LVMH Moët Hennessy Louis Vuitton, the owner of multiple luxury brands including Tiffany, Louis Vuitton, and Dior, remains mired in an extended global downturn for high-end goods and is moving at ...
However, LVMH's shares have risen by 18% this year in European markets, driven by optimism surrounding an improved macroeconomic environment and strong earnings from rival Richemont. In the fourth ...
PARIS, Jan 28 (Reuters) - LVMH (LVMH.PA), opens new tab has made a good start to 2025, CEO Bernard Arnault said on Tuesday, after the luxury conglomerate posted a slight rise in fourth-quarter ...
LVMH's fashion division, home to its top-earning Louis Vuitton and Dior labels, reported fourth-quarter sales of 11.1 billion euros, a year-on-year decline in organic terms of 1%, but beating a ...
President Donald Trump and LVMH CEO Bernard Arnault pictured in 2017. © 2024 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance ...
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 ...
The company posted declines in both frames. The fourth quarter saw LVMH book 23.9 billion euros ($25.1 billion) in total revenue, which was essentially flat year over year. Zooming out to the ...
Losing your livelihood is now doubleplusgood! Bernard Arnault, CEO of LVMH and the world’s fifth richest man, has coined a new phrase for those who are being laid off — “being promoted outwa ...
Luxury group LVMH says 2025 is off to a good start as it reports an increase in sales in its most recent quarter. CEO Bernard Arnault, who is shifting the company's focus to the US in order to ...
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 ...