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LVMH shares set for biggest drop in over a year on fading recovery hopes
Shares in LVMH were on track for their largest drop in 14 months on Wednesday after the luxury goods group's latest sales figures disappointed investors hoping for stronger signs of a rebound at the sector bellwether.
LVMH’s Subdued Sales Temper Hopes for a Rapid Luxury Rebound
LVMH’s sales of fashion and leather goods declined in the fourth quarter, casting doubt on the prospects for a quick recovery in luxury demand.
LVMH sales growth raises hope for end to luxury downturn
LVMH defied expectations and increased sales in its most recent quarter thanks to a buoyant US economy and resilience in Europe, raising optimism that the worst of the downturn in the luxury goods market has passed.
LVMH drags down luxury shares as budding hopes fade
Shares in luxury conglomerate LVMH were down in early trade on Wednesday, after the company's end-of-year report disappointed investors hoping for stronger signs of rebound from the sector bellwether.
Shares of LVMH drop 5% as full-year results throw doubt on broad luxury recovery
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.
10h
LVMH eyes US workshop expansion, but any shift will likely be limited
Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...
9d
Paris Olympics Medals Are Tarnishing, Putting LVMH in the Spotlight
The medals were designed by a jewelry maker owned by the French luxury conglomerate, which has declined to comment on their ...
1d
LVMH Touts Good Start to 2025 but Q4 Results Underwhelm
PARIS (Reuters) - LVMH has made a good start to 2025, CEO Bernard Arnault said on Tuesday, after the luxury conglomerate ...
2d
on MSN
LVMH's Arnault family faces off-pitch challenges at new Paris soccer club
French billionaire Bernard Arnault's family is struggling to secure a deal on a much-needed new stadium for its recently ...
8d
French luxury giant LVMH denies responsibility for rusty, deteriorating Olympic medals
LVMH, which is controlled by the family of multibillionaire Bernard Arnault, was a major sponsor of the Summer Games in Paris ...
20h
LVMH profits fall 17% but Arnault promises 'wind of optimism' in US
The luxury goods group headed by Bernard Arnault ends its 2024 financial year with sales of €84.7 billion, down 2% on 2023.
14h
on MSN
LVMH Stock Drops as Results Raise Questions on Luxury Turnaround
Luxury giant LVMH eked a small gain in 2024 sales, underwhelming investors following buoyant results from rivals that ...
2d
LVMH Raised to 'Overweight' Rating by Morgan Stanley Analysts
PARIS (Reuters) - Investment bank Morgan Stanley has raised its rating on French luxury goods giant LVMH to 'overweight' from ...
voguebusiness
1d
At LVMH Watch Week, execs share their strategies for 2025
After a quick pivot away from its original LA venue, LVMH presented nine of its watch brands to press in New York. There, ...
16h
on MSN
LVMH considers widening US footprint as CEO Arnault expresses France fatigue
By Tassilo Hummel, Mimosa Spencer PARIS (Reuters) -Luxury giant LVMH is "seriously considering" bulking up its production ...
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