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Luxury market leader LVMH just delivered disappointing results for the third quarter with organic growth across the group down 3%. Coming off 2023 when revenues rose 14% to $93.4 billion (€86.2 ...
Weak sales in China at LVMH, the owner of Dior, Tiffany and more, sent a shudder through the luxury sector. By Ravi Mattu Reporting from London Shares in LVMH dropped on Wednesday after the luxury ...
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% ...
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 ...
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 is expecting to pay as much as €800 million ($870 million) in additional taxes next year after France announced plans to raise levies on its biggest companies to help shore up public finances.
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 ...
PARIS - French luxury giant LVMH reported a 3 per cent fall in third-quarter sales on Oct 15, undershooting estimates in its first decline in quarterly sales since the Covid-19 pandemic as demand ...
An icon in the shape of a lightning bolt. Impact Link The French luxury conglomerate LVMH, the world's largest luxury company, reported a 3% year-over-year decline in sales in its most recent ...
We believe that a portfolio of strong leading brands in several luxury niches grants LVMH Moet Hennessy Louis ... thinking of our people and exacting analysis of our research processes.
Well before the opening of the U.S. stock markets, LVMH provided third-quarter, plus six- and nine-month, top-line revenue figures broken down by product category. There were more than a few minus ...