French luxury powerhouse LVMH experienced a significant setback as its shares plunged more than 6% to €702.50 in early trading on Wednesday, following disappointing fourth-quarter results for 2024.
French luxury goods conglomerate LVMH faced significant headwinds in fiscal year 2024, as profits declined sharply despite marginally exceeding revenue expectations. The company reported total revenue ...
Luxury fashion house LVMH has reclaimed its title as Europe’s most valuable company from Novo Nordisk, as early signs of a luxury comeback coincided with fresh struggles for the Danish Ozempic ...
LVMH Moët Hennessy Louis Vuitton, the owner of multiple luxury brands including Tiffany, Louis Vuitton, and Dior, remains mired in an extended global downturn for high-end goods and is moving at ...
LVMH could provide further firepower, and with valuations tumbling, there could be fresh opportunities. Burberry Group Plc, for example, is expected to focus on outerwear under new CEO Joshua ...