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LVMH lost its position on Tuesday as Europe’s largest luxury company in terms of market capitalization after being overtaken by rival Hermès due to investor pessimism after disappointing first ...
On Sunday, April 13, Rory McIlroy became just the sixth golfer in history to win the career grand slam following a tiebreak ...
PARIS -- PARIS (AP) — Bernard Arnault, chairman and CEO of French luxury conglomerate LVMH, called on Thursday for a free trade zone between the European Union and the United States and said ...
Pam Danziger reports on retail, focused on the luxury consumer market. LVMH first-quarter organic revenue fell 3% to $23 billion, missing estimates and sending shares tumbling 8%. Its drop is ...
Shares of LVMH plunged 7.8% on Tuesday, losing its position as the world's largest luxury firm to rival Hermès after an unexpected decline in first-quarter sales. LVMH reported a 3% year-on-year ...
LVMH, the Paris-based luxury giant, reported €20.3 billion ($23 billion) in revenue in Q1 2025, down 3% year over year. The figures slipped short of the 2% growth forecasted by Visible Alpha ...
LVMH Moet Hennessy’s first-quarter sales miss spooked the whole sector as the French luxury-goods giant struggled in China ahead of looming tariffs in the U.S. LVMH reported a 3% decline in ...
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