U.S. stocks rebounded Wednesday, buoyed by strong earnings from Morgan Stanley, United Airlines, and others, which helped to ...
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 ...
Eighteen months ago, LVMH shares were trading at a record high and the group’s controlling shareholder, Bernard Arnault, was ...
French luxury conglomerate LVMH, the world's largest luxury company, reported a 3% year-on-year decline in sales in its most ...
While speaking during the company’s third-quarter earnings call, Guiony was asked if the recent 3% year-over-year sales ...
LVMH posted a year-over-year sales decline in the third quarter, showing the continuing pressure on the luxury sector from ...
European luxury stocks fell after third-quarter results from industry bellwether LVMH dashed hopes that a sector recovery is ...
Danni Hewson, head of financial analysis at AJ Bell, said: “Whilst the AI boom seems to be continuing, demand for other ...
European stocks fell further on Wednesday, dragged down by an unexpected drop in sales of French luxury behemoth LVMH, which ...
The world’s largest luxury group saw its shares tumble as much as 7.5% Wednesday morning to a two-year low before ticking ...