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LVMH lost its position on Tuesday as Europe's largest luxury company in terms of market capitalization after being overtaken ...
LVMH's first-quarter revenue undershot expectations, as shoppers in the United States pulled back on beauty products and ...
Some people want to do a bit like Hermès, but it doesn’t work out at the end of the day,” Hermès executive chair Axel Dumas ...
LVMH shares fell sharply in Paris on Tuesday after the French luxury conglomerate reported a slide in first-quarter results.
LVMH, led by Bernard Arnault, lost its title as the world's most valuable luxury company to Hermes after its market ...
PARIS] LVMH sales fell more than expected in the first quarter, weighed down by weak demand for luxury goods in China and the ...
LVMH CFO Cecile Cabanis said "aspirational clientele is always more vulnerable in less positive economic cycles." ...
The 2 percent decline had a dampening effect on other European luxury players, who saw their shares ease on Tuesday.
PARIS] Hermes’ market capitalisation surpassed that of rival LVMH, the conglomerate which tried to buy the maker of the ...
On Monday, LVMH reported a 3% decline in first-quarter sales - well below analyst expectations for 2% growth - which gave a first sign that luxury companies could face another tough year following ...
PARIS >> LVMH, the world’s largest luxury group, said today sales fell 3% over the first quarter, missing expectations and ...
Hermes' market capitalisation surpassed that of rival LVMH, the conglomerate which tried to buy the maker of the coveted ...
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