luxury goods - Search News

LVMH shares set for biggest drop in over a year on fading recovery hopes

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.

NBC New York · 20h

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.

The Financial Times · 1d

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.

Reuters on MSN · 23h

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.

6d

Is Luxury Still Worth It? Luxury Brands Try To Justify High Prices

Luxury, once deemed immune to market shifts, faces a reality check post-Covid. Surging prices spark consumer doubts on social ...

9h

Luxury Spending May Be on the Rise This Year, Thanks to Vacation Shopping: Report

Luxury spending may return to growth in 2025, according to a new report from the Bank of America Institute that credits ...

Hosted on MSN2d

Luxury goods sales at department stores rise despite economic downturn

South Korea's three major department store chains said Tuesday their luxury goods sales continued to rise last year on steady ...

2h

LVMH’s CEO Bernard Arnault Does Not Deny DFS Sale As Stock Slides

French luxury conglomerate LVMH saw its stock slide by more than 6% following the Tuesday evening reveal of its 2024 annual ...

1don MSN

World's largest luxury group LVMH posts better than feared full-year sales

The world’s largest luxury company LVMH on Tuesday reported better-than-expected full-year sales, in the strongest sign yet ...

13d

Luxury groups pin hopes on US as China weakness persists

Global luxury goods companies are expected to pull out all the stops this year to persuade U.S. shoppers to splash out on ...

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 ...

3d

Luxury Logistics Firm Ferrari Group Said to Unveil IPO This Week

London-based luxury goods shipper Ferrari Group Plc may announce plans for an initial public offering as early as this week, ...

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