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LVMHF / Luxury retail sees record year, 'We're starting to see it get better,' says former LVMH executive
LVMHF News
By Barrons
October 13, 2023
Musk's Lead Atop World's Rich List Widens as Economic Woes Impact LVMH's Arnault
A tumble in LVMH stock this week has reduced the wealth of Bernard Arnault, who controls the luxury giant. Jeff Bezos could soon overtake him. more_horizontal
By Yahoo Finance
October 11, 2023
LVMH sales growth slows amid US, China uncertainty
Shares of LVMH (MC.PA) fell to its lowest level of the year as third-quarter sales grew 9% year-over-year, down from 17% in the second-quarter. The lu more_horizontal
By Invezz
October 11, 2023
JPMorgan analyst sees upside in LVMH shares despite sales miss
LVMH Moet Hennessy Louis Vuitton SE (EPA: MC) printed a year-to-date low this morning after reporting a sequential decline in its quarterly sales. more_horizontal
By PYMNTS
October 11, 2023
Inflation Keeps Aspirational Shoppers Deflated, LVMH Observes
The state of the aspirational shopper has remained the same since the last quarter, according to LVMH. As a refresher of the unchanged shopper, in more_horizontal
By CNN Business
October 11, 2023
LVMH shares plunge after luxury giant reveals sharp slowdown in sales growth
Shares of LVMH fell as much as 8% Wednesday after the luxury goods conglomerate said revenue growth in the third quarter was much slower than in the f more_horizontal
By CNBC
October 11, 2023
LVMH shares fall to 2023 low as growth slows, pulling luxury sector down
The world's largest luxury firm, seen as a bellweather for the industry, posted nine-month and third quarter results. more_horizontal
By Forbes
October 11, 2023
LVMH Shares Drop On Slower Growth, Wiping $6 Billion From Bernard Arnault's Fortune
LVMH reported a major slump in growth in its third-quarter results amid weakening demand for luxury goods. more_horizontal
By Market Watch
October 11, 2023
LVMH shares slump on sales miss, sending rival luxury-goods makers lower
Shares in LVMH Moet Hennessy Louis Vuitton fell on Wednesday after the luxury goods seller posted underwhelming financial results that signaled the en more_horizontal