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LVMH says its wine business took a 12% hit because people are too sad to buy champagne
Fortune via Yahoo Finance Canada· 23 hours agoA signature sign of a party or celebration is popping champagne. The fizzy alcoholic beverage kicks...
Some investors demand change at LVMH after probe into Dior contractors
Reuters via Yahoo Finance Canada· 3 days agoLONDON/PARIS (Reuters) -Europe's top asset manager Amundi and other LVMH investors want the $370...
LVMH’s wine, champagne and handbags still can’t win back budget-tight Chinese consumers rationing...
Fortune via Yahoo Finance Canada· 2 days ago“Continued economic and geopolitical uncertainties are still impacting certain businesses, notably...
Are Luxury Brands Still Worth It?
The Business of Fashion· 3 hours agoThis week, luxury fashion’s biggest players reported falling revenues for a second consecutive quarter, underscoring just how far demand for luxury...
Bernard Arnault Confirms He Owns ‘Very Minor Stake’ in Richemont
Bloomberg· 5 hours agoHave a confidential tip for our reporters? Bernard Arnault confirmed he bought a small stake in...
LVMH’s L Catterton Buys Outlet Malls Stake in £1.5 Billion Deal
Bloomberg· 4 days agoL Catterton, the private equity firm backed by French luxury fashion house LVMH Moet Hennessy Louis...
Bernard Arnault has been dubbed the Olympics' godfather. Here's how he built LVMH's fortune
The Canadian Press via Yahoo Canada Sports· 3 days agoPARIS (AP) — For decades, France’s LVMH has been the face of luxury for the wealthy who tote Louis...
LVMH sales miss estimates as Chinese market slows
Reuters via Yahoo Finance Canada· 3 days agoPARIS (Reuters) -LVMH sales growth slowed in the second quarter as Chinese shoppers reined in spending on high-end fashion at home, even as demand in...
The world’s biggest luxury brands are hurting as Chinese shoppers rein in spending
CNN Business via Yahoo Finance Canada· 8 hours agoThe value of some of the world’s best-known luxury companies is plunging as Chinese consumers pull...
LVMH shares drop after missing second-quarter estimates
Reuters via Yahoo Finance Canada· 2 days agoPARIS (Reuters) -Shares in LVMH fell as much as 6.5% in early Wednesday trade and were on track for...