Deep search
Rewards
Search
Copilot
Images
Videos
Maps
News
Shopping
More
Flights
Travel
Hotels
Real Estate
Notebook
Top stories
Sports
U.S.
2024 Election
Local
World
Science
Technology
Entertainment
Business
More
Politics
Any time
Past hour
Past 24 hours
Past 7 days
Past 30 days
Best match
Most recent
Louis Vuitton, LVMH
Shares of Louis Vuitton Owner Drop on Anxiety About Chinese Shoppers
Weak sales in China at LVMH, the owner of Dior, Tiffany and more, sent a shudder through the luxury sector. Shares in LVMH dropped on Wednesday after the luxury goods giant warned about an “uncertain economic and geopolitical environment” and its latest earnings disappointed analysts.
Louis Vuitton Owner LVMH Posts Sales Drop Amid China Weakness
KEY TAKEAWAYS LVMH posted a year-over-year sales decline in the third quarter, showing the continuing pressure on the luxury sector from weak Chinese spending.Organic revenue at the company behind the Dior and Louis Vuitton brands fell 3% to 19.
Louis Vuitton owner LVMH sales slump on weak China demand, shaking luxury sector
The world’s largest luxury group saw its shares tumble as much as 7.5% Wednesday morning to a two-year low before ticking back up by the afternoon.
Louis Vuitton Owner LVMH Misses Revenue Expectations
The French luxury empire said the decline in revenue during the quarter was mainly due to lower growth in Japan.
Louis Vuitton and Givenchy owner LVMH crashes to a two-year low amid slowdown in the luxury sector
The French luxury group, led by boss boss Bernard Arnault (pictured), saw shares tumble as much as 7.5% on the Paris stock exchange.
LVMH Shares Fall As Luxury Spending Slowdown Worsens
Driven by a third-quarter sales dip of 16% in the Asia Pacific region, signaling a negative outlook for the wider luxury sector.
LVMH stock falls on slumping luxury sales in China
LVMH Moët Hennessy Louis Vuitton shares fell sharply on Wednesday after the luxury conglomerate reported a slump in its third-quarter revenue driven by slower sales in China.
LVMH Sales Drop as Chinese Demand for Costly Handbags Cools
LVMH’s sales of fashion and leather goods fell for the first time since the pandemic as the industry’s biggest player was hammered by a slump in demand from Chinese consumers whose appetite for high-end purchases once seemed insatiable.
14h
on MSN
It looks like the glory days of luxury are over for LVMH, at least for now
French luxury conglomerate LVMH, the world's largest luxury company, reported a 3% year-on-year decline in sales in its most ...
6h
on MSN
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 ...
CNN
13d
Louis Vuitton owner clinches 10-year sponsorship deal with Formula 1
French luxury giant
LVMH
has struck a 10-year sponsorship deal with Formula 1, covering its
Louis
Vuitton
, Moet ...
7h
Stocks to Watch Wednesday: ASML, Intel, Abbott, LVMH
Louis Vuitton owner LVMH reported disappointing results and said it faced challenges in most markets. Shares of both the ...
14h
UBS Reaffirms Their Hold Rating on LVMH Moet Hennessy Louis Vuitton (0HAU)
UBS analyst Zuzanna Pusz maintained a Hold rating on LVMH Moet Hennessy Louis Vuitton (0HAU – Research Report) today and set a price ...
6h
on MSN
LVMH executive says it would be a mistake to offer more affordable products. Here’s why he’s right.
Guiony said the company shouldn’t offer “affordable product” because “the offer in luxury has been the key strength over the ...
Some results have been hidden because they may be inaccessible to you
Show inaccessible results
Feedback