Arnault, the billionaire CEO of the luxury conglomerate, had criticized proposed French tax hikes earlier this week.

Apart from a slowdown and price rise, high-end brands are having to contend with ultra-fast fashion and ‘dupe’ culture.

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

Jim Cramer, host of Mad Money, recently discussed some of the significant challenges the alcohol industry is facing. He pointed out that as the end of January approaches, the wine and spirits industry ...

LVMH ended 2024 on a high note. The luxury conglomerate reported better-than-expected full-year sales on Tuesday, generating ...

Following Meta’s layoffs earlier this month, Arnault, the head of the luxury goods conglomerate that controls brands like ...

LVMH published its earnings report and the results revealed concerning news for the future of the alcoholic beverage business.

Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...

Luxury goods conglomerate LVMH, Europe's largest company by market value, said Tuesday that its net profit fell 17 percent ...

Watch brand executives from LVMH speak on the state of the industry during the group's annual watch week in New York City.

Luxury goods conglomerate LVMH, Europe's largest company by market value, said on Tuesday that its net profit fell 17 percent last year to 12.55 billion euros ($13 billion) as sales slipped 2 percent ...

The Hennessy Cognac maker reported underlying operating profit from the division dropped by more than a third.