French luxury conglomerate LVMH saw its stock slide by more than 6% following the Tuesday evening reveal of its 2024 annual ...
Bernard Arnault, the billionaire boss of the world's biggest luxury conglomerate LVMH, has picked a fight with the French government by suggesting that companies could flee France for the United ...
LVMH’s sales of fashion and leather goods declined in the fourth quarter, casting doubt on the prospects for a quick recovery ...
Arnault announced that world-famous jewelers Tiffany & Co will be laying off or “promoting outwards” underperforming workers.
LVMH ended 2024 on a high note. The luxury conglomerate reported better-than-expected full-year sales on Tuesday, generating ...
LVMH CEO Bernard Arnault calls Mark Zuckerberg’s move to lay off low-performing Meta employees a chance for the workers to be ...
The core fashion and leather goods business—which houses Louis Vuitton and Dior—recorded revenue of €11.14 billion for the ...
Consistent sales of Sauvage, alongside Rihanna becoming the new face of J’adore, also supported the brand owner’s performance ...
As the fast fashion industry becomes increasingly pervasive each year, many look for higher quality, more sustainable and more ethical alternatives. This becomes much harder when a brand claiming to ...
The updates pointed to a possible bottom of the recession in the luxury sector, which has been struggling with falling demand. In addition, a strong rebound in the U.S. was viewed as a potential ...
LVMH’s Q4 earnings exceed expectations with 1% organic growth, despite challenges in Asia and a decline in spirits sales.