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Shares of French luxury conglomerate LVMH sank Tuesday after the company reported a decline in sales, and the Louis Vuitton ...
Investors saw the recent promotion of 30-year-old Frédéric Arnault, who is set to move from LVMH’s struggling watches unit to head the company’s third-biggest brand, Loro Piana, as a sign of ...
Sales were “overall below the most conservative buyside expectations,” Citi analysts said, with wines and spirits suffering ...
The market capitalization of LVMH, known for brands like Louis Vuitton ... reported a 9% decrease in revenue, while watches and jewelry remained largely unchanged, and two other segments ...
LVMH, the Paris-based luxury giant ... with Moët & Chandon and Veuve Clicquot brands led the decline by 9% year over year. Meanwhile, watches and jewelry, which includes TAG Heuer and Bulgari ...
In his previous position, Ros was “instrumental in developing the brand desirability” of Louis ... named Jean-Christophe Babin as CEO of LVMH Watches. For fiscal 2024, LVMH posted a 2% revenue ...
The aggressive launch and sudden reversal of US President Donald Trump’s reciprocal tariffs have thrown unexpected challenges at a leading figure in the jewellery industry.
Still, LVMH remains confident, citing a long-term growth strategy. Analysts see a luxury spending "pause," not a crash, advising brands to watch consumer sentiment, not just sales. LVMH just ...
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