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So here is a chart that you need to watch; it is of LVMH the colossus of luxury. It is already 20% down, just a few percentage points from what is considered a crash for an index. However ...
European luxury companies, especially LVMH, face short-term challenges but offer a long-term investment opportunity due to their historical resilience and potential for recovery by H2 2025.
Shares of LVMH plunged as much as 8% on Tuesday morning, at one point losing its position as world's largest luxury firm to rival Hermès after an unexpected decline in first-quarter sales.
LVMH lost its position on Tuesday as Europe’s largest luxury company in terms of market capitalization after being overtaken by rival Hermès due to investor pessimism after disappointing first ...
The design of the medals, which vary in value based on their metals, comes from LVMH's brand Chaumet. One Champagne holdings' group CFO claimed a lack of "cheer" worldwide caused bubbly sales to ...
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