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Arabian Post on MSNEuropean Luxury Faces China Demand Dip, Seeks New Growth DriversDubai European luxury houses are experiencing a marked shift, with faltering Chinese demand prompting a strategic pivot toward alternative markets and refined brand positioning. According to Bain & Co ...
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 ...
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.
LVMH posted subdued quarterly results due to continued weakness in the fashion and leather goods segment. The results slightly exceeded analysts' estimates for overall performance.
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