Consumer Cos Climb After Housing Data - Consumer Roundup

Consumer companies rose after surprisingly strong housing data and deal activity.

Ray-Ban maker EssilorLuxottica agreed to buy streetwear brand Supreme from VF for $1.5 billion, looking beyond eyewear to reach new customers.

British luxury brand Burberry recouped a modicum of its recent losses. U.S. housing starts rose 3% in June to 1.35 million units, exceeding economists' expectations.

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(END) Dow Jones Newswires

07-17-24 1700ET