Driven by a third-quarter sales dip of 16% in the Asia Pacific region, signaling a negative outlook for the wider luxury ...

LVMH reported a 3% decline in sales in its latest quarter, driven by decreased demand from Chinese consumers.

LVMH shares plunged after sales of fashion and leather goods fell for the first time since the pandemic, revealing the scale ...

LVMH CEO Bernard Arnault took another multibillion-dollar hit to his net worth this week, after the company reported its first quarterly decline in sales since the COVID-19 pandemic. LVMH Moet ...

Mandarin Oriental's new CEO, Laurent Kleitman, thinks there's room to grow without sacrificing attention to detail.

LVMH Moët Hennessy Louis Vuitton shares fell sharply on Wednesday after the luxury conglomerate reported a slump in its third ...

LVMH's commentary on demand in China was a warning for luxury brands, which have relied on Chinese consumers to drive growth ...

European luxury goods and consumer goods stocks fell on Wednesday after LVMH warned of an “uncertain ... In its London hotels, occupancy was down from last year’s 84 per cent to 81.5 per ...

PARIS--French luxury giant LVMH reported a 3% fall in third-quarter sales on Tuesday, undershooting estimates in its first decline in quarterly sales since the pandemic as demand in China and ...

“Most of our markets currently face economic challenges including mainland China,” LVMH chief financial officer Jean-Jacques Guiony said during the quarterly presentation, adding that “consumer ...

PARIS - French luxury giant LVMH reported a 3 per cent fall in third-quarter sales on Oct 15, undershooting estimates in its first decline in quarterly sales since the Covid-19 pandemic as demand ...