U.S. stocks rebounded Wednesday, buoyed by strong earnings from Morgan Stanley, United Airlines, and others, which helped to ...
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 ...
Luxury heavyweight LVMH missed analyst forecasts with a 5% sales drop for Q3. Is it a sign of things to come for Kering and ...
LVMH chairman Bernard Arnault briefly claimed the title of richest man in the world in May, according to the Bloomberg ...
Louis Vuitton’s owner seems surprised at how quickly Chinese consumers have closed their wallets and abandoned its brands. It ...
U.S. stocks advanced in opposition to their global counterparts on Wednesday, and crude extended its decline on worries that ...
While speaking during the company’s third-quarter earnings call, Guiony was asked if the recent 3% year-over-year sales ...
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 ...
The world’s largest luxury group saw its shares tumble as much as 7.5% Wednesday morning to a two-year low before ticking ...