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 ...
LVMH earned $88.27 billion in revenue in 2024, a slightly better-than-expected figure that could be signaling a turnaround in ...
LVMH published its earnings report and the results revealed concerning news for the future of the alcoholic beverage business ...
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Luxury goods conglomerate LVMH, Europe's largest company by market value, said Tuesday that its net profit fell 17 percent ...
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.
LVMH shares dropped as slightly better-than-expected full-year results from the world’s largest luxury company threw doubt ...
With the economic outlook in France looking grim, Arnault said LVMH, which owns Louis Vuitton, Dior, Fendi and Moët & Chandon ...
Goldman Sachs analyst Louise Singlehurst maintained a Buy rating on LVMH Moet Hennessy Louis Vuitton (0HAU – Research Report) today and set a ...