Supply is in urgent demand, and cocoa inventory has sharply reduced to a historic low.

Due to severe weather and pests, the output from the world's largest cocoa producers, Côte d'Ivoire and Ghana, has significantly declined. The latest data shows that cocoa stocks at the London and New York Exchanges have fallen to historic lows, forcing chocolate manufacturers to seek alternative raw materials to maintain production. In the USA, this year's retail price of chocolate for Valentine's Day is 20% higher than last year.

wallstreetcnFeb 14 08:36 ET

Are consumers of gold jewelry becoming desensitized to high gold prices?

① The impact of rising gold prices on consumers' purchase of Gold Trinkets seems to have changed. Recently, reporters inquired frontline personnel engaged in Gold Trinket wholesale and brand retail in Shanghai's Yuyuan about the situation, and the sales of Gold Trinkets have been booming; ② Some consumers believe that gold retains value better and is expected to increase in price in the future, providing an opportunity to offset the premium of Gold Jewelry; ③ The sales performance in gold stores may be able to break away from the trend observed since the first quarter of last year.

cls.cnFeb 11 00:59 ET

Luxury Twist: Walmart Adds Chanel, Gucci, and Prada to Its Marketplace Platform

Seeking AlphaJan 16 16:13 ET

Fashion Intrigue: Prada May Be on the Hunt for Capri's Versace Brand

Seeking AlphaJan 10 08:06 ET

Italy's Il Sole 24 Reported Earlier Prada Is A Potential Buyer For Capri's Versace

BenzingaJan 10 06:06 ET

Report: PRADA is considering acquiring Versace.

Besides PRADA, there may be other potential buyers interested in Versace, such as other fashion groups and private equity funds. However, Analysts point out that in the overall sluggish Luxury Goods Industry, valuation issues may become a key obstacle to the Trade.

wallstreetcnJan 10 02:33 ET