LVMH, China
Luxury king Bernard Arnault's net worth takes multibillion-dollar hit after LVMH shares fall
LVMH founder and CEO Beranrd Arnault has seen his net worth take a hit this year as the luxury goods conglomerate's stock suffers amid weakened sales.
Luxury goods shares fall as China slowdown hits LVMH
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LVMH Sales Slump in China Rattles Investors in Luxury Shares
Eighteen months ago, LVMH shares were trading at a record high and the group’s controlling shareholder, Bernard Arnault, was the world’s wealthiest person.
LVMH stock falls on slumping luxury sales in China
LVMH shares, listed on the Euronext Paris stock exchange, fell 4% on Wednesday having lost 19% of their value in the year-to-date. The French conglomerate’s warning comes as an
LVMH Drags Down Luxury Stocks. It's All About China.
Shares in LVMH Moët Hennessy Louis Vuitton were sliding on Wednesday after the French luxury goods maker warned that China's faltering economy is weighing on its sales numbers. In an earnings report posted after Tuesday's closing bell,
LVMH Plunges as Chinese Luxury Spending Slowdown Worsens
LVMH shares plunged after sales of fashion and leather goods fell for the first time since the pandemic, revealing the scale of the slump in demand from once insatiable Chinese consumers.
Louis Vuitton owner LVMH sales slump on weak China demand, shaking luxury sector
Bernard Arnault’s luxury fashion group LVMH on Wednesday led its rivals’ shares downward after it reported disappointing sales on weak China demand. LVMH’s fashion and leather goods unit – including iconic brands like Louis Vuitton and Dior – posted a 5% decline in sales,
Paris FC, LVMH and Red Bull
LVMH: Market Weakness Persists, But Price Has Corrected Enough (Rating Upgrade)
With LVMH facing a luxury market slump, the stock is now stabilized. See more on LVMUY stock and the potential impact of ...
Luxury stocks slide as LVMH disappoints and Wall Street eyes few signs of stronger China demand despite stimulus
LVMH's commentary on demand in China was a warning for luxury brands, which have relied on Chinese consumers to drive growth ...
LVMH sales fall 3% as China demand for luxury goods worsens
French luxury giant LVMH reported a 3% fall in third-quarter sales on Tuesday, undershooting estimates in its first decline ...
Louis Vuitton Owner LVMH Posts Sales Drop Amid China Weakness
LVMH posted a year-over-year sales decline in the third quarter, showing the continuing pressure on the luxury sector from ...
LVMH Set to Provide Clues on Luxury Industry’s China Struggles
For investors bracing for another gloomy results season from Europe’s luxury-goods industry, there’s potentially one bright ...
Business Insider23h
LVMH’s Strategic Resilience and Growth Prospects: A Compelling Buy Amid Market Challenges
Stifel Nicolaus analyst Rogerio Fujimori maintained a Buy rating on LVMH Moet Hennessy Louis Vuitton (0HAU – Research Report) yesterday and set a price target of €680.00. Rogerio Fujimori has given ...