Montaka Global Investments, an investment management company, released its fourth quarter 2024 investor letter. A copy of the ...
It’s taken LVMH nearly a year-and-a-half to regain its spot as Europe’s biggest stock from Novo Nordisk A/S.Most Read from ...
Jean Arnault, director of Louis Vuitton’s watch division, has to contend with a tough luxury market and stubborn young ...
Bernard Arnault is outpacing Elon Musk and Mark Zuckerberg in wealth gain this year after signs of a rebound in luxury demand ...
While TD Cowen acknowledges LVMH as a “great idea for the longer term,” it notes that the company faces hurdles in the near ...
Shares of Louis Vuitton Moet Hennesy ( LVMUY -1.54%) were moving higher today in symphony with a strong earnings report from ...
Novo Nordisk has faced a massive selloff in recent months amid disappointing drug trials and U.S. pressure to cut its prices.
As of 1:07 p.m. ET, LVMH stock was up 9.8% ... It did note challenging demand in China, a key market for the luxury sector and one where LVMH has struggled. Richemont added that sales fell ...
China is a huge a growing market for luxury, so that nation’s prolonged economic slump has been a drag for the group. The upshot is that companies like LVMH have seen their share prices sag even ...