The Dior and Louis Vuitton owner reported disappointing earnings. As LVMH is a bellwether for the luxury industry, it bodes ...
LVMH reported a 3% decline in sales in its latest quarter, driven by decreased demand from Chinese consumers.
LVMH reported 3Q2024 ended down 3%, with Asia off 16% and Fashion & Leather Goods down 5%. LVMH called it a cyclical downturn ...
LVMH's commentary on demand in China was a warning for luxury brands, which have relied on Chinese consumers to drive growth ...
LVMH (OTCPK:LVMUY) has seen a substantial decline over the past few months that has seen it retrace lows we've not seen since the days of COVID in terms of valuation. While the company does come ...
Bernard Arnault’s luxury fashion group LVMH on Wednesday led its rivals’ shares downward after it reported disappointing sales on weak China demand. LVMH’s fashion and leather goods unit ...
JP Morgan’s analysts, led by Chiara Battistini, said LVMH’s revenue report failed to “reassure” investors that growth outside ...
LVMH is expecting to pay as much as €800 million ($870 million) in additional taxes next year after France announced plans to ...
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 ...
The French luxury group celebrated the 10th anniversary of its Institut des Métiers d'Excellence vocational training program.
Building on its Olympic sponsorship, LVMH is expanding its presence in elite sports through a new partnership with Formula 1.