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LVMH shares set for biggest drop in over a year on fading recovery hopes
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.
Shares of LVMH drop 5% as full-year results throw doubt on broad luxury recovery
LVMH shares dropped as slightly better-than-expected full-year results from the world’s largest luxury company threw doubt over a broader sector recovery.
LVMH’s Subdued Sales Temper Hopes for a Rapid Luxury Rebound
LVMH’s sales of fashion and leather goods declined in the fourth quarter, casting doubt on the prospects for a quick recovery in luxury demand.
LVMH drags down luxury shares as budding hopes fade
Shares in luxury conglomerate LVMH were down in early trade on Wednesday, after the company's end-of-year report disappointed investors hoping for stronger signs of rebound from the sector bellwether.
LVMH reports muted sales amid hope that the luxury downturn might finally be ending
I’m not going to report record revenue, but it was nonetheless a robust year," CEO Bernard Arnault said during the earnings call.
Heard on the Street: LVMH Stock Price Drops on Luxury Reality Check
Demand for high-end brands is improving but not as quickly as hoped. European luxury shares fell Wednesday in reaction to a mixed set of results from Louis Vuitton’s owner, LVMH. After [Burberry](
World's largest luxury group LVMH posts better than feared full-year sales
The world’s largest luxury company LVMH on Tuesday reported better-than-expected full-year sales, in the strongest sign yet of a potential turnaround in the high-end sector.
LVMH Sales Cast Doubt on Luxury Rebound
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world
LVMH Stock Drops as Results Raise Questions on Luxury Turnaround
KEY TAKEAWAYS Luxury giant LVMH eked a small gain in 2024 sales, underwhelming investors following buoyant results from rivals that signaled a turnaround for the sector.Sales last year marked a 1% organic gain over the previous year and a 2% drop reported.
Shares in luxury giant LVMH trade lower as sales growth disappoints
Luxury stocks trade lower after giant LVMH shows improvement in sales, but nevertheless left analysts underwhelmed.
Watchpro.com
21h
Watch sales likely to be down double-digits across Swatch Group, LVMH and Richemont in 2024
Keen watchers of the global export figures for the Swiss watch industry might conclude that 2024 was a little more ...
FashionUnited
1d
Luxury’s uneven runway: LVMH takes a tumble as rivals soar
French conglomerate LVMH, traditionally among the last to disclose its financials during the reporting season, has delivered ...
2d
LVMH Shares Fall as Sales Growth Fails to Impress
(Reuters) - Shares in LVMH fell in early Frankfurt trading on Wednesday, as sales growth posted by the luxury goods group ...
voguebusiness
2d
LVMH sales stabilise after tough 2024
The conglomerate’s all-important fashion and leather goods division reported that sales declined by 1 per cent in the fourth ...
2d
on MSN
LVMH Revenues Flat in Q4 as Fashion Division Slows Decline
LVMH Moët Hennessy Louis Vuitton said it was confident heading into 2025 after revenues were broadly flat in the fourth ...
19h
These were the 10 hottest brands at the end of 2024, according to Lyst
The fashion search platform's Q4 2024 ranking included brands like Miu Miu and The Row. See the full list here.
laconceria
1d
Those with broken bones after three years of crisis: Kering trudges on
The year 2024 has put a strain on the luxury sector. China’s economic slowdown and more cautious consumers have played their ...
1d
on MSN
What Bernard Arnault’s optimism for the U.S. could mean for LVMH’s position under ‘tariff man’ Trump
"It's clear that we are being strongly pushed by the American authorities to continue to build out our presence," Bernard ...
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