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LVMH drags down luxury shares
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 Drags Down Luxury Shares as Budding Hopes Fade
While LVMH's results "challenge the sector narrative that all luxury companies have seen the acceleration" seen at Richemont and Burberry, it reinforces the idea of a quicker recovery this year than expected in October, analysts at Deutsche Bank said in a note to clients.
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.
1d
on MSN
LVMH Revenues Flat in Q4 as Fashion Division Slows Decline
LVMH Moët Hennessy Louis Vuitton said it was confident heading into 2025 after revenues were broadly flat in the fourth ...
18h
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 ...
11h
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 ...
23h
on MSN
LVMH earnings highlight uneven recovery in the luxury goods sector
LVMH posted subdued quarterly results due to continued weakness in the fashion and leather goods segment. The results ...
1d
LVMH beats forecast with 1% rise in fourth quarter sales
Luxury bellwether LVMH beat expectations on Tuesday with a 1% rise in fourth-quarter sales as demand for designer fashion and ...
1d
on MSN
Fashion mixes with politics at Paris Men’s Fashion Week
Amid an uncertain political climate, designers at the latest menswear show in Paris sent messages of resilience and ...
5d
on MSN
The real reason why billionaire LVMH head Bernard Arnault and his ‘Succession’ heirs were at Trump’s inauguration
He’s someone Trump really looks up to and wants to make happy,” a source said of LVMH CEO Bernard Arnault, the wealthiest man ...
23h
LVMH Shares Fall as Sales Growth Fails to Impress
(Reuters) - Shares in LVMH fell in early Frankfurt trading on Wednesday, as sales growth posted by the luxury goods group ...
Daily Front Row
1d
Stella McCartney’s LVMH Breakup, Lady Gaga For Elle, Plus! Erdem and Barbour
From Stella McCartney's split with LVMH to a new Lady Gaga Elle cover, discover all the chic news to know today.
1d
on MSN
LVMH Moet Hennessy sells Stella McCartney stake, reports 17% drop in 2024 profits
LVMH shares drop as profitability for 2024 decreases and company sells back stake in Stella McCartney's fashion label amid ...
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