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LVMH: Big luxury brands suffer as Chinese shoppers hold back
BBC News· 2 days agoLVMH, which is the world's largest luxury group, also said its overall revenue growth had slowed to...
LVMH Growth Slows as China’s Slump Weighs on Luxury Spending
Bloomberg via Yahoo Finance Canada· 2 days ago(Bloomberg) -- LVMH sales growth slowed last quarter as wealthy shoppers reined in spending on...
Bernard Arnault has been dubbed the Olympics' godfather. Here's how he built LVMH's fortune
Financial Post· 3 days agoFor decades, France’s LVMH has been the face of luxury for the wealthy who tote Louis Vuitton bags,...
LVMH Net Profit Falls 14% in H1 2024 as China Slowdown Bites
WWD· 3 days agoPARIS — LVMH Moët Hennessy Louis Vuitton said profits took a hit in the first half as...
LVMH’s Revenue Drops Amid a Slowdown Across the Luxury Sector: Report
Robb Report via Yahoo Finance Canada· 2 days agoEven LVMH isn’t immune to the headwinds facing the luxury industry. Bernard Arnault’s conglomerate...
LVMH Growth Slows as China’s Slump Weighs on Luxury Spending
Bloomberg· 3 days agoLVMH sales growth slowed last quarter as wealthy shoppers reined in spending on pricey Louis Vuitton...
LVMH Shows the Luxury Sector Is in Pain
Bloomberg· 2 days agoEven the world’s industry leader has taken a hit, underlining what’s becoming the biggest bling bust in a decade.
LVMH Revenue Slip Signals Continued Gloom for Luxury
The Business of Fashion· 3 days agoLVMH’s revenue slipped for the second consecutive quarter amid a market slowdown for luxury goods that even the sector’s leading conglomerate is...
LVMH to intensify audits and controls at suppliers, says CFO
Reuters via Yahoo Finance Canada· 3 days agoLVMH plans to speed up its supply chain strategy and strengthen audits and controls, chief financial...
LVMH’s Mr. Olympics on Why Luxury and Sports Make Good Bedfellows
WWD· 3 days agoPARIS — Since LVMH Moët Hennessy Louis Vuitton announced a year ago that it had signed on as premium...