Louis Vuitton owner LVMH sales slump on weak China demand, shaking luxury sector
The world’s largest luxury group saw its shares tumble as much as 7.5% Wednesday morning to a two-year low before ticking ...
Shares of Louis Vuitton Owner Drop on Anxiety About Chinese Shoppers
Weak sales in China at LVMH, the owner of Dior, Tiffany and more, sent a shudder through the luxury sector. Shares in LVMH ...
Louis Vuitton Owner LVMH Posts Sales Drop Amid China Weakness
LVMH posted a year-over-year sales decline in the third quarter, showing the continuing pressure on the luxury sector from ...
LVMH’s Fall From Grace in China Rattles Luxury Investors
Eighteen months ago, LVMH shares were trading at a record high and the group’s controlling shareholder, Bernard Arnault, was ...
Luxury stocks slide as LVMH disappoints and Wall Street eyes few signs of stronger China demand despite stimulus
LVMH's commentary on demand in China was a warning for luxury brands, which have relied on Chinese consumers to drive growth ...
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Goodbye Louis Vuitton. China’s Gen Z leans into ‘dupe economy’ as growth prospects stall
Editor’s Note: Sign up for CNN’s Meanwhile in China newsletter, which explores what you need to know about the country’s rise and how it impacts the world. China’s economic slowdown isn ...
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Goodbye Louis Vuitton. China’s Gen Z leans into ‘dupe economy’ as growth prospects stall
China’s growing love for dupes isn’t just a problem for established brands such as Louis Vuitton. Sales at its luxury powerhouse owner, LVMH, dropped 10% in the first six months of this year ...