French luxury goods maker LVMH sees its strongest growth in over two years. Watches, jewellery and Japan lead the way. Hermes also sees its sales accelerate but its share price tanked on the announcement. And its shares are still very expensive. Tesla sales accelerate but profit sank 57%. Shareholders weren’t impressed. Nike has now gone eleven straight quarters with no sales growth.
Over the last five years its share price is down an astonishing 75%. Luxury furniture company RH sales go negative for the first time in two years. And its share price is challenging Nike for the worst performance over five years…