A strong quarter from Richemont lifted luxury stocks, including LVMH. LVMH and Richemont have both struggled in China. The report bodes well for LVMH's upcoming results. As of 1:07 p.m. ET ...
(Bloomberg) -- LVMH appointed new divisional leaders in a reshuffle that returns one of billionaire founder Bernard Arnault’s sons to the luxury conglomerate’s Paris headquarters from New York ...
The upshot is that companies like LVMH have seen their share prices sag even as the broader market reaches new highs. LVMH upgraded to Buy from BofA Securities. Here's why. Why I Backed Up the ...
PARIS, Jan 14 (Reuters) - LVMH (LVMH.PA), opens new tab said on Tuesday it was "impossible" to control the final destination of products sold by third-party distributors after a report said the ...
With the most to lose, luxury brands, including Bulgari, Cartier and Tiffany (now an LVMH brand), stood firmly behind that barrier and held only natural diamonds were luxury. But now the walls ...
Kevin covers retail, airports, and the global traveling shopper. The world’s largest luxury conglomerate, LVMH Moët Hennessy Louis Vuitton, has sold a majority stake in its little-known cruise ...
Arnault and his company aren’t on trial, and he hasn’t been accused of any wrongdoing. LVMH, owner of Louis Vuitton, Dior and dozens of other luxury brands, reached a 10 million euro ...
LVMH Moët Hennessy Louis Vuitton has said it is “impossible” to manage where products are sold by third-party distributors amid a report the group’s Champagne continues to be sold in Russia.
LVMH said they experienced a second straight record year with revenue and profits despite geopolitical tensions and high cost of living. Sales reached almost $25bn (£19.9), a 9% increase in the ...
As of 1:07 p.m. ET, LVMH stock was up 9.8%, compared to Richemont's 15.4%. Richemont reported a 10% increase in third-quarter sales to 6.2 billion euros ($6.4 billion), and it saw double-digit ...