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essanews.com on MSNLVMH warns: Chinese luxury demand shifts to local brandsLVMH, the owner of dozens of luxury brands, is experiencing revenue declines in the Middle Kingdom. The company warns that ...
Daily Wrap on MSN2h
LVMH faces challenges as the Chinese luxury shift hits revenuesTheir attention is increasingly turning to local brands with luxury aspirations. ...
French luxury group LVMH has room to raise prices of high-end products by around 2-3% without likely affecting demand from ...
Companies that raised prices the most during the pandemic are now reporting disappointing numbers.
The most exclusive luxury brands are starting to feel the pinch—especially those that pushed prices too far during the pandemic, The Wall Street Journal writes. Christian Dior and Chanel, which hiked ...
First quarter earnings from LVMH, Burberry and other posh brands were down, but advisors don't see their HNW clients changing ...
"I think, hopefully, we're past the term quiet luxury, that was getting pretty annoying," Anish Melwani, the CEO of LVMH US, ...
LVMH will focus on its biggest, best known alcohol brands and rein in international ambitions for smaller labels to revive Moet Hennessy, the division's CEO Jean-Jacques Guiony told employees this ...
As the group announces its 14th acquisition — experiential studio Obo — we speak to CEO Christian Kurtzke about how he’s ...
The world’s wealthiest are continuing to adorn themselves with the finest jewelry even as broader luxury shoppers pull back.
We believe that a portfolio of strong leading brands in several luxury niches grants LVMH Moet Hennessy Louis Vuitton a wide moat and should allow it to generate economic profits well into the future.
arguing that while understated elegance has long existed within LVMH brands, the trend limited consumer expression and choice in the luxury space. As the industry shifts, European luxury brands ...
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