A large part of the overall decline is thanks to people pulling back in China, a huge market for the luxury sector. “Consumer ...
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 ...
LVMH posted a year-over-year sales decline in the third quarter, showing the continuing pressure on the luxury sector from ...
The world’s largest luxury group saw its shares tumble as much as 7.5% Wednesday morning to a two-year low before ticking ...
Weak sales in China at LVMH, the owner of Dior, Tiffany and more, sent a shudder through the luxury sector. Shares in LVMH ...
Waning confidence among China’s middle class consumers could further undermine sales of global luxury brands, analysts say.
Shares of luxury goods giant LVMH (MC.PA, LVMUY) fell to their lowest levels in over two years after missing third quarter ...
French luxury conglomerate LVMH, the world's largest luxury company, reported a 3% year-on-year decline in sales in its most ...
China’s consumer slowdown hits high-end conglomerate LVMH; its rivals Brunello, Hermes, Kering have yet to report sales.
LVMH Moët Hennessy Louis Vuitton SE, the global luxury giant, saw its shares plunge after reporting a drop in sales of ...