Third-quarter earnings are expected on average to have increased 3.7% from a year ago, according to data from LSEG I/B/E/S, driven by growth in materials, financials, and utilities ...
The CAC 40 index pulled back this week even as its American peers like the Dow Jones, S&P 500, and Nasdaq 100 indices surged ...
Waning confidence among China’s middle class consumers could further undermine sales of global luxury brands, analysts say.
The French CAC 40 index underperformed most major European bourses with a 0.4% decline. Peers Gucci-owner Kering, Hermes and ...
China’s consumer slowdown hits high-end conglomerate LVMH; its rivals Brunello, Hermes, Kering have yet to report sales.
Economic uncertainty is reshaping buying habits, fueling the rise of domestic brands and challenging luxury behemoths like ...
LVMH chairman Bernard Arnault briefly claimed the title of richest man in the world in May, according to the Bloomberg ...
U.S. stocks rebounded Wednesday, buoyed by strong earnings from Morgan Stanley, United Airlines, and others, which helped to ...
Louis Vuitton’s owner seems surprised at how quickly Chinese consumers have closed their wallets and abandoned its brands. It ...
Shares in LVMH fell due to a slowdown in China. The luxury conglomerate saw fashion and leather-goods sales dip for the first ...
LVMH's commentary on demand in China was a warning for luxury brands, which have relied on Chinese consumers to drive growth ...
Eighteen months ago, LVMH shares were trading at a record high and the group’s controlling shareholder, Bernard Arnault, was ...
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