Third-quarter earnings are expected on average to have increased 3.7% from a year ago, according to data from LSEG I/B/E/S, driven by growth in materials, financials, and utilities ...
The CAC 40 index pulled back this week even as its American peers like the Dow Jones, S&P 500, and Nasdaq 100 indices surged ...
China’s consumer slowdown hits high-end conglomerate LVMH; its rivals Brunello, Hermes, Kering have yet to report sales.
Economic uncertainty is reshaping buying habits, fueling the rise of domestic brands and challenging luxury behemoths like ...
U.S. stocks rebounded Wednesday, buoyed by strong earnings from Morgan Stanley, United Airlines, and others, which helped to ...
Louis Vuitton’s owner seems surprised at how quickly Chinese consumers have closed their wallets and abandoned its brands. It ...
EUROPE’S Stoxx 600 settled lower on Wednesday, with tech and luxury stocks hurt by disappointing results from industry ...
Shares in LVMH fell due to a slowdown in China. The luxury conglomerate saw fashion and leather-goods sales dip for the first ...
Wall Street shares climbed Wednesday after a tech selloff the previous day over concerns about the red-hot semiconductor ...
LVMH's commentary on demand in China was a warning for luxury brands, which have relied on Chinese consumers to drive growth ...
Eighteen months ago, LVMH shares were trading at a record high and the group’s controlling shareholder, Bernard Arnault, was ...