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We now expect 2025 to be another depressed year for the brand.
LVMH lost its position on Tuesday as Europe's largest luxury company in terms of market capitalization after being overtaken by rival Hermes due to investor pessimism after disappointing first-quarter ...
Birkin bag maker Hermes International overtook LVMH as the world's most valuable luxury company after a weaker-than-expected sales report from the Louis Vuitton owner sent its stock tumbling.
The owner of Louis Vuitton and Dior lost its position on Tuesday as Europe’s largest luxury company in terms of market capitalization after being overtaken by Hermès.
(Reuters) - European shares edged higher on Tuesday as investors digested fast-changing U.S. tariff plans, while LVMH slumped after disappointing first-quarter revenue from the world's largest luxury ...
European shares rose on Tuesday as investors digested fast-changing US tariff plans, while shares of LVMH slumped after disappointing first-quarter revenue from the world’s largest luxury group ...
Bernard Arnault has no succession plan, and no apparent intention of unveiling one soon. Indeed, the 76-year-old chairman and CEO of LVMH could spend another decade at the helm of the $300 billion ...
LVMH stock tumbles 8% as Q1 sales fall short, dragging luxury peers lower amid geopolitical tensions and economic concerns.
European shares slightly increased as investors reacted to changes in U.S. tariffs. However, LVMH saw a significant drop due to disappointing sales, highlighting trade tensions' impact. Contrarily, ...
Global shares edged higher on Tuesday, boosted by reports that the Trump administration could offer some relief from tariffs for certain industries and a rally in big bank stocks fuelled by positive ...
The day reflected the ongoing push-and-pull between hopes for tariff relief and the tangible economic impacts of existing trade tensions.
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