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LVMH SALES
Global Market: European shares rise as lower oil prices lift sentiment; tech stocks slideEuropean markets saw an uptick, driven by declining oil prices that buoyed sentiment across numerous sectors. However, the technology indus...- LVMH's weak China sales raise fresh concerns over global luxury market recoveryLVMH's quarterly report indicated a 5% decline in fashion and leather goods sales due to weak demand. The company's overall organic sales g...
- Ahead of Market: 10 things that will decide stock market action on TuesdayIndian benchmark indices reversed early gains on Monday, with the Sensex falling 548 points and the Nifty closing below 22,400 amid persist...
- FMCG majors in race for big bite of snacks brand FarmleyMultiple FMCG companies are expressing interest in acquiring stakes in the healthy snacking brand Farmley. A group of early investors with ...
- Louis Vuitton goes sheer and fluid for a hotter worldNicolas Ghesquiere showcased a spring/summer 2027 collection that highlights the impact of climate change on fashion. The collection featur...
- US luxury spending falls for third month as wealthy shoppers turn cautious ahead of midtermsUS credit card spending on luxury brands fell by 6% from a year earlier in September. This marked the third consecutive monthly decline lea...
- Armani open to more than one investor for sale of 15% stake, CEO saysArmani is open to selling a 15% stake in the company, as stipulated by founder Giorgio Armani's will. CEO Giuseppe Marsocci indicated that ...
- American billionaire wanted to die broke. So he secretly donated his entire wealth of $8 billion and officially died broke in 2023Chuck Feeney built a multibillion-dollar fortune through the duty-free shopping business, but he had a very different plan for his wealth. ...
- Rihanna launched Fenty Beauty in 2017 with an estimated 50% stake; 4 years later, Forbes valued the cosmetics company at $2.8 billionRihanna’s Fenty Beauty journey therefore represents more than a remarkable celebrity wealth milestone. It is a case study in how ownership,...
- LVMH signed a secret 2002 pact to buy Hermes heir's shares. Now he says his fortune is missingLuxury giant LVMH signed a secret 2002 agreement to buy Hermes shares from Nicolas Puech. The company also paid his wealth manager over twe...
- Bernard Arnault falls out of top 10 richest people as US tech billionaires dominate global rankingsBernard Arnault has fallen out of the world’s top 10 richest people for the first time since 2017, with his fortune dropping $65 billion th...
- Behind Sugar Cosmetics down round: valuation to crash 80% in A91 bailoutSugar Cosmetics is raising fresh capital from existing investor A91 Partners at a valuation more than 80% below its peak. The funding comes...
- Warburg set to buy Seacod-maker Universal NutriScience for Rs 2800 croreWill be 4th acquisition for the US private equity giant in India’s healthsector in four months. Kedaara to make 5x rupee returns on exit.
- Ralph Lauren shares jump 7% as shoppers in Asia, North America drive revenue beatRalph Lauren's first-quarter financial performance surpassed expectations, showcasing a robust demand driven by younger consumers across va...
- LVMH sales rise as US luxury demand offsets Europe slowdown, Iran War impactLuxury giant LVMH saw quarterly sales increase, boosted by strong United States demand. This growth helped offset weaker spending in Europe...
- Louis Vuitton, Dior owner LVMH flags sales impact of Iran war in blow to hopes for luxury revivalFrench luxury giant LVMH reported a significant hit from the Middle Eastern conflict. Sales in the Gulf region saw a sharp decline. Wealthy...
- LVMH shares up 7% after reassuring Q4, lifts luxury peersShares in LVMH were up by around 7% in early Paris trade on Friday following the French luxury giant's latest quarterly report, lifting pee...
- LVMH promotes Arnault scion to lead Tiffany after $16 bn deal; ready to give jewellery brand a makeoverAlexandre Arnault will be executive vice president at Tiffany.
- LVMH fashion and leather sales growth slows in Q3The unit, the biggest profit and revenue contributor at LVMH, had surprised the market with forecast-beating 10 percent sales growth in the...
- 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.
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