Categories: Money

BUSINESS LIVE: UK inflation rate falls to 3.2%; Entain is affected by the new rules of the game; ASOS posts another big loss

Companies with trading reports and updates today include Entain, ASOS, Just Eat Takeaway, Antofagasta, Workspace Group and Liontrust Asset Management.

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Louis Vuitton owner LVMH suffers as luxury falls out of fashion

He is known as “the cashmere wolf” after turning LVMH into a £333bn luxury goods powerhouse through a series of ruthless acquisitions that helped drive growth.

And now Bernard Arnault – who in the process has become the richest man in the world with a fortune of £175bn – is setting the stage for his five sons to take over the empire.

The FTSE 100 index opened at 7,820.36

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