LVMH shares dropped as slightly better-than-expected full-year results from the world’s largest luxury company threw doubt ...
The conglomerate’s all-important fashion and leather goods division reported that sales declined by 1 per cent in the fourth ...
Demand for high-end brands is improving but not as quickly as hoped. European luxury shares fell Wednesday in reaction to a ...
While LVMH's results "challenge the sector narrative that all luxury companies have seen the acceleration" seen at Richemont ...
As of 1:07 p.m. ET, LVMH stock was up 9.8%, compared to Richemont's 15.4%. Image source: Getty Images. Richemont reported a 10% increase in third-quarter sales to 6.2 billion euros ($6.4 billion ...
LVMH has made a good start to 2025, CEO Bernard Arnault said on Tuesday, after the luxury bellwether reported better than ...
Cartier owner Richemont’s robust results have boosted sentiment about luxury stocks – but are investors getting carried away?
As of 1:07 p.m. ET, LVMH stock was up 9.8%, compared to Richemont's 15.4%. Richemont reported a 10% increase in third-quarter sales to 6.2 billion euros ($6.4 billion), and it saw double-digit ...
Shares in LVMH fell in early Frankfurt trading on Wednesday, as sales growth posted by the luxury goods group failed to ...
Investors have been looking for further confirmation of a recovery in the luxury sector after Cartier owner Richemont reported its "highest ever" quarterly sales. Shares of LVMH retreated on ...
A strong quarter from Richemont lifted luxury stocks, including LVMH. LVMH and Richemont have both struggled in China. The report bodes well for LVMH's upcoming results. As of 1:07 p.m. ET ...