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Hermes: LVMH, whose high-end brands include Louis Vuitton and Dior, jewellery brand Tiffany & Co. and beauty chain Sephora, ...
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.
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 ...
LVMH briefly lost its position on Tuesday as Europe's largest luxury company in terms of market capitalization after being overtaken by rival Hermes on investor pessimism after disappointing ...
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.
The day reflected the ongoing push-and-pull between hopes for tariff relief and the tangible economic impacts of existing trade tensions.
(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 ...
The 2 percent decline had a dampening effect on other European luxury players, who saw their shares ease in early trading.
We now expect 2025 to be another depressed year for the brand.
Kering’s pricing power is strong, resulting in gross margins at the higher end of the peer range (mid-70% reported and in the 80% range, channel-adjusted). Absolute pricing of Gucci’s handbags is in ...
In 2025, the luxury market faces headwinds unlike any seen since the Great Recession or Covid due to the threat of tariffs to ...