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Bernard Arnault, the world’s sixth-richest person, saw his fortune tumble by $11.9 billion on Tuesday after LVMH Moët Hennessy Louis ...
LVMH has hailed its performance in the first quarter of fiscal 2025 as ‘showing good resilience’. Sales dropped 3 percent to ...
LVMH just delivered a blow to investors in first quarter, reporting a 3% organic revenue decline, including a 5% drop in its ...
French luxury giant LVMH posted a 9% sales decline in its wine-and-spirits division due to "weaker demand" in the U.S. and ...
The 2 percent decline had a dampening effect on other European luxury players, who saw their shares ease on Tuesday.
LVMH, led by Bernard Arnault, lost its title as the world's most valuable luxury company to Hermes after its market ...
The Manila Times on MSN17h
LVMH Q1 sales dip 2%
Luxury giant LVMH saw sales fall 2 percent to 20.3 billion euros ($23 billion) in the first quarter (Q1) of 2025 as United States President Donald Trump's tariffs shook the global economy, the company ...
The ADRs of luxury goods maker LVMH Moet Hennessy Louis Vuitton SA (EPA:LVMH) (OTC:LVMUY) dropped more than 6% on Monday following the release of its Q1 results. Total organic sales declined 3% to EUR ...
For the first quarter of 2025, the company brought in €20.31 billion, falling short of analyst expectations of €21.21 billion and down 2% on a reported basis.
For anyone who grew up attaching meaning to the words "Made in Italy" or "Crafted in France," this one might sting a bit. Because the more you scratch at the surface of the luxury industry, the more ...
DFS was once again held back by prevailing international conditions, with revenue still reflecting low traffic in Hong Kong and Macau.
French luxury group LVMH Moët Hennessy Louis Vuitton has posted revenue of €20.3bn ($23.03bn) in the first quarter (Q1) of ...