I think it would be a mistake,” said LVMH CFO Jean-Jacques Guiony during the company's earnings call this week.

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With LVMH facing a luxury market slump, the stock is now stabilized. See more on LVMUY stock and the potential impact of ...

Eighteen months ago, LVMH shares were trading at a record high and the group’s controlling shareholder, Bernard Arnault, was ...

Waning confidence among China’s middle class consumers could further undermine sales of global luxury brands, analysts say.

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 ...

By Dominique Vidalon and Florence Loeve PARIS (Reuters) -French spirits maker Pernod Ricard said it still expected to return ...

TSMC, the dominant producer of advanced chips used in AI applications and whose customers include Apple and Nvidia, has ...

Revenues at Brunello Cucinelli rose 12.7% at constant exchange rates in the first nine months of the year, driven by double ...

The euro was pinned at an 11-week low on Thursday after the ECB cut rates by 25 basis points as expected, while European ...