LVMH Chief Executive Bernard Arnault said Thursday that while the luxury group had a strong start to 2025, conditions worsened from March due to economic turbulence tied to global tariffs.During his speech at LVMH's annual shareholders meeting in Paris, Arnault noted that the company will now...
Stock prices of French luxury powerhouse Moet Hennessy Louis Vuitton (LVMH) dropped 8% on Tuesday after the luxury industry leader reported an unexpected decrease in sales for the first quarter.In its earnings report released Monday after market closure, the company disclosed a 2% decrease...
French luxury goods company LVMH Moet Hennessy Louis Vuitton revealed on Monday that its revenue in the first quarter amounted to €20.3 billion, declining by 2% compared to the same period a year before.Most profit came from fashion and leather goods, which earned LVMH €10.1 billion. The...
Shares of French luxury goods company LVMH Moet Hennessy Louis Vuitton plummeted by over 5% on Wednesday after the company released disappointing full-year financial results.Namely, LVMH revealed that its net profit in fiscal 2024 sank by 17% to stand at €12.6 billion. Additionally, its...
French luxury goods company LVMH Moet Hennessy Louis Vuitton revealed on Tuesday that it recorded €84.7 billion in revenue for the entire fiscal 2024, marking a 2% slump in comparison to the previous year.Profit from recurring operations went down by 14% to €19.6 billion, while the group...
LVMH Moet Hennessy Louis Vuitton announced on Thursday several appointments its Chairman and Chief Executive Officer (CEO) Bernard Arnault made to the company.Member of the Executive Committee Cecile Cabanis became the new Chief Financial Officer (CFO) effective February 1, 2025. Her...
French luxury goods company LVMH Moet Hennessy Louis Vuitton revealed on Tuesday that its revenue in the third quarter of fiscal 2024 declined by 3% compared to the same period last year, reaching €19.1 billion.LVMH's financial update revealed revenue in the company's largest unit, Fashion &...
LVMH Moet Hennessy Louis Vuitton SE announced on Wednesday in a press release that starting in 2025 it will be Formula One's partner for the next ten years."The unprecedented agreement between the world leader in luxury and the pinnacle of motorsport will launch at the beginning of next season...
LVMH Moet Hennessy Louis Vuitton revealed on Tuesday that its revenue in the first half of the fiscal year 2024 observed an annual decline of 1% to land at €41.7 billion.
Meanwhile, its organic revenue increased by 2% compared to the same period in 2024. Most profit came from fashion and...
Shares of LVMH Moet Hennessy Louis Vuitton advanced by 5% during Wednesday's trading session after the company released its first-quarter financial results.
The luxury goods company revealed that its organic revenue increased by 3% in the first trimester of 2024, while its reported revenue...
This website uses cookies to ensure you get the best experience. Our Terms of Use and Data Protection Policy explain the data we collect, why we collect them, and how we may share them.
