LVMH reported 3Q2024 ended down 3%, with Asia off 16% and Fashion & Leather Goods down 5%. LVMH called it a cyclical downturn ...
I think it would be a mistake,” said LVMH CFO Jean-Jacques Guiony during the company’s earnings call this week.
French luxury goods group LVMH said it was "surprised by inaccurate rumors" about its Moet Hennessy division relayed on ...
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 ...
Agache, the holding company of LVMH founder and Chief Executive Bernard Arnault’s family, is in exclusive talks to buy a ...
With LVMH facing a luxury market slump, the stock is now stabilized. See more on LVMUY stock and the potential impact of ...
LVMH's commentary on demand in China was a warning for luxury brands, which have relied on Chinese consumers to drive growth ...
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.
PARIS (Reuters) -French luxury giant LVMH reported a 3% fall in third-quarter sales on Tuesday, undershooting estimates in ...
European luxury stocks fell after third-quarter results from industry bellwether LVMH dashed hopes that a sector recovery is ...