Luxury stocks slide as LVMH disappoints and Wall Street eyes few signs of stronger China demand despite stimulus
LVMH's commentary on demand in China was a warning for luxury brands, which have relied on Chinese consumers to drive growth ...
LVMH sales fall 3% as China demand for luxury goods worsens
French luxury giant LVMH reported a 3% fall in third-quarter sales on Tuesday, undershooting estimates in its first decline ...
LVMH’s Fall From Grace in China Rattles Luxury Investors
Eighteen months ago, LVMH shares were trading at a record high and the group’s controlling shareholder, Bernard Arnault, was ...
Louis Vuitton Owner LVMH Posts Sales Drop Amid China Weakness
LVMH posted a year-over-year sales decline in the third quarter, showing the continuing pressure on the luxury sector from ...
LVMH investors jittery over anaemic China demand for European designer goods
PARIS, Oct 14 (Reuters) - Investors in French luxury group LVMH (LVMH.PA) are eager for signs that China's new fiscal ...
LVMH Set to Provide Clues on Luxury Industry’s China Struggles
For investors bracing for another gloomy results season from Europe’s luxury-goods industry, there’s potentially one bright ...
LVMH trades lower after China weakness drags down results
LVMH (OTCPK:LVMHF) reported organic revenue fell 3% year-over-year in FQ3 to miss the consensus estimate for a gain of 1%.
Louis Vuitton owner LVMH sales slump on weak China demand, shaking luxury sector
The world’s largest luxury group saw its shares tumble as much as 7.5% Wednesday morning to a two-year low before ticking ...
LVMH Warns That Dipping Demand in China Could Hurt the Luxury Sector
Shares in LVMH fell due to a slowdown in China. The luxury conglomerate saw fashion and leather-goods sales dip for the first ...
The Edge Singapore1h
Arnault’s US$37 bil wealth loss comes as luxury dims in China
China’s consumer slowdown hits high-end conglomerate LVMH; its rivals Brunello, Hermes, Kering have yet to report sales.