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. Read more at The Business Times.
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 in luxury giant LVMH trade lower as sales growth disappoints
Luxury stocks trade lower after giant LVMH shows improvement in sales, but nevertheless left analysts underwhelmed.
Luxury shares drop amid muted analyst reaction to LVMH sales growth
Investing.com - Shares in luxury firms slipped on Wednesday after sector bellwether LVMH (EPA:LVMH) posted quarterly sales growth that received a tepid reaction from analysts.
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 ...
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 ...
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.
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 ...
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 ...
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 ...
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 ...
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LVMH profits slide amid tough trading climate in 2024; DFS sales remain down on 2019
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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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, ...
LVMH achieves a solid performance despite an unfavorable global economic environment
Revenue: €84.7 billion. Profit from recurring operations: €19.6 billion. Free cash flow: €10.5 billion. Acceleration in the fourth quarter, driven by Asia, the United States and Europe. Major economic ...