Tag: Slow

Existing home sales slow for second straight month, while prices reach new high [Video]

Home sales in March slowed down for the second straight month this year, while median home prices reached a new high.

Existing home sales fell 3.7% to a seasonally adjusted 6.01 million in March, from a month earlier, according to the National Association of Realtors (NAR), which revised February existing home sales to 6.24 million. The results far exceeded the expected 1.8% decline, according to Bloomberg consensus estimates. Despite the decline, sales were still higher by 12.3% from the same month last year and the annualized pace of 6.1 million far exceeds the total of 5.6 million sales for the

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Javad Marandi Wants Investors to Step Up, and Slow Down

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LONDON — Slowing down the fashion cycle has become a hot topic in the wake of the coronavirus, but what about slowing down investment?

What if, instead of taking the short or even medium-term view, fashion investors took the long one, and cultivated businesses for years, with no intention of selling, similar to what LVMH Moët Hennessy Louis Vuitton, Richemont and Kering do?

In Britain, committed, long-term investors in fashion and the creative industries are rare. One of them is Javad Marandi, a self-made businessman who believes in taking the long haul with

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