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LVMH CFO Cecile Cabanis, during the company's Q1 2025 earnings call, said Amazon's presence is hitting Sephora's momentum online because of its "aggressive" pricing strategy. LVMH reported revenue of ...
The 2 percent decline had a dampening effect on other European luxury players, who saw their shares ease in early trading.
LVMH's first-quarter revenue undershot expectations, as shoppers in the United States pulled back on beauty products and ...
LVMH's first-quarter revenue fell short of expectations, affected by reduced U.S. spending on beauty and drinks and weak ...
LVMH shares slid lower today after the world's largest luxury group posted first quarter revenues that undershot expectations.
Michael Kors bought Versace for $2.2 billion in 2018 and named the group Capri, in a bid to take on larger European rivals ...
LVMH's New York-listed depositary receipts fell ... "The U.S. deceleration was essentially driven by Sephora," Cabanis said, adding that Amazon.com was "very aggressive" on prices.