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PARIS — Hermès said Tuesday it will open a new factory in France, hiring 260 artisans to staff a leather workshop in Normandy just as its just as its main competitor, LVMH, is threatening to increase ...
Hermès surpassed LVMH's valuation on Tuesday after Bernard Arnault's company reported disappointing sales. The 3% decline in first-quarter sales compared with a 2% rise forecast by analysts.
A one-sentence statement served as the notice that Mr. Anderson, who reimagined LVMH’s Loewe brand, would lead men’s wear design at Dior. By Jacob Gallagher On Thursday, one of the worst-kept ...
LVMH shares sank 7.8% a day after the group reported a 2% drop in Q1 sales to 20.3b euros French group Hermes overtook LVMH as the world's most valuable luxury company on Tuesday after shares in ...
LVMH Moët Hennessy Louis Vuitton is represented in Wines and Spirits by a portfolio of brands that includes Moët & Chandon, Dom Pérignon, Veuve Clicquot, Krug, Ruinart, Mercier, Château d'Yquem, ...
LVMH, the Paris-based luxury giant, reported €20.3 billion ($23 billion) in revenue in Q1 2025, down 3% year over year. The figures slipped short of the 2% growth forecasted by Visible Alpha ...
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 ...
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 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 world's most valuable luxury ...
Hermes this month briefly overtook its rival LVMH in market cap. Liao Pan/China News Service/VCG via Getty Images With high profits and a reliable base of wealthy clients, LVMH (LVMHF) and Hermes ...
In March 2005, Abe, then acting secretary-general of Japan’s ruling Liberal Democratic Party (LDP), visited New Delhi ahead of Prime Minister Koizumi Junichiro’s official trip. Bearing a ...