crowd, can better cater to female audiences. timed their investment in formula one. conglomerates like lvmhdo anything unless they know they can guarantee the significance of this growing audience have now earned media value among fashion brands in particular. you get out of advertising in that environment? the answer is a lot! i know! of aston martin last year, explaining the return from advertising at formula 1. it is really quite it absolutely is. spectatorship to thank for this. between formula 1 and fashion is that it also opens up the bigger the spectacle, as tonight, the opening ceremonial at the 02 is being done for the first and whistles the spectacle, the bigger the gold mine they realise they are sitting on. and you are going to go to this event tonight, i am sure it will be quite incredible. as you said, at the 02. there has been a tussle between lots of different lvmh being such a huge behemoth, with now a total partnership of ten years, i suspect they will make it very difficult for brands. they may do. it is at the top. the competition to get top. the competitiente get the in

we know lvmh has been a huge buyer. obviously the behemoth there.sk for caring of, you know, as a target if they don't convince the market that they can turn things around at gucci? >> well, we'll have to wait and see. a lot of these luxury players have their own, you know, work doing, whether it's burberry doing their own revamp, lvmh, they're working on revamping dior. they sing a bit of slowdown. so, you know, they will have their own thing going. so there might not be m&a just yet. where we know for caring is that, you know they they're looking potentially some segments where they're not as present. could it be jewelry. we have to wait and see. but a lot of people are giving them the benefit of the doubt when it comes to caring. they have bought stakes in valentino. they have bought stakes in creed, which is perfumed with beauties, and a segment that they also say there are bits in play for them to have new avenues for revenue. and so we'll have to wait and see there. >> charlotte, thank you for breaking it all down for us. great to have you on

lvmh from 180 to 140 bucks today so they've had their own sets of challenges.who all of a sudden decides that he and she wants to now shop for value and that's an issue. maria: for sure. cheryl. >> you know, i think too if you look at a lot of these manufacturers in europe, maybe you're not going to make $1,000 italian bag by a machine bat lot of these companies have we call it ready to wear for the clothing side of it but also lower price bags and shoes an things that are for the average person. you could make those in the united states. that's how do it. maria: yeah. all right. we'll take a break and come right back. stay with us. you're watching "mornings with maria" live on fox business. we'll be right back. ♪ before the spotlight— we struggled to keep the lights on. [young jayson] tatum with the ball. my ambitions were to make it to the league— and get my money right. [young jayson] dribbles up the court. i saw more for myself. [young jayson] crosses. and sofi gives members confidence to see more for themselves. helping them earn and save more money for th

and look at european if luxury names heavily exposed to china, lvmh and karen. both of those name, don't know if we can put them up on the screen, but they are losing at the moment. let me pull it up for you. karen is -- lvmh down 2.5%, and if caring is also at least earlier down about 3%. less expensive than a louis vuitton purse but just as important to the younger demographic, the toy industry. 80% of u.s. toys are made in china including bratz dolls. mga entertain thement has built strong relationships with chinese manufacturers to to put the batz dolls today -- bratz dolls today. the founder is here with a warning about a, yes, christmas 2025. what are the prices going to look like if we still have these tariffs? of course amazon has major exposure the chinese goods, but it was already falling after last night's earnings report, the the e-commerce and tech giant posted a double beat but reported a slight miss on amazon web services' revenue, aws. we've got amazon down 4%. believe it or not, it's just slightly off the lows of the session but kind of getting

tom: on taxes lvmh is different but another french conglomerate is facing 700 billion euros, what is impacted so no major impact. tom: there is no -- there is no tax impact? >> nothing compared to what we have today already. tom: ok. olivia, thank you and we appreciate your time. dater center and strong growth in north america. two alibaba -- to alibaba, they are due to report earnings. $110 billion will be added to the market value. let's go to annabelle droulers. >> i think chief among them will be how it is alibaba capitalizing on -- on deepseek and optimism in china ai names because you mentioned the rally, that's the sales of alibabber. you had a big rally and domestic concerns, a company making 90% of revenue from china in -- in -- in consumers. how are they managing to get our allies? we are expecting revenue to increase to 9% from 7%, watching for how can alibaba fend off the competition when you've had baidu and tencent integrating, alibaba technology is standardized, how do you stand out? tom: it performs well but it's another to get return on investment and analysts are ge

that will impact lvmh.eo saying we should not tax french revenue made in france for this company. the government decided to have this tax for one year, make it temporary to not impact jobs at these big french companies. lizzy: kathleen with the latest on french politics. we thank you for that update, and let's stay in france because we have breaking news. earnings are dropping surprisingly this morning on the terminal, and we have seen them cutting full-year organic net sales guidance with spirits. spirits dropping 25% in china and 2% in europe, those shares are down 6% year to date. nearly 7% in fact so far this year. the spirits maker, a european company and the think of the trump economic policy, his tariffs, will we see an impact to, but a downgrade to the outlook for pernod to regard -- ricard. volvo dropping their earnings earlier in the program. we will be speaking to the ceo jim rowen. he will join me next. this is bloomberg. ♪ lizzy: earlier in the program we had to dropping from volvo, a bleak pic

well, french luxury goods lvmh is saying that it is new looking to expand its manufacturing presence maker's ceo, bernard around know, saying he's been seriously considering bulking up the company's production if capacities in the u.s. citing a, quote, wind of optimism in the country. so maybe you kind of give people an option if they don't work for the government, they can work elsewhere here in the states. the news comes amid president trump's push for increased american manufacturing threatening tariffs on the countries of global companies that don't make their products in the u.s. staffing start-up traba seems to be perfectly positioned for the current labor climate. the company uses artificial intelligence to connect businesses with light industrial workers, people who work in warehouses and factories. traba has more than a thousand light industrial customers and has already connected one million workers to businesses. traba ceo, cofounder and ceo mike -- and the first investor, paypal mafia member keith rabois join me now in a fox business exclusive. well, what timing, mike. i

you got lvmh down about 2.5%, carrying down nearly 4%. burberry down 2.6%. again, we did have a lot of money go into these names recently on the back of earnings, the drinks makers in focus imported products account for 30 to 35% of u.s. spirits and wines. so this this sector in focus. for that reason, rémy cointreau, down about 3.4%, diageo down about 3% as well. now, the chip makers have also seen some heavy selling this morning. a lot up in the air around what may come next in the chip space from the us administration. could we see this sector targeted next in a big way? you've got asml down more than 3%, asmae, stmicro and infineon all trading sharply lower this morning. dan boardman's weston, the ceo and cio of brg wealth management, joins me now. dan, great to have you with us this morning. you know, on the one hand, we all talk about how we were bracing for tariffs. this was perhaps the number one topic around the new administration. and yet here we are heavy selling across global markets, across asset classes, suggesting that markets weren't priced f

. >> heard from lvmh where they said. >> it would take. >> a couple of. >> years before we see really. >> coming back there. europe resilient up 17% and looking at the different segments. leather goods. >> of course, that. >> makes the. >> bulk. >> of their revenue and where they sell those very expensive bags, the birkin. or the kelly. their revenues up 21.5% in that segment. what's interesting to look at? silk and textiles, of course. >> this is seen. >> as a segment where they have the access to the most to the aspirational buyer with their scarves and the ties. and that was up just 7%. you can say just 7%. but compared to. >> the other. >> segments, you know, you do see that the aspirational buyer is still being squeezed. so somewhat there, but overall very strong performance across the board. they said they remain very positive for 2025, again. >> because particularly. >> thanks to the us. interesting comment from the executive chair. >> this morning. >> they're saying that they're thinking of adding haute couture to their portfolio because of course they only have ready to wear.