Kevin Carter / Getty Images Shares of French luxury conglomerate LVMH sank Tuesday after the company reported a decline in sales. The Louis Vuitton parent company was overtaken by Hermès as the ...

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 ...

LVMH's US CEO, Anish Melwani, said he thinks the term "quiet luxury" may be in the past. "I think, hopefully, we're past the term quiet luxury, that was getting pretty annoying," Melwani said ...

PARIS, April 15 (Reuters) - LVMH lost its position on Tuesday as Europe's largest luxury company in terms of market capitalization after being overtaken by rival Hermes (HRMS.PA), opens new tab ...

LVMH ceded its title as the world’s most valuable luxury company on Tuesday, as its market capitalization dropped below rival Hermes. The market capitalization of LVMH, known for brands like ...

Pam Danziger reports on retail, focused on the luxury consumer market. LVMH first-quarter organic revenue fell 3% to $23 billion, missing estimates and sending shares tumbling 8%. Its drop is ...