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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.
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.
Heard on the Street: LVMH Stock Price Drops on Luxury Reality Check
Demand for high-end brands is improving but not as quickly as hoped. European luxury shares fell Wednesday in reaction to a mixed set of results from Louis Vuitton’s owner, LVMH. After [Burberry](
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.
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.
2h
LVMH’s CEO Bernard Arnault Does Not Deny DFS Sale As Stock Slides
French luxury conglomerate LVMH saw its stock slide by more than 6% following the Tuesday evening reveal of its 2024 annual ...
1d
on MSN
Why LVMH Moët Hennessy-Louis Vuitton Stock Flopped Today
Luxury goods purveyor LVMH Moët Hennessy-Louis Vuitton's (OTC: LVMUY) stock wasn't feeling like much of a luxury for ...
13h
LVMH eyes US workshop expansion, but any shift will likely be limited
Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...
22h
on MSN
Louis Vuitton Pulled Out All the Stops for Its New Spin Time Watches
L ast week in New York, droves of watch nuts assembled on 57th Street to see what the folks at juggernaut luxury conglomerate ...
8h
LVMH Generated $88 Billion in Revenue in 2024, Slightly Above Expectations
LVMH earned $88.27 billion in revenue in 2024, a slightly better-than-expected figure that could be signaling a turnaround in ...
1d
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 ...
7d
on MSN
Louis Vuitton unveils a stash of new watches – including one design you've probably never seen before
The Tambour is a staple piece in the Louis Vuitton collection, but you've never seen one quite like this. A new movement ...
The Manual on MSN
4d
Louis Vuitton reimagines luxury with Tambour Taiko Spin Time watches
Louis Vuitton showcases new watches at the LVMH Watch Week. The post Louis Vuitton reimagines luxury with Tambour Taiko Spin ...
12h
LVMH price target raised to EUR 695 from EUR 690 at Deutsche Bank
Deutsche Bank analyst Adam Cochrane raised the firm’s price target on LVMH (LVMUY) to EUR 695 from EUR 690 and keeps a Hold rating on the ...
1d
Louis Vuitton Owner’s Sales Beat Forecasts Despite Weak Growth
The core fashion and leather goods business—which houses Louis Vuitton and Dior—recorded revenue of €11.14 billion for the ...
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