French luxury goods giant LVMH is replacing its longtime wine and spirits division head Philippe Schaus with Laurent Boillot, ...
The head of LVMH’s wines and spirits division is set to leave as the world’s largest luxury company wrestles with a slump in ...
I think it would be a mistake,” said LVMH CFO Jean-Jacques Guiony during the company's earnings call this week.
With LVMH facing a luxury market slump, the stock is now stabilized. See more on LVMUY stock and the potential impact of ...
Agache, the holding company of LVMH founder and Chief Executive Bernard Arnault’s family, is in exclusive talks to buy a ...
Guiony said the company shouldn’t offer “affordable product” because “the offer in luxury has been the key strength over the ...
LVMH's commentary on demand in China was a warning for luxury brands, which have relied on Chinese consumers to drive growth ...
LVMH ( OTCPK:LVMHF) reported organic revenue fell 3% year-over-year in FQ3 to miss the consensus estimate for a gain of 1%.
French luxury giant LVMH reported a 3% fall in third-quarter sales on Tuesday, undershooting estimates in its first decline ...
LVMH reported a 3% decline in sales in its latest quarter, driven by decreased demand from Chinese consumers.
LVMH is expecting to pay as much as €800 million ($870 million) in additional taxes next year after France announced plans to ...
LVMH posted a year-over-year sales decline in the third quarter, showing the continuing pressure on the luxury sector from ...