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Goldman Sachs
Stories tagged Goldman Sachs.
LVMH, Burberry Downgraded to Hold as Luxury Stocks Brace for a Tough 2026 Second Half
LVMH and Burberry Group shares extended declines on Wednesday after a broker cut both to hold, citing a soft luxury backdrop and limited upside for the UK brand. A Goldman Sachs basket of luxury stocks is down 13% year-to-date.
Boutiqaat Plans Goldman Sachs-Backed IPO with $1 Billion Valuation Target
Kuwait-based beauty and lifestyle e-commerce platform Boutiqaat is working with Goldman Sachs on a potential initial public offering that could value the company at over $1 billion, with a possible listing as early as the first quarter of 2027.