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LVMH shares set for biggest drop in over a year on fading recovery hopes

Shares in LVMH were on track for their largest drop in 14 months on Wednesday after the luxury goods group's latest sales figures disappointed investors hoping for stronger signs of a rebound at the sector bellwether.

NBC New York · 19h

Shares of LVMH drop 5% as full-year results throw doubt on broad luxury recovery

LVMH shares dropped as slightly better-than-expected full-year results from the world’s largest luxury company threw doubt over a broader sector recovery.

The Financial Times · 1d

LVMH sales growth raises hope for end to luxury downturn

LVMH defied expectations and increased sales in its most recent quarter thanks to a buoyant US economy and resilience in Europe, raising optimism that the worst of the downturn in the luxury goods market has passed.

Reuters on MSN · 21h

LVMH drags down luxury shares as budding hopes fade

Shares in luxury conglomerate LVMH were down in early trade on Wednesday, after the company's end-of-year report disappointed investors hoping for stronger signs of rebound from the sector bellwether.

1h

LVMH’s CEO Bernard Arnault Does Not Deny DFS Sale As Stock Slides

French luxury conglomerate LVMH saw its stock slide by more than 6% following the Tuesday evening reveal of its 2024 annual ...

1don MSN

Why LVMH Moët Hennessy-Louis Vuitton Stock Flopped Today

Luxury goods purveyor LVMH Moët Hennessy-Louis Vuitton's (OTC: LVMUY) stock wasn't feeling like much of a luxury for ...

11h

LVMH eyes US workshop expansion, but any shift will likely be limited

Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...

21hon MSN

Louis Vuitton Pulled Out All the Stops for Its New Spin Time Watches

L ast week in New York, droves of watch nuts assembled on 57th Street to see what the folks at juggernaut luxury conglomerate ...

2h

Louis Vuitton chief on F1 tie-up: ‘Sport is part of the culture, the life of young people’

Pietro Beccari is betting that the label’s sole title sponsorship of F1 will help it evolve from a fashion brand into a ‘cultural’ one ...

20h

Heard on the Street: LVMH Stock Price Drops on Luxury Reality Check

Demand for high-end brands is improving but not as quickly as hoped. European luxury shares fell Wednesday in reaction to a ...

7h

LVMH Generated $88 Billion in Revenue in 2024, Slightly Above Expectations

LVMH earned $88.27 billion in revenue in 2024, a slightly better-than-expected figure that could be signaling a turnaround in ...

23h

LVMH Moet Hennessy Louis Vuitton (0HAU) Receives a Buy from Goldman Sachs

Goldman Sachs analyst Louise Singlehurst maintained a Buy rating on LVMH Moet Hennessy Louis Vuitton (0HAU – Research Report) today and set a ...

7don MSN

Louis Vuitton unveils a stash of new watches – including one design you've probably never seen before

The Tambour is a staple piece in the Louis Vuitton collection, but you've never seen one quite like this. A new movement ...

1d

Louis Vuitton Owner’s Sales Beat Forecasts Despite Weak Growth

The core fashion and leather goods business—which houses Louis Vuitton and Dior—recorded revenue of €11.14 billion for the ...

1d

LVMH Moet Hennessy Louis Vuitton (0HAU) Gets a Buy from Barclays

Barclays analyst Carole Madjo maintained a Buy rating on LVMH Moet Hennessy Louis Vuitton (0HAU – Research Report) today and set a price target ...

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