Shares in LVMH were on track for their largest drop in 14 months on Wednesday after the luxury goods group's latest sales figures disappointed investors hoping for stronger signs of a rebound at the sector bellwether.
Luxury goods giant LVMH is the pride of France, but the government nevertheless understands the anger expressed by LVMH boss Bernard Arnault regarding French taxes, said a government spokeswoman on Wednesday.
French stocks are down in negative territory Wednesday morning, weighed down by losses in the luxury sector as industry major LVMH's
LVMH says 2025 is off to a good start as it reports an increase in sales in its most recent quarter. US President Donald Trump is offering buyout packages to almost all federal workers who do not
At 06:55 ET (11:55 GMT), the DAX index in Germany gained 0.8%, the FTSE 100 in the UK rose 0.4%, while the CAC 40 in France slipped 0.2%.
European stocks climbed to a record high, propelled by Dutch chip equipment maker ASML's impressive quarterly results, which lifted the technology sector. While ASML's success reassured AI investors,
European stocks closed mostly higher on Wednesday as investors focused on corporate earnings news and looked ahead to policy
European markets hit new highs, driven by tech stocks' robust performance, notably chipmaker ASML's positive results. Anticipation surrounds the U.S. Fed and ECB outcomes. Germany's DAX soared with Deutsche Telekom,
European shares closed at a record high on Wednesday, boosted by technology stocks following strong results from chip equipment maker ASML, while investors shifted their focus to a monetary policy verdict by the U.
France's largest conglomerate LVMH is turning its eyes the the United States in order to avoid higher taxation in Europe. Billionaire CEO Bernard Arnault is also hoping to leverage his friendship with President Donald Trump in order to garner favorable treatment.
Uncertain start for Europe that looks to the Fed tonight and then to the ECB. In Milan Mps runs, Generali yields on the day of the board of directors. Luxury stocks collapse dragged down by the disapp