Shares of LVMH (OTC: LVMUY) were moving higher today as the luxury goods conglomerate won an endorsement from Goldman Sachs.

LVMH reported 3Q2024 ended down 3%, with Asia off 16% and Fashion & Leather Goods down 5%. LVMH called it a cyclical downturn but it may be bellwether of worse ahead.

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.

LVMH acquired a majority stake in the house in 2013 for 2 billion euros, and under the leadership of Damien Bertrand, it has expanded into leather goods, introduced new materials and modernized ...

The revenue of LVMH's core category, Fashion & Leather Goods, was down 5% in Q1, even as the management stressed that the demand for leather brands, in particular by American shoppers, ...

LVMH, down 7.2%, led share declines ... Improvement seen at the end of 2024 now seems an anomaly as LVMH’s key fashion and leather goods business, home to the Louis Vuitton and Dior brands, ...

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, led by Bernard Arnault, ... LVMH said its fashion and leather goods segment saw an organic 5% year-over-year drop in revenue, hitting 10.1 billion euros in the first quarter.

Paris, April 14, 2025 LVMH Moët Hennessy Louis Vuitton, the world’s leading high-quality products group, recorded revenue of €20.3 billion in the first quarter of 2025. LVMH showed good ...

Speaking to analysts, LVMH's finance chief, Cecile Cabanis, said the group's high-end leather goods and fashion brands were still "well-oriented" in the United States, but that the performance of ...

LVMH, down 7.2%, led share declines ... Improvement seen at the end of 2024 now seems an anomaly as LVMH’s key fashion and leather goods business, home to the Louis Vuitton and Dior brands, ...