Andrea Felsted

London

Consumer Columnist at Bloomberg Opinion

Consumer, retail, luxury writer at Bloomberg Opinion @opinion. All Views Mine. Retweets not endorsements. I also like cats

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Articles

Onda de otimismo do mercado de luxo para 2025 já ficou no passado

1 week ago | bloomberglinea.com.br | Andrea Felsted

Bloomberg Opinion — O mini boom do mercado de luxo desde a virada do ano já acabou. Na segunda-feira (14), a LVMH informou que as vendas do primeiro trimestre não atenderam às expectativas. Nenhuma divisão gerou crescimento. Cada uma delas ficou abaixo do esperado. A unidade de moda e artigos de couro, uma das mais cruciais para o grupo, relatou um declínio de 5% nas vendas, excluindo movimentos cambiais, muito abaixo da queda de 0,6% esperada.
Shoppers Are Panic-Buying. It Won’t Last.

1 week ago | bloomberg.com | Andrea Felsted

Shop ’til tariffs drop? (Bloomberg Opinion) -- US consumers spent big last month. But despite those dollar signs, no one should be celebrating. The value of US retail sales, not adjusted for inflation, rose 1.4% in March from the month earlier — the biggest jump in two years, Commerce Department data showed. The upswing in purchasing is less a reflection of confident shoppers than it is of Americans opting to buy before President Donald Trump’s tariff regime pushes up prices.
Lessons for Luxury From the Art World’s Miserable Year

1 week ago | bloomberg.com | Andrea Felsted

Rene Magritte's "L'empire des lumières" on display. (Bloomberg Opinion) -- The luxury sector can learn from the art market’s pain. Sellers of Balenciaga bags and Banksy works have both been hit by last year’s bursting of the bling bubble. The art market responded by ensuring it has a plentiful supply of affordable pieces to tempt new buyers. Luxury houses should do the same.
Lessons for Luxury From the Art World’s Miserable Year

1 week ago | flipboard.com | Andrea Felsted

There has been speculation that some high-profile châteaux will again cut prices for en primeur releases, as critics begin tasting barrel samples of …
Prada and Versace Could Be a $1.4 Billion Clash

2 weeks ago | bloomberg.com | Andrea Felsted

Turning things upside down? (Bloomberg Opinion) -- Pradace is real. Prada SpA said on Thursday that it would pay just under $1.4 billion for Versace from Capri Holdings Ltd. Although collaborations are all the rage right now, this is one fashion mash-up that should have stayed in the design room. At least Prada has negotiated a more reasonable price with Capri Chief Executive Officer John Idol than the up to $1.5 billion initially mooted. But investors will still need patience.
Trump Tariffs: Market Tumble Won’t End Until Companies Open Up

2 weeks ago | bloomberg.com | Andrea Felsted

Few firms have spelled out their exposure to Trump’s tariffs. Now is the time for clear, public disclosure. CEOs shouldn’t feel good about their ability to withstand Donald Trump’s trade war. After the US president slapped punitive import rates on trading partners around the world, shares in companies making products in Asia and selling to US consumers have sunk as investors struggled to quantify their ramifications.
Trump Tariff Pain for Retailers Could Be Worse Than Expected

2 weeks ago | bloomberg.com | Andrea Felsted

US retail stocks plunged last week as the market digested the likely impacts of President Donald Trump’s new tariffs, which could hit countries like Vietnam and Bangladesh — essential players in the many products’ supply chains — particularly hard. Bad news: As negative as investors are feeling, the reality could be significantly worse.
Your Rolex and Nikes are about to get more expensive

3 weeks ago | businesstimes.com.sg | Andrea Felsted

EVEN Bernard Arnault couldn’t save European luxury from Donald Trump’s tariffs. The US president on Wednesday (Apr 2) introduced swingeing levies on European and Swiss goods. The onslaught will hurt exports of Louis Vuitton handbags and Rolex watches, likely making them even pricier for US buyers.
Your Rolex and Nikes are about to get more expensive

3 weeks ago | afr.com | Andrea Felsted

Andrea FelstedUpdated Apr 4, 2025 – 7.41am, first published at 7.09am or Subscribe to save articleSubscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe. Subscribe nowAlready a subscriber? Even Bernard Arnault couldn’t save European luxury from Donald Trump’s tariffs. The US president this week introduced sweeping levies on European and Swiss goods.
Your Rolex and Nikes Are About to Get More Expensive

3 weeks ago | bloomberg.com | Andrea Felsted

Even Bernard Arnault couldn’t save European luxury from Donald Trump’s tariffs. The US president on Wednesday introduced swingeing levies on European and Swiss goods. The onslaught will hurt exports of Louis Vuitton handbags and Rolex watches, likely making them even pricier for US buyers.