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LVMH, Luxury
LVMH Stock Drops as Results Raise Questions on Luxury Turnaround
KEY TAKEAWAYS Luxury giant LVMH eked a small gain in 2024 sales, underwhelming investors following buoyant results from rivals that signaled a turnaround for the sector.Sales last year marked a 1% organic gain over the previous year and a 2% drop reported.
Shares of LVMH drop 5% as full-year results throw doubt on broad luxury recovery
LVMH shares dropped as slightly better-than-expected full-year results from the world’s largest luxury company threw doubt over a broader sector recovery.
LVMH shares set for biggest drop in over a year on fading recovery hopes
By Mimosa Spencer and Danilo Masoni PARIS (Reuters) -Shares in LVMH were on track for their largest drop in 14 months on Wednesday after the luxury goods group's latest sales figures disappointed investors hoping for stronger signs of a rebound at the sector bellwether.
LVMH’s Subdued Sales Temper Hopes for a Rapid Luxury Rebound
LVMH’s sales of fashion and leather goods declined in the fourth quarter, casting doubt on the prospects for a quick recovery in luxury demand.
LVMH sales growth raises hope for end to luxury downturn
LVMH defied expectations and increased sales in its most recent quarter thanks to a buoyant US economy and resilience in Europe, raising optimism that the worst of the downturn in the luxury goods market has passed.
LVMH drags down luxury shares as budding hopes fade
Shares in luxury conglomerate LVMH were down in early trade on Wednesday, after the company's end-of-year report disappointed investors hoping for stronger signs of rebound from the sector bellwether.
Shares in luxury giant LVMH trade lower as sales growth disappoints
Luxury stocks trade lower after giant LVMH shows improvement in sales, but nevertheless left analysts underwhelmed.
1h
Inside LVMH Watch Week: Execs Sound Off on the Future
Over two days of schmoozing with executives employed by one of the most powerful groups in the industry, here are the ...
4h
on MSN
What Bernard Arnault’s optimism for the U.S. could mean for LVMH’s position under ‘tariff man’ Trump
"It's clear that we are being strongly pushed by the American authorities to continue to build out our presence," Bernard ...
7h
Heard on the Street: LVMH Stock Price Drops on Luxury Reality Check
Demand for high-end brands is improving but not as quickly as hoped. European luxury shares fell Wednesday in reaction to a ...
21h
LVMH touts good start to 2025 but Q4 results underwhelm
LVMH has made a good start to 2025, CEO Bernard Arnault said on Tuesday, after the luxury conglomerate posted a slight rise ...
7h
on MSN
LVMH reports muted sales amid hope that the luxury downturn might finally be ending
I’m not going to report record revenue, but it was nonetheless a robust year," CEO Bernard Arnault said during the earnings ...
Cosmetics Business
5h
Sephora and fragrance bolstered LVMH sales in 2024
Consistent sales of Sauvage, alongside Rihanna becoming the new face of J’adore, also supported the brand owner’s performance ...
7h
French government: LVMH is pride of country but we understand Arnault's anger
Luxury goods giant LVMH is the pride of France, but the government nevertheless understands the anger expressed by LVMH boss ...
1d
on MSN
LVMH Revenues Flat in Q4 as Fashion Division Slows Decline
LVMH Moët Hennessy Louis Vuitton said it was confident heading into 2025 after revenues were broadly flat in the fourth ...
23h
on MSN
LVMH registra ventas moderadas; compradores aún muestran cautela
Las ventas de artículos de moda y de cuero disminuyeron en el cuarto trimestre, lo que pone en duda las perspectivas de una ...
1d
Louis Vuitton Parent LVMH’s Revenue Beat Offers Hope for Luxury Sector
The core fashion and leather goods business—which houses Louis Vuitton and Dior—recorded revenue of €11.14 billion for the ...
5h
LVMH sees FY24 net profit slide amid economic headwinds
"LVMH sees FY24 net profit slide amid economic headwinds " was originally created and published by Retail Insight Network, a ...
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