The announcement will likely renew speculation over succession at the luxury company, which is currently headed by 74-year-old Bernard Arnault, the world’s second-wealthiest...
LVMH shares experienced a notable decline on the CAC 40 today, following a downgrade by UBS from "buy" to "neutral". The luxury goods giant also saw its target price cut from...
European stocks, including the Stoxx 600 benchmark, experienced significant declines on Thursday, nearing the point of wiping out all gains made in 2023 due to disappointing...
ASX futures are pointing to a small lift of 0.08% or 6 points in early trading, perhaps indicating a fifth session of gains for the local bourse. Yesterday, the ASX200 gained...
Investing.com -- Shares in LVMH (EPA:LVMH) slumped on Wednesday after the luxury goods empire unveiled a slowdown in sales in the third quarter. In a statement late on Tuesday, the...
Shares of luxury conglomerate LVMH experienced a 5.9% drop on Wednesday, trading at EUR 690.10 (EUR 1 = $1.05) following the company's Q3 results that revealed a slowdown in sales...
Investing.com - European stock markets traded in a mixed fashion Wednesday, with weakness in LVMH hitting the French market ahead of the release of key U.S. inflation data. At...
On Tuesday, the International Monetary Fund (IMF) presented its World Economic Outlook at the Marrakech meetings, forecasting a moderation in global economic growth to 3.1% in...