LVMH’s subdued sales temper hopes for a rapid luxury sector rebound
Profit at LVMH disappointed, even as the company lowered its overall marketing costs by 5% last year. Recurring operating income dropped 14% in 2024 to €19.6 billion, missing estimates. One-time costs had an impact, including charges related to the Paris Olympic Games, Guiony said.
LVMH shares dropped as slightly better-than-expected full-year results from the world’s largest luxury company threw doubt ...
French conglomerate LVMH, traditionally among the last to disclose its financials during the reporting season, has delivered ...
PARIS (Reuters) - LVMH has made a good start to 2025, CEO Bernard Arnault said on Tuesday, after the luxury conglomerate ...
Shares in LVMH came under pressure on Wednesday, after end-of-year results from the luxury goods bellwether failed to sparkle ...
Keen watchers of the global export figures for the Swiss watch industry might conclude that 2024 was a little more ...
Bernard Arnault is outpacing Elon Musk and Mark Zuckerberg in wealth gain this year after signs of a rebound in luxury demand ...
LVMH’s Q4 earnings exceed expectations with 1% organic growth, despite challenges in Asia and a decline in spirits sales.
After a quick pivot away from its original LA venue, LVMH presented nine of its watch brands to press in New York. There, ...
French luxury behemoth LVMH is scheduled to report results for 2024 on Tuesday. Here is what you need to know. SALES FORECAST: The owner of brands Louis Vuitton and Dior is expected to report revenue ...
LVMH’s sales of fashion and leather goods declined in the fourth quarter, casting doubt on the prospects for a quick recovery ...
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