This France ETF is booming despite domestic turmoil. Thank the Chinese consumer

[ad_1] France has been mired in turmoil for months, as president Emmanuel Macron’s push to raise the pension age led to widespread protests . But oddly, the French stock market has been climbing, thanks in part to high-end consumers in China and a seemingly insatiable demand for all things Cartier, Dior and Chanel. The iShares … Read more

L’Oreal buys luxury brand Aesop from Brazil’s Natura for $2.5 billion

[ad_1] Aesop products sit on display for sale at their store on Abbott Kinney Blvd. in Venice, California on Oct. 14, 2013. Katie Falkenberg | Los Angeles Times | Getty Images French cosmetics group L’Oreal struck a deal with Brazil’s Natura & Co to buy Aesop, its Australian luxury brand, at an enterprise value of $2.53 … Read more