LVMH shares fell sharply in Paris on Tuesday after the French luxury conglomerate reported a slide in first-quarter results.

Luxury goods conglomerate LVMH is no longer the world’s most valuable luxury brand, eclipsed by Hermès on Tuesday after it disclosed worse-than-expected Q1 results.

This slump has led to LVMH ceding its long-held position as the top luxury company to Hermès. The trade war, particularly the spiraling tariffs on China and the uncertainty surrounding further levies, ...

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 ...

Hermès is officially the most valuable luxury stock in the world. Following missed sales by fellow French luxury brand LVMH, ...

Hermès’ market capitalization surpassed that of rival LVMH, the conglomerate which tried to buy the maker of the coveted ...

Bernard Arnault, the world’s sixth-richest person, saw his fortune tumble by $11.9 billion on Tuesday after LVMH Moët Hennessy Louis ...

The group's CFO said it was looking into shifting some segments of its manufacturing process, but it won't happen "overnight.

Hermes' market capitalisation surpassed that of rival LVMH, the conglomerate which tried to buy the maker of the coveted ...

LVMH CFO Cecile Cabanis said "aspirational clientele is always more vulnerable in less positive economic cycles." ...

LVMH just delivered a blow to investors in first quarter, reporting a 3% organic revenue decline, including a 5% drop in its ...

LVMH, led by Bernard Arnault, lost its title as the world's most valuable luxury company to Hermes after its market ...