French luxury conglomerate LVMH saw its stock slide by more than 6% following the Tuesday evening reveal of its 2024 annual results.

By Tassilo Hummel and Mathieu Rosemain PARIS -LVMH-owned newspaper group Les Echos-Le Parisien is not party to a lawsuit ...

The world's largest luxury company LVMH on Tuesday reported better-than-expected full-year sales, in the strongest sign yet of a potential turnaround in the high-end sector.

LVMH shares dropped as slightly better-than-expected full-year results from the world’s largest luxury company threw doubt over a broader sector recovery.

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DFS Group, which saw business activity remain below its 2019 pre-Covid level, was hard hit in particular by exchange rate fluctuations, said LVMH. UPDATED.

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The growth was led by consumers in Europe, the U.S. and Japan, while the group cited continued weakness in the wider Asia region. "In 2024, amid an uncertain environment, LVMH showed strong ...