Shares in LVMH fell in early Frankfurt trading on Wednesday, as sales growth posted by the luxury goods group failed to ...
Bernard Arnault lost a spot in the billionaire rankings after LVMH Moet Hennessy posted results that weren't as strong as some luxury-goods rivals.
The updates pointed to a possible bottom of the recession in the luxury sector, which has been struggling with falling demand. In addition, a strong rebound in the U.S. was viewed as a potential ...
Over in Paris, LVMH slumped 5.1%. The Paris-based luxury goods firm late Tuesday reported net income of EUR12.6 billion, down 17% from EUR15.2 billion a year prior, as revenue fell 1.7% to EUR84.7 ...
The Chinese New Year is reportedly off to a strong start based on early rail traffic reports, air travel data, and lodging occupancy rates. The celebration to welcome the Year of the Snake will run ...
US stocks staged a recovery rally on Tuesday, hot on the heels of Monday’s sell off. Nvidia jumped by 8%, after dropping nearly 17% on Monday. This suggests that the bargain hunters are in town, ...
Trump Media & Technology Group (NASDAQ: DJT) (TMTG) announced Wednesday that it is expanding into financial services, including investment products. Shares of the ...
The Louis Vuitton- and Dior-owner reported higher-than-expected quarterly revenue of $25.11 billion, up 1% year-over-year, ...
Shares of Interroll Holding AG (SIX: INRN) fell by 2.3% as the company's second-half preliminary results revealed orders and sales below consensus expectations. T ...