LVMH reported weak Q1 sales. The reason for the decline is twofold. The luxury market has faced a continued downturn, seen especially strongly in China and the US. More concerningly, LVMH's market ...

LVMH's US CEO, Anish Melwani, said he thinks the term "quiet luxury" may be in the past. "I think, hopefully, we're past the term quiet luxury, that was getting pretty annoying," Melwani said.

LVMH's wine and spirits division saw its first quarter sales decline last month, due to weak demand for Cognac in both the US and China.. The Hennessy brand owner said the division’s revenue ...

European governments urgently need to ease tensions with the United States over President Donald Trump's tariffs, LVMH CEO Bernard Arnault said on Thursday, adding it would be "Brussels' fault" if ...

Hermes has surpassed LVMH as Europe's largest luxury company by market capitalization, fueled by disappointing first-quarter revenue for LVMH due to weakened sales in the U.S. and China. Investors ...

LVMH just delivered a blow to investors in first quarter, reporting a 3% organic revenue decline, including a 5% drop in its largest fashion and leather goods segment.

LVMH, led by Bernard Arnault, lost its title as the world's most valuable luxury company to Hermes after its market capitalization slipped due to a sales miss.

It’s no secret that attracting and keeping retail talent is becoming ever more difficult. To tackle this challenge, luxury giant LVMH’s North American division has taken its recruiting efforts ...

LVMH has no plans to relocate the luxury conglomerate, said Bernard Arnault, its billionaire chief executive officer, after remarks he made critical of France drew a backlash at home.

Grupo Santander downgraded LVMH (LVMUY) to Neutral from Outperform with a EUR 686 price target Published first on TheFly – the ultimate source for real-time, market-moving breaking financial ...

LVMH has already sold the streetwear fashion brand Off-White recently, as well as its stake in Cruise Line Holdings amid dampened global demand for luxury goods and falling Chinese sales.

French luxury conglomerate LVMH is denying reports that it is responsible for deteriorating and rusting Olympic medals that were handed out to athletes during the Summer Games in Paris last year ...