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 ...
LVMH‘s shares took a dive, falling by 7% on Wednesday as the luxury conglomerate reported third-quarter sales down 5%. The decline arrives amidst ongoing industry anxieties about a slowdown in ...
LVMH Moët Hennessy Louis Vuitton shares fell sharply on Wednesday after the luxury conglomerate reported a slump in its third ...
LVMH’s glitzy and uber-exclusive Cheval Blanc hotel brand is hard at work on the conversion of a pre-existing property.
LVMH’s sales of fashion and leather goods fell for the first time since the pandemic as the industry’s biggest player was ...
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 ...
Luxury stocks slid Wednesday after LVMH's tough earnings report and a warning from Wall Street about the struggle to revive demand among the all-important Chinese consumers. Its shares fell 3.7% ...
Pushelberg and Yabu have been working together for 30 years, and have revamped Bergdorf Goodman's flagship in New York, 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 ...