High Margin: What Happens For Luxury If AI Goes Bust?

Chipmaker Nvidia’s earnings aren’t normally the biggest story in luxury. But this week, concerns about an AI bubble have reached a boil — with big implications for the key US market, whose resilience has been propping up luxury companies like LVMH throughout the current down-cycle and fuelling growth for outliers like Hermès and Richemont.

In this edition: the AI bubble, Kering’s leaked strategy memo, Prada-Versace nears the finish line, Dior taps Alaïa’s archive, highlights from