Franco-Italian eyewear maker EssilorLuxottica on Thursday reported weaker than expected revenue in the third quarter, dented ...
While speaking during the company's third-quarter earnings call, Guiony was asked if the recent 3% year-over-year sales decline could be counteracted by offering products at lower prices to attract ...
With LVMH facing a luxury market slump, the stock is now stabilized. See more on LVMUY stock and the potential impact of ...
French spirits maker Pernod Ricard said it still expected to return to sales growth in the 2024/25 fiscal year, despite ...
The CAC 40 index pulled back this week even as its American peers like the Dow Jones, S&P 500, and Nasdaq 100 indices surged ...
as consumer confidence in China is expected to improve. This anticipated recovery is coupled with a potential positive momentum among US luxury consumers as interest rates decrease. Additionally, ...
LVMH chairman Bernard Arnault briefly claimed the title of richest man in the world in May, according to the Bloomberg ...
Shares in LVMH fell due to a slowdown in China. The luxury conglomerate saw fashion and leather-goods sales dip for the first ...
LVMH's commentary on demand in China was a warning for luxury brands, which have relied on Chinese consumers to drive growth ...
Weak sales in China at LVMH, the owner of Dior, Tiffany and more, sent a shudder through the luxury sector. Shares in LVMH ...
Eighteen months ago, LVMH shares were trading at a record high and the group’s controlling shareholder, Bernard Arnault, was ...
The world’s largest luxury group saw its shares tumble as much as 7.5% Wednesday morning to a two-year low before ticking ...