Shares in LVMH fell in early Frankfurt trading on Wednesday, as sales growth posted by the luxury goods group failed to impress investors, following a string of strong results from rivals and recent price gains.
Luxury giant LVMH eked a small gain in 2024 sales, underwhelming investors following buoyant results from rivals that signalled a turnaround for the sector
LVMH has made a good start to 2025, CEO Bernard Arnault said on Tuesday, after the luxury conglomerate posted a slight rise in fourth-quarter sales, though analysts cautioned it may still fall short of heightened market expectations after recent share gains.
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.
The "Magnificent 7" are set to dominate earnings focus in the coming week, as five of these tech giants are due to report, though there are still a number of other big names releasing results. Tesla (TSLA),
Bernard Arnault, the mastermind behind the LVMH conglomerate, which includes luxury brands such as Louis Vuitton and Sephora, graduated with a Bachelor of Arts and Science degree from École Polytechnique in Paris.
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The family of the owner of French luxury giant LVMH, has been in talks since late last year with rugby team Stade Francais to share its Jean-Bouin stadium in western Paris to replace Paris FC's ...
But, as part of LVMH Watch Week 2025, Zenith has revealed two watches that call on far more contemporary inspirations and trends. The first is the Chronomaster Sport Rainbow, a watch that builds on recent hits across the industry - including within Zenith ...
A pullback in the Danish drug maker's shares had meant it recently ceded that title to French luxury conglomerate LVMH. As of the close of Friday trading in Europe, here are the top five ...