LVMH reported 3Q2024 ended down 3%, with Asia off 16% and Fashion & Leather Goods down 5%. LVMH called it a cyclical downturn ...

Pakistan's large-scale manufacturing sector saw a 4.68% growth in August 2024, driven by strong performances in apparel, ...

The Citizen's "Made in Auburn" series continues with Auburn Leathercrafters, which has been making pet products and other ...

LVMH chairman Bernard Arnault briefly claimed the title of richest man in the world in May, according to the Bloomberg ...

The world’s largest luxury group saw its shares tumble as much as 7.5% Wednesday morning to a two-year low before ticking ...

Faced with a depressed luxury goods market, the sector's global leader has published a fall in revenue for the first time ...

LVMH reported a 3% decline in third-quarter sales. This is the first decline in quarterly sales since the pandemic. The drop in demand from China and Japan contributed significantly to this decrease.

We believe that a portfolio of strong leading brands in several luxury niches grants LVMH Moet Hennessy Louis Vuitton a wide moat and should allow it to generate economic profits well into the future.

“Most of our markets currently face economic challenges including mainland China,” LVMH chief financial officer Jean-Jacques Guiony said during the quarterly presentation, adding that “consumer ...

Shares in luxury giant LVMH (EPA: LVMH) slumped on Wednesday after the Louis Vuitton owner posted a surprise drop in ...

Business slumps happen all the time, but what's troubling about this is that the slide in fashion and leather goods was LVMH's first since the coronavirus pandemic. Compounding that, analysts tracking ...

The French group, where actress Zendaya is a global ambassador (pictured) - posted a 3% drop in sales for the three months to September.