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Shares of French luxury conglomerate LVMH sank Tuesday after the company reported a decline in sales, and the Louis Vuitton ...
LVMH just delivered a blow to investors in first quarter, reporting a 3% organic revenue decline, including a 5% drop in its ...
Hermès is officially the most valuable luxury stock in the world. Following missed sales by fellow French luxury brand LVMH, ...
LVMH Moët Hennessy Louis Vuitton (LVMUY) (FR:MC) stock fell sharply after the luxury giant reported lackluster sales in Q1 ...
Bernard Arnault has no succession plan, and no apparent intention of unveiling one soon. Indeed, the 76-year-old chairman and CEO of LVMH could spend another decade at the helm of the $300 billion ...
LVMH shares plunge after weak Q1 results, shaking the luxury sector. Explore the impact of slowing demand in China & macro uncertainties on top brands.
Some people want to do a bit like Hermès, but it doesn’t work out at the end of the day,” Hermès executive chair Axel Dumas said in February.
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.