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Shares of LVMH plunged 7.8% on Tuesday, losing its position as the world's largest luxury firm to rival Hermès after an unexpected decline in first-quarter sales. LVMH reported a 3% year-on-year ...
Shares of LVMH plunged 7.8% on Tuesday, losing its position as the world's largest luxury firm to rival Hermès after an unexpected decline in first-quarter sales. Stream San Diego News for free ...
[PARIS] LVMH sales fell more than expected in the first quarter, weighed down by weak demand for luxury goods in China and the US and the threat of a trade war. Revenue at the French luxury group’s ...
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Weak US, China Demand Hurts LVMH SalesLVMH sales fell more than expected in the first quarter, weighed down by weak demand for luxury goods in China and the US and the threat of a trade war. Bloomberg's Angelina Rascouet reports ...
Les ventes du groupe dirigé par Bernard Arnault ont affiché une baisse de 2% à 20,3 milliards d'euros. ©Copyright 2020 The Associated Press. All rights reserved ...
The decline in first-quarter sales, after 1% growth in the fourth quarter and analyst expectations for 2% growth in January to March, sent LVMH depositary receipts traded in the US down 7.5%.
Investors seeking insight into the potential impact of Donald Trump’s tariffs will scrutinise any comments on the subject from luxury bellwether LVMH after European markets close on Monday.
Luxury giant LVMH saw sales fall two percent to 20.3 billion euros ($23 billion) in the first quarter of 2025 as US President Donald Trump's tariffs shook the global economy, the company said on ...
Paris (AFP) – Luxury giant LVMH saw sales fall two percent to 20.3 billion euros ($23 billion) in the first quarter of 2025 as US President Donald Trump's tariffs shook the global economy ...
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