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Whether or not Boeing moves forward with the new mid-sized plane, known as NMA, to serve a niche market falling between narrow- and wide-body aircraft is expected to reshape competition with arch-rival Airbus SE which dominates the top end of the medium-haul sector how to make custom cufflinks. The clock is ticking. Boeing’s plane must enter the market in 2025, when airlines will be retiring Boeing 757s and 767s, with Airbus poised to scoop up new plane orders. In July, Muilenburg said, “we’re looking at making a launch decision in 2019.” Muilenburg at the time said Boeing was working to protect 2025 as the entry-into-service date that “aligns with our customers’ needs and desires.”..
PARIS (Reuters) – Even if LVMH is right that Chinese demand is as strong as ever for items like its $3,150 Louis Vuitton mini-backpacks, there are still plenty of danger signs for luxury stocks this year, from slowing U.S. growth to a drop in Swiss watch exports. LVMH’s reassuring fourth-quarter performance and outlook put paid to fears for now that demand in China is stalling and lifted shares at European luxury peers on Wednesday, who depend on Chinese consumers for a third of sales. But hints of softer demand in the United States evoked by Britain’s Burberry, and dips in Swiss watch exports spell challenging times ahead after a mixed 2018, including for the likes of IWC owner Richemont or Swatch how to make custom cufflinks.
Brands at the top end of the luxury scale – which like Vuitton retain a strong pricing power, and have built an exclusive image by banishing discounts and controlling stocks tightly – may continue to fare better, some investors said. “The very high end of the market seems to be immune for now,” said Frederic Rozier, a portfolio manager at Mirabaud, which holds LVMH shares how to make custom cufflinks. A standout performance at LVMH’s fashion and leather goods unit was encouraging for peers like Kering’s Gucci, and Hermes, maker of $10,000-plus Birkin handbags, due to report sales in February, Rozier added..
By contrast, Italy’s Salvatore Ferragamo and Burberry – both in turnaround mode, with the former trying to limit outlet sales and the latter bidding to move its ranges more upmarket – posted muted October to December sales growth, despite also reporting encouraging signals from China. Enduring momentum in Asia bears out for now brands’ argument that young, middle class Chinese are developing a lasting taste for high-end goods, after luxury stocks were battered in recent months by worries about a fallout in China from the Washington-Beijing trade war and cooling economic growth how to make custom cufflinks.
Shopping in Paris last week, Michelle Wang, a 38-year-old who runs her own small business in Shanghai, said premium brands retained their allure for her and her friends. “Even if it’s expensive, the quality is high,” Wang said, adding she had bought a passport holder, handbag and scarf at Vuitton on her French trip how to make custom cufflinks. (Graphic: Luxury earnings revisions Jan 30 – tmsnrt.rs/2TmpCrs). But changing spending patterns could catch out brands unless they adapt quickly enough. Roughly two thirds of Chinese consumers’ purchases are made overseas, but soon half could happen within mainland China, analysts at HSBC estimate..