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LVMH SALES IN CHINA
European stocks climb as LVMH boosts luxury sectorEuropean stocks climbed on Wednesday as upbeat results from France's LVMH sparked a rally in luxury groups and quelled concerns that slowin...
A luxury experience in China: Global high-end brands bet on conceptual stores to revive salesLouis Vuitton has opened a ship-shaped store in Shanghai. It aims to boost sales amid a luxury spending slowdown in China. Brands are focus...
L'Oreal third quarter sales disappoint as China spends less on beautyL'Oreal reported a weaker-than-expected rise in third-quarter sales, impacted by reduced consumer confidence in China. Sales in North Asia ...
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...
Bernard Arnault wins big on China stimulus with $17 billion wealth surgeBernard Arnault, who faced a significant wealth drop this year, saw his fortune rise by $17 billion to $201 billion after China announced s...
LVMH becomes first European company to exceed $500-billion market valueThe achievement comes less than two weeks after LVMH joined the ranks of the world's 10 biggest companies, powered by a surge in first-quar...
Luxury sector eyes reopening of ChinaThe world's largest luxury group LVMH posted a 23-percent jump in sales to a record of 79 billion euros ($86 billion) in 2022 and saw profi...
Strong results boost European shares ahead of Fed meeting; LVMH slidesFrance's CAC 40 index fell 0.1% as LVMH lost 2.0%. LVMH struck a cautious note on the pace of recovery in the key Chinese market after lock...
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...
LVMH has a plan to change Tiffany: New luxe watches, silver jewellery, some sparkleTiffany's products range from $150 silver pendants to exquisite diamond necklaces.
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.
Tiffany beats profit estimates on soaring China demandTiffany and LVMH ended a bitter legal battle last month and agreed to a new deal that would see the French firm buy out the U.S. jeweler at...
Arnault overtakes Buffett to become world's third-richestArnault’s 2018 gains rival those of Amazon.com founder Jeff Bezos, the world’s richest person.
Luxury stocks sparkle in tepid European trading as US-China trade talks loomBritain's FTSE 100 jumped 0.9 per cent thanks to a weaker pound boosting London-listed multinational exporters.
LVMH says China stock market collapse affected Q3 salesLVMH became the first major luxury goods provider to say that the stock market collapse in China over the summer had affected sales.
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.
- Champagne corks popping again in luxury business
Champagne corks are popping again in the luxury business as "It" bags and expensive watches this year sell like hotcakes from Beijing to Ne...