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According to the latest ranking of France 500 biggest fortunes in magazine Challenges, the top spot now belongs to Hermès' ...
Barclays downgraded LVMH from Overweight to Equalweight, cutting the price target to €550, citing concerns about a slowdown in the U.S. market and challenges in the Fashion & Leather Goods division.
In fashion and leather goods (over half of the company’s profits), LVMH’s brand intangible assets are backed by the 100-plus-year-old globally recognized Louis Vuitton brand, with long product ...
LVMH just delivered a blow to investors in first quarter, reporting a 3% organic revenue decline, including a 5% drop in its largest fashion and leather goods segment.
The owner of Louis Vuitton and Dior lost its position on Tuesday as Europe’s largest luxury company in terms of market capitalization after being overtaken by Hermès.
LVMH, led by Bernard Arnault, lost its title as the world's most valuable luxury company to Hermes after its market capitalization slipped due to a sales miss.
LVMH lost its position today as Europe's largest luxury company in terms of market capitalisation after being overtaken by rival Hermes due to investor pessimism after disappointing first-quarter ...
Hermès surpassed arch rival LVMH on Tuesday to become France's most valuable company after Bernard Arnault 's conglomerate posted sliding first-quarter sales.
LVMH shares tumbled on Tuesday, leading a decline across the luxury sector, after the group’s weak first-quarter sales deepened fears for an industry already braced for the fallout from US ...
PARIS (Reuters) -LVMH's first-quarter revenue undershot expectations, as shoppers in the United States pulled back on beauty products and drinks while sales in China stayed weak, the world's ...
After a year of declines, sales of watches and jewelry at luxury giant LVMH rebounded in the latest quarter and continued to shine into January, according to several of the company’s brand CEOs.
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