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.
Shares of LVMH drop 6% 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’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 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.
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.
LVMH Sales Cast Doubt on Luxury Rebound
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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.
LVMH reports Q4 organic revenue growth of 1%
Moet Hennessy Louis Vuitton recorded revenue of EUR 84.7B in 2024. “Growth continued, 1% on an organic basis, despite a ...
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 ...
Yahoo Finance1d
LVMH Moët Hennessy - Louis Vuitton, Société Européenne (LVMUY)
Furthermore, […] High-end fashion brand LVMH's stock (MC.PA) received an upgrade to Buy from Neutral by BofA Securities, while adding the company to its Europe 1 list of top ideas. Julie Hyman ...
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LVMH and Formula One announce 10-year partnership
Liberty Media-owned Formula One and luxury giant LVMH are entering into a 10-year partnership, according to a joint press release from Wednesday afternoon. The partnership will officially launch ...
LVMH Moet Hennessy Louis Vuitton (0HAU) Receives a Buy from Goldman Sachs
Goldman Sachs analyst Louise Singlehurst maintained a Buy rating on LVMH Moet Hennessy Louis Vuitton (0HAU – Research Report) today and set a ...
Reuters18d
LVMH says 'impossible' to control final sales point after report of champagne shipments to Russia
PARIS, Jan 14 (Reuters) - LVMH (LVMH.PA), opens new tab said on Tuesday ... capacity payments 5:42 PM UTC · Updated ago Reuters, the news and media division of Thomson Reuters, is the world ...