LVMH: Good results for LVMH in the first half of the year despite …
Jul 23, 2024 · LVMH, the world’s leading high-quality products group, reported revenue of €41.7 billion and profit from recurring operations of €10.7 billion in the first half of 2024. The Group achieved...
Good results for LVMH in the first half of the year despite the ...
Jul 23, 2024 · LVMH Moët Hennessy Louis Vuitton, the world’s leading high-quality products group, recorded revenue of €41.7 billion in the first half of 2024. Growth continued over the period (2% organic growth) despite a geopolitical and economic environment that remained uncertain.
LVMH shows good resilience in the current context - LVMH
5 days ago · The announcement of LVMH’s 10-year global partnership with Formula 1 was a major highlight, in which several of LVMH’s iconic Maisons – in particular L ouis Vuitton, Moët Hennessy and TAG Heuer – will be involved starting in 2025.
LVMH sales fall 3% as China demand for luxury goods worsens
4 days ago · PARIS (Reuters) -French luxury giant LVMH reported a 3% fall in third-quarter sales on Tuesday, undershooting estimates in its first decline in quarterly sales since the pandemic as demand in ...
LVMH shares hit as slowdown prompts fears of end to ‘roaring …
Oct 11, 2023 · LVMH shares fell 7 per cent on Wednesday after the luxury conglomerate reported slowing sales growth, signalling an end to the sector’s post-pandemic boom following several record years.
LVMH Breaks Into World Top 10 as Market Value Nears $500 Billion
Apr 13, 2023 · LVMH, Europe’s largest company by market value, has now made it to the world’s top 10. A first-quarter sales beat sparked a 5% increase in the share price Thursday, giving the luxury ...
Luxury giant LVMH experiences unprecedented drop in sales - Le Monde.fr
3 days ago · Louis Vuitton, Dior and Céline are key brands, generating almost half of LVMH's global sales, accounting for €86.2 billion in 2023, and three-quarters of its operating income.
LVMH’s growth weighed down by softening China luxury demand
Apr 17, 2024 · LVMH reported its weakest quarterly sales growth since the pandemic recovery supercharged luxury revenues at the start of 2021, as Chinese demand subsided and champagne sales fell.
LVMH Plunges as China Luxury Spending Slowdown Worsens
4 days ago · LVMH shares plunged after sales of fashion and leather goods fell for the first time since the pandemic, revealing the scale of the slump in demand from once insatiable Chinese consumers.
LVMH results prompt $70 bln buying spree in luxury shares
PARIS, Jan 26 (Reuters) - Investors dived back into top luxury shares on Friday, adding some $70 billion to their market value as LVMH's (LVMH.PA) latest sales figures reassured investors...