The Dior and Louis Vuitton owner reported disappointing earnings. As LVMH is a bellwether for the luxury industry, it bodes ...
The world’s largest luxury group saw its shares tumble as much as 7.5% Wednesday morning to a two-year low before ticking ...
French luxury giant LVMH reported a 3% fall in third-quarter sales on Tuesday, undershooting estimates in its first decline ...
LVMH reported 3Q2024 ended down 3%, with Asia off 16% and Fashion & Leather Goods down 5%. LVMH called it a cyclical downturn ...
LVMH sales unexpectedly fell at its biggest unit for the first time since 2020 as the scale of the pullback in Chinese luxury ...
KEY TAKEAWAYS LVMH posted a year-over-year sales decline in the third quarter, showing the continuing pressure on the luxury ...
LVMH reported a 3% decline in sales in its latest quarter, driven by decreased demand from Chinese consumers.
The head of LVMH’s wines and spirits division is set to leave as the world’s largest luxury company wrestles with a slump in ...
Faced with a depressed luxury goods market, the sector's global leader has published a fall in revenue for the first time ...
LVMH’s Watches & Jewelry business recorded a worldwide drop in sales of 4% in Q3. The slow down has worsened from 3% up ...
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 ...