Dior leak reported in May. ⁦⁦@shirleyZhaoXY⁩ bloomberg.com/news/articles/…

arascouet's tweet card. Hong Kong’s privacy watchdog is investigating a data leak affecting about 419,000 customers of Louis Vuitton, as the luxury giant suffers from a string of cyber attacks across its key markets in...

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Angelina Rascouët@arascouet · Jul 16

Very strong results from Cartier owner Richemont. Sales of its jewelry unit surge 11% at constant fx. bloomberg.com/news/articles/…

arascouet's tweet card. Richemont posted better-than-expected sales as wealthy shoppers snapped up Cartier rings and bracelets, defying a wider downturn for luxury goods.

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Angelina Rascouët@arascouet · Jul 8

How's the luxury car market doing? well it's not doing great looking at Porsche. bloomberg.com/news/articles/…

arascouet's tweet card. Porsche AG warned of a tough road ahead for sales this year after a slowdown in the lucrative US market and persistent weakness in China.

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Angelina Rascouët@arascouet · Jul 3

Weekend to Nice ruined due to strike. Was meant to fly with AF. But reading this from Ryanair, just 😡: Even though it’s French ATC that are striking, most disrupted passengers are not even flying to/from France but just overflying French airspace en route to their destination…

RRyanair Press Team@RyanairPress · Jul 3

‼️French Air Traffic Control Strikes Latest‼️ 30 more flights cancelled (approx 5400 passengers affected) Total = 30K+ passengers affected Read more👇 corporate.ryanair.com/news/ryanair-c…

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Angelina Rascouët@arascouet · Jun 27

Nike’s performance in 🇨🇳: Greater China was the only region that didn’t beat estimates in the quarter. Executives said traffic remains challenged there and the recovery will take longer. bloomberg.com/news/articles/…

arascouet's tweet card. Nike Inc. said its yearlong sales decline is starting to ease, suggesting that Chief Executive Officer Elliott Hill’s strategic moves are paying off.

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Angelina Rascouët@arascouet · Jun 20

Crazy readership on this story: regulators in China could crack down on the Labubu doll craze. This hitting shares of Pop Mart in HK which makes the toys. bloomberg.com/news/articles/…

arascouet's tweet card. Pop Mart International Group Ltd. shares dropped in Hong Kong after a Chinese state media commentary called for stricter regulation of blind-box toys and trading cards, stoking concern over the...

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Angelina Rascouët@arascouet · Jun 20

My Big Take on the troubles at LVMH below 🚨 bloomberg.com/news/features/…

arascouet's tweet card. The luxury goods maker is reeling from a sharp downturn in the €364 billion industry — and questions about succession are growing louder.

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Angelina Rascouët@arascouet · Jun 15

Big management shakeup coming at Kering: Renault CEO Luca de Meo will leave the French carmaker to join the Gucci owner as CEO, Bloomberg reports, confirming info first reported by Le Figaro. More here: bloomberg.com/news/articles/…

arascouet's tweet card. Kering SA is set to name the chief executive officer of Renault SA as its next CEO, looking to an Italian manager who’s turned around the French automaker to perform a similar role at the owner of...

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Angelina Rascouët@arascouet · Jun 12

Bernard Arnault who normally gives out the award at VivaTech couldn’t come today. Antoine Arnault explains his diplomatic role prevented him from being here. Not sure Arnault ever skipped this award ceremony since it first started.

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Angelina Rascouët@arascouet · Jun 3

Times they are aaa changing: Rheinmetall to replace Kering in Euro Stoxx 50, JPMorgan says. @Bloomberg

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Angelina Rascouët@arascouet · May 22

ICYMI: LVMH is sending out signs that 2Q sales trends will remain soft amid weak demand in China. More details in our scoop below ⬇️ bloomberg.com/news/articles/…

arascouet's tweet card. LVMH is warning investors and analysts that demand remains soft after the luxury conglomerate missed revenue estimates for the first three months of the year, people familiar with the matter said.

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Angelina Rascouët@arascouet · May 22

Senate hearings in France with Bernard Arnault are such a boon for the totally unknown lawmakers holding them. Of course Arnault fires some zingers but then the senators get their five seconds of fame. How else would they get the attention of (global) media outlets otherwise?

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Angelina Rascouët@arascouet · May 16

LVMH has become a drag on the main Paris stock exchange, write ⁦⁦⁦@mikamsika⁩ ⁦⁦@JulienReuters⁩ bloomberg.com/news/articles/…

arascouet's tweet card. After being a boon to the Paris equity market for years, LVMH stock is now its biggest drag.

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