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LVMH REVENUE DECLINE
The City of Gold starts coming back to life after its darkest hourDubai's economic landscape is tested after regional conflict. Aviation, hotels, and real estate see impacts. Luxury retail also faces press...- A $176 billion reality check for Europe’s luxury brands as Middle East tensions hit shoppersA distant war is impacting global luxury sales. Europe's top luxury firms have lost billions in market value. The Middle East, a key growth...
- European shares rise after Trump touts auto-related tariff break, LVMH slumpsThe auto and parts index rose 2.5%, leading gains among sectors, after U.S. President Donald Trump said he was considering a modification t...
- China's booming grey markets add woes to luxury brandsChina's second-hand and grey luxury markets are expanding due to rising brand prices and economic slowdowns. Platforms like DeWu offer sign...
- European shares slip as Middle East fears, ASML weighASML Holding dropped 3.7% as the semiconductor equipment maker warned of flat sales in 2024, after reporting third-quarter earnings in line...
- European shares fall at open, Sartorius plunges on forecast cutThe focus remains on geopolitics as U.S. Secretary of State Antony Blinken wraps up his trip to China, while China's cabinet met on Friday ...
- European shares drop on hawkish Fed; LVMH shinesThe pan-European STOXX 600 fell 0.8 per cent, on course for its fourth straight weekly decline, with autos and chemical stocks leading loss...
- Reckitt cost warning, China woes drag European shares lowerWorries about tighter regulation of China's heavyweight technology sector fuelled a selloff in global markets this week despite optimism ab...
- Louis Vuitton India FY20 net jumps 57%According to documents recently filed with the registrar of companies (RoC), accessed through business information platform Tofler, LVMH, k...
- European shares nose down on growth worriesThe US Federal Reserve maintained its patient stance on Wednesday citing risks from a cooling global economy.
- After Karl Lagerfeld's death, Silvia Venturini Fendi to head Italian luxury fashion houseLagerfeld joined Fendi in 1965 and set to modernise the fur specialist with new techniques.
- Louis Vuitton’s next generation steps up to Kanye's latest tune; is breaking away from brand's modus operandiAs Bernard Arnault's children expand their influence, LVMH is reshaping the brands it already owns.
- Louis Vuitton India retail profit jumps 50% in FY17Louis Vuitton India is likely to have included business generated through retail stores in the country and sales from its signature Louis V...
- Premji Invest buys 8% of L Capital stake in Fabindia for around Rs 360 croreL Capital, the private equity arm of leading luxury goods conglomerate LVMH is exiting Fabindia Overseas with more than 100% returns in abo...
- Textile major Arvind may take over French cosmetics retailer Sephora owned by LVMHLVMH has been scouting for a new partner and has most likely opted for Arvind Brands & Retail, a unit of Lalbhai's $1-billion Arvind.
- Luxury item prices soar as brands attempt to go upmarketKim Kardashian might as well be naughty this Christmas, because even if she's nice her fiance is unlikely to shell out for a Louis Vuitton ...
- Louis Vuitton counts on lipstick as handbag sales slowWith Vuitton’s sales growth slowing from Barcelona to Beijing, catering to beauty buyers like Le Sassier is getting more important for LVMH.
- Gitanjali Gems up on LVMH plans to pick up stakeThe world’s largest luxury conglomerate, LVMH, through its private equity arm L Capital, is set to acquire a significant minority stake in ...
- LVMH to pick up stake in Gitanjali Gems’ new armLVMH, through its private equity arm L Capital, is set to acquire a significant minority stake in Gitanjali Gems’ proposed subsidiary that ...
- Godiva may get bids from HersheyGodiva chocolate unit may attract bids of as much as $1 billion from Hershey, Wm. Wrigley Jr. to accelerate growth with premium-priced choc...
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