Guiony said the company shouldn’t offer “affordable product” because “the offer in luxury has been the key strength over the ...

LVMH reported 3Q2024 ended down 3%, with Asia off 16% and Fashion & Leather Goods down 5%. LVMH called it a cyclical downturn ...

Reports from the media last week indicated that Hennessey CEO Laurent Boillot had been picked to head up its Wine and Spirits ...

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 ...

Luxury travel retailer DFS Group has appointed well-liked former CEO, Ed Brennan, to the top job during a “reinvention phase” ...

French luxury goods group LVMH said it was "surprised by inaccurate rumors" about its Moet Hennessy division relayed on ...

The world’s largest luxury group saw its shares tumble as much as 7.5% Wednesday morning to a two-year low before ticking ...

LVMH shares dropped 7 per cent on Wednesday, a day after the world’s largest luxury group reported an unexpected fall in ...

Faced with a depressed luxury goods market, the sector's global leader has published a fall in revenue for the first time ...

French luxury giant LVMH reported a 3% fall in third-quarter sales on Tuesday, undershooting estimates in its first decline ...

DFS saw business activity remain below its 2019 pre-Covid level, with marked differences in tourist traffic between its ...

LVMH has reported revenue of €60.8bn for the first nine months of 2024. Perfumes & Cosmetics outstripped the luxury giant’s ...