LVMH's commentary on demand in China was a warning for luxury brands, which have relied on Chinese consumers to drive growth ...
Europe's STOXX 600 settled lower on Wednesday, with tech and luxury stocks hurt by disappointing results from industry ...
European luxury stocks fell after third-quarter results from industry bellwether LVMH dashed hopes that a sector recovery is ...
The luxury retail industry’s robust growth is being fueled by the increasing dominance of high-net-worth individuals and ...
Those willing to look into other luxury MPV options may be delighted to find that there are many innovative, and ...
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Weak sales in China at LVMH, the owner of Dior, Tiffany and more, sent a shudder through the luxury sector. Shares in LVMH ...
The Dow Jones Industrial Average (^DJI) rose nearly 350 points, or about 0.8%, to close at a record high of 43,077.70. The ...
While banks and pharma firms dominate Wednesday's diary, reverberations from ASML's big miss knocked Wall Street (.SPX) back ...
The world’s largest luxury group saw its shares tumble as much as 7.5% Wednesday morning to a two-year low before ticking ...
Shares in LVMH Moët Hennessy Louis Vuitton were sliding on Wednesday after the French luxury goods maker warned that China's faltering economy is weighing on its sales numbers. In an earnings report ...
LVMH reported a 3% decline in third-quarter sales. This is the first decline in quarterly sales since the pandemic. The drop in demand from China and Japan contributed significantly to this decrease.