European shares fall as mixed luxury company earnings weigh
European shares slipped as luxury results diverged. Stoxx 600 fell 0.3% to 645.01, with luxury down 2.4%. Kering rose nearly 17% after Gucci Q2 sales fell less than expected; Hermes fell 11% on no fundamental China rebound. ASM International dropped 4.8% despite an upbeat forecast. Reuters.