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Finance & Markets

How LV Lost Millions by Winning a Trademark Dispute in China

A trademark fight with a local tea maker sparked a patriotic backlash that exacerbated a demand slump for LVMH’s most profitable label. While the broader downturn in the Asian powerhouse has slammed all luxury brands, LVMH Moët Hennessy Louis Vuitton SE’s flagship label was the worst hit in July and August, people familiar with the matter said. (Source: Bloomberg)

We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.

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GCash IPO gets SEC green light

The Securities and Exchange Commission has already approved Mynt’s planned initial public offering, or IPO, clearing the way for the company behind GCash to offer shares to the investing public.

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