I think it would be a mistake,” said LVMH CFO Jean-Jacques Guiony during the company's earnings call this week.
MILAN (Reuters) - Revenues at Brunello Cucinelli rose 12.7% at constant exchange rates in the first nine months of the year, ...
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 ...
TSMC, the dominant producer of advanced chips used in AI applications and whose customers include Apple and Nvidia, has ...
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 ...