A large part of the overall decline is thanks to people pulling back in China, a huge market for the luxury sector. “Consumer ...
LVMH's commentary on demand in China was a warning for luxury brands, which have relied on Chinese consumers to drive growth ...
French luxury giant LVMH reported a 3% fall in third-quarter sales on Tuesday, undershooting estimates in its first decline ...
Eighteen months ago, LVMH shares were trading at a record high and the group’s controlling shareholder, Bernard Arnault, was ...
LVMH posted a year-over-year sales decline in the third quarter, showing the continuing pressure on the luxury sector from ...
LVMH shares plunged after sales of fashion and leather goods fell for the first time since the pandemic, revealing the scale ...
PARIS, Oct 14 (Reuters) - Investors in French luxury group LVMH (LVMH.PA) are eager for signs that China's new fiscal ...
LVMH ( OTCPK:LVMHF) reported organic revenue fell 3% year-over-year in FQ3 to miss the consensus estimate for a gain of 1%.
For investors bracing for another gloomy results season from Europe’s luxury-goods industry, there’s potentially one bright ...
The world’s largest luxury group saw its shares tumble as much as 7.5% Wednesday morning to a two-year low before ticking ...
French luxury conglomerate LVMH, the world's largest luxury company, reported a 3% year-on-year decline in sales in its most ...