ANALYSIS-Investors feel the pinch of thriftier consumers on company profits By Danilo Masoni MILAN, Aug 8 (Reuters) - Investors in large consumer-goods companies are having to up their stock-picking game, as a post-pandemic spending splurge dries up and increasingly price-sensitive shoppers start to erode corporate pricing power. Profit warnings in sectors ranging from luxury to food and airlines have fed into worries about a slowdown in the United States and other major economies.

BUZZ-Vornado Realty rallies 15% after Q2 beat, Uniqlo deal ** Vornado Realty Trust's VNO.N shares rally, snapping three-session losing streak on Tues, after commercial REIT posted qtrly beat and said its JV entered transaction with Uniqlo ** VNO shares rise as much as 15% to $31.36 to highest level of 2024. Stock on course for biggest daily gain since Nov 14 ** NYC-focused VNO late Mon reported Q2 adj FFO/sh of 57 cents, above LSEG estimate of 53 cents/sh ** Rev in qtr of $450.3 mln surpassed St

Leon Marchand's brand is on fire as his Olympic star rises By Mimosa Spencer and Helen Reid PARIS, Aug 2 (Reuters) - Leon Marchand's golden Olympic exploits have propelled the French swimmer to a new level of fame and provided a boon for his sponsors, as well as creating potential openings for other brands. As sponsor and official timekeeper of the Paris 2024 Olympics respectively, LVMH and Omega had already funnelled global attention to their brands.

LIVE MARKETS-Weakness in China hitting more than just luxury STOXX 600 up 0.55% Oil & gas, real estate lead gainers Reckitt tumbles Wall St futures higher Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com WEAKNESS IN CHINA HITTING MORE THAN JUST LUXURY Second-quarter results from Europe's luxury names have mostly been on the soft side, with most companies flagging weakness in China

BUZZ-Luxury stocks sell off again as LVMH posts below-bar Q2 earnings Recasts with sector performance, adds peers, milestones, updates shares ** Expectations-missing Q2 results from luxury giant LVMH, a bellwether for the sector, weigh on peers , already under pressure after weak Burberry and Richemont prints ** LVMH results confirm "even best-in-c