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.

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.

I’m not going to report record revenue, but it was nonetheless a robust year," CEO Bernard Arnault said during the earnings call.

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.

French conglomerate LVMH, traditionally among the last to disclose its financials during the reporting season, has delivered results that fell short.

Keen watchers of the global export figures for the Swiss watch industry might conclude that 2024 was a little more challenging than the record-breaking 2023, but nothing to panic about. Total exports for last year ended on CHF 26 billion,

LVMH posted subdued quarterly results due to continued weakness in the fashion and leather goods segment. The results slightly exceeded analysts' estimates for overall performance. View on euronews

LVMH has made a good start to 2025, CEO Bernard Arnault said on Tuesday, after the luxury conglomerate posted a slight rise in fourth-quarter sales, though analysts cautioned it may still fall short of heightened market expectations after recent share gains.

LVMH’s Q4 earnings exceed expectations with 1% organic growth, despite challenges in Asia and a decline in spirits sales.

Profit at LVMH disappointed, even as the company lowered its overall marketing costs by 5% last year. Recurring operating income dropped 14% in 2024 to €19.6 billion, missing estimates. One-time costs had an impact, including charges related to the Paris Olympic Games, Guiony said.