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LVMH drags down luxury shares
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.
European Luxury Stocks Drop After LVMH Tempers Enthusiasm for Sector Rebound
Shares slumped on industry bellwether LVMH failing to meet the bar set by rivals in recent weeks, denting hopes of a recovery in the sector.
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’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 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.
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 ...
1d
on 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 ...
Dow Chemical Company
2d
Dow, Brivaplast, and TecnoGi Collaborate on Circular Materials Solution for Luxury Goods Industry
Dow, Brivaplast, and TecnoGi are joining forces to repurpose high-quality materials and support sustainable practices across ...
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, ...
10d
on MSN
Navigating the changing landscape of luxury retail: a market analysis
Explore how the luxury goods industry is evolving post-pandemic, with insights into market leaders like Richemont, Hermes, ...
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