Guiony said the company shouldn’t offer “affordable product” because “the offer in luxury has been the key strength over the ...
Bernard Arnault, the founder and CEO of the luxury powerhouse LVMH, saw his wealth drop by nearly $10 billion in a single day ...
LVMH posted a year-over-year sales decline in the third quarter, showing the continuing pressure on the luxury sector from ...
Business slumps happen all the time, but what's troubling about this is that the slide in fashion and leather goods was ...
For investors bracing for another gloomy results season from Europe’s luxury-goods industry, there’s potentially one bright ...
PARIS (Reuters) - Shares in LVMH fell on Wednesday, dragging down the broader luxury goods sector, after it missed ...
Europe’s answer to the Magnificent Seven is leaving much to be desired after two of the Continent’s biggest companies, ASML ...
The sudden slowdown in Chinese demand reported by Louis Vuitton’s owner is a bad sign for weaker rivals like Kering-owned Gucci. Dig deeper: ...