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 ...

Burberry’s share price jumped this morning after news of a US-China tariff deal boosted luxury stocks across the world. 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 ...

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 ...

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 ...

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 ...

PARIS (Reuters) -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 ...