LVMH’s Bernard Arnault sees nearly $10 billion in wealth wiped out after share price bloodbath
Bernard Arnault, the founder and CEO of the luxury powerhouse LVMH, saw his wealth drop by nearly $10 billion in a single day ...
LVMH executive says it would be a mistake to offer more affordable products. Here’s why he’s right.
While speaking during the company’s third-quarter earnings call, Guiony was asked if the recent 3% year-over-year sales ...
Why LVMH Moët Hennessy Stock Tumbled on Tuesday
Business slumps happen all the time, but what's troubling about this is that the slide in fashion and leather goods was ...
LVMH shares hit by weak Q3 sales, dragging down luxury sector
Shares in LVMH fell on Wednesday, dragging down the broader luxury goods sector, after it missed expectations with a 3% drop in third quarter sales, adding to investor concerns about the consumer ...
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LVMH Shares Hit by Weak Q3 Sales Weigh on Wider Sector
PARIS (Reuters) - Shares in LVMH fell on Wednesday, dragging down the broader luxury goods sector, after it missed ...
LVMH Set to Provide Clues on Luxury Industry’s China Struggles
For investors bracing for another gloomy results season from Europe’s luxury-goods industry, there’s potentially one bright ...
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LVMH sales drop as Chinese demand for costly handbags cools
Organic revenue at its key fashion and leather goods unit fell 5% in the third quarter, its worst performance since the ...
Investors develop an allergy to GRANOLAS after ASML, LVMH downturns
Europe’s answer to the Magnificent Seven is leaving much to be desired after two of the Continent’s biggest companies, ASML ...