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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.

Bloomberg on MSN · 17h

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.

The Financial Times · 1d

LVMH sales growth raises hope for end to luxury downturn

LVMH defied expectations and increased sales in its most recent quarter thanks to a buoyant US economy and resilience in Europe, raising optimism that the worst of the downturn in the luxury goods market has passed.

Hosted on MSN · 17h

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.

NBC New York · 20h

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 eyes US workshop expansion, but any shift will likely be limited

Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...

Paris Olympics Medals Are Tarnishing, Putting LVMH in the Spotlight

The medals were designed by a jewelry maker owned by the French luxury conglomerate, which has declined to comment on their ...

20h

LVMH profits fall 17% but Arnault promises 'wind of optimism' in US

The luxury goods group headed by Bernard Arnault ends its 2024 financial year with sales of €84.7 billion, down 2% on 2023.

2don MSN

LVMH's Arnault family faces off-pitch challenges at new Paris soccer club

French billionaire Bernard Arnault's family is struggling to secure a deal on a much-needed new stadium for its recently ...

French luxury giant LVMH denies responsibility for rusty, deteriorating Olympic medals

LVMH, which is controlled by the family of multibillionaire Bernard Arnault, was a major sponsor of the Summer Games in Paris ...

13hon MSN

LVMH Stock Drops as Results Raise Questions on Luxury Turnaround

Luxury giant LVMH eked a small gain in 2024 sales, underwhelming investors following buoyant results from rivals that ...

The Manila Times on MSN12h

LVMH net profit drops 17% in 2024

Luxury goods conglomerate LVMH, Europe's largest company by market value, said on Tuesday that its net profit fell 17 percent last year to 12.55 billion euros ($13 billion) as sales slipped 2 percent ...

LVMH Raised to 'Overweight' Rating by Morgan Stanley Analysts

PARIS (Reuters) - Investment bank Morgan Stanley has raised its rating on French luxury goods giant LVMH to 'overweight' from ...

voguebusiness23h

At LVMH Watch Week, execs share their strategies for 2025

After a quick pivot away from its original LA venue, LVMH presented nine of its watch brands to press in New York. There, ...

21h

LVMH Moet Hennessy Louis Vuitton (0HAU) Receives a Buy from Goldman Sachs

Goldman Sachs analyst Louise Singlehurst maintained a Buy rating on LVMH Moet Hennessy Louis Vuitton (0HAU – Research Report) today and set a ...

15hon MSN

LVMH considers widening US footprint as CEO Arnault expresses France fatigue

By Tassilo Hummel, Mimosa Spencer PARIS (Reuters) -Luxury giant LVMH is "seriously considering" bulking up its production ...

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