I think it would be a mistake,” said LVMH CFO Jean-Jacques Guiony during the company’s earnings call this week.
LVMH reported 3Q2024 ended down 3%, with Asia off 16% and Fashion & Leather Goods down 5%. LVMH called it a cyclical downturn ...
The head of LVMH’s wines and spirits division is set to leave as the world’s largest luxury company wrestles with a slump in ...
PARIS (Reuters) -French luxury goods group LVMH said it was "surprised by inaccurate rumors" about its Moet Hennessy division ...
Agache, the holding company of LVMH founder and Chief Executive Bernard Arnault’s family, is in exclusive talks to buy a ...
While speaking during the company’s third-quarter earnings call, Guiony was asked if the recent 3% year-over-year sales ...
LVMH reported a 3% decline in sales in its latest quarter, driven by decreased demand from Chinese consumers.
LVMH's commentary on demand in China was a warning for luxury brands, which have relied on Chinese consumers to drive growth ...
With LVMH facing a luxury market slump, the stock is now stabilized. See more on LVMUY stock and the potential impact of ...
Bernard Arnault, the founder and CEO of the luxury powerhouse LVMH, saw his wealth drop by nearly $10 billion in a single day ...
The world’s largest luxury group saw its shares tumble as much as 7.5% Wednesday morning to a two-year low before ticking ...
Business slumps happen all the time, but what's troubling about this is that the slide in fashion and leather goods was ...