Following yesterday’s release of LVMH’s figures for the the year ending 31 December 2024; Louise Deglise-Favre, senior apparel analyst at GlobalData, a ...
KEY TAKEAWAYS Luxury giant LVMH eked a small gain in 2024 sales, underwhelming investors following buoyant results from ...
Luxury stocks face volatility despite LVMH’s 1% sales rise. Kering and Hermes saw share declines, while Richemont and ...
LVMH shares dropped as slightly better-than-expected full-year results from the world’s largest luxury company threw doubt ...
LVMH’s sales of fashion and leather goods declined in the fourth quarter, casting doubt on the prospects for a quick recovery ...
Shares in LVMH were on track for their largest drop in 14 months on Wednesday after the luxury goods group's latest sales ...
The updates pointed to a possible bottom of the recession in the luxury sector, which has been struggling with falling demand. In addition, a strong rebound in the U.S. was viewed as a potential ...
Demand for high-end brands is improving but not as quickly as hoped. European luxury shares fell Wednesday in reaction to a ...
Bernard Arnault lost a spot in the billionaire rankings after LVMH Moet Hennessy posted results that weren't as strong as some luxury-goods rivals.
While LVMH's results "challenge the sector narrative that all luxury companies have seen the acceleration" seen at Richemont ...
I’m not going to report record revenue, but it was nonetheless a robust year," CEO Bernard Arnault said during the earnings ...
The conglomerate’s all-important fashion and leather goods division reported that sales declined by 1 per cent in the fourth ...