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Key Takeaways Shares of French luxury conglomerate LVMH sank Tuesday after the company reported a decline in sales.The Louis ...
LVMH shares fell sharply in Paris on Tuesday after the French luxury conglomerate reported a slide in first-quarter results.
Hermès’ market capitalization surpassed that of rival LVMH, the conglomerate which tried to buy the maker of the coveted ...
LVMH, led by Bernard Arnault, lost its title as the world's most valuable luxury company to Hermes after its market ...
Sales were “overall below the most conservative buyside expectations,” Citi analysts said, with wines and spirits suffering ...
However, LVMH this week reported weaker-than-expected revenue for the first quarter, citing a challenging global economic ...
The owner of Louis Vuitton and Dior lost its position on Tuesday as Europe’s largest luxury company in terms of market capitalization after being overtaken by Hermès.
Hermès said prices will rise from May 1 and aim to “fully offset” the impact of the universal 10% tariff imposed by the White ...
The French luxury firm will pass along the higher costs only to US customers, according to Eric du Halgouet, Hermes’ ...
Hermes’s first-quarter sales were dragged down by a continued lull in China, but were still better than peers.
European governments urgently need to ease tensions with the United States over President Donald Trump's tariffs, LVMH CEO ...
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Cryptopolitan on MSNHermès raises U.S. prices on bags and scarves due to Trump’s tariffs on ChinaHermès is raising the prices of its handbags and scarves in the United States starting May 1, blaming the decision on Trump’s ...
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