Chemist Warehouse's 30% profit | Gucci's $10B China problem | Hermes' class action suit
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Chemist Warehouse has announced a profit increase of nearly 30% in the lead up to its proposed merger with Sigma Healthcare. Gucci’s got a problem, and its name is China - yup, we’re talkin’ a share price drop costing Gucci’s owner $10.5 billion. Luxury brand Hermes is facing a class action suit for alleged antitrust behaviour over the sale of its Birkin bags. — Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatwork Download the free app (App Store): http://bit.ly/FluxAppStore Download the free app (Google Play): http://bit.ly/FluxappGooglePlay Daily newsletter: https://bit.ly/fluxnewsletter Flux on Instagram: http://bit.ly/fluxinsta Flux on TikTok: https://www.tiktok.com/@flux.finance —- The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes. See omnystudio.com/listener for privacy information.
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