LVMH CFO Cécile Cabanis, during the company's Q1 2025 earnings call, said Amazon's presence is hitting Sephora's momentum online because of its "aggressive" pricing strategy. LVMH reported ...

Amazon has been an investor in Saks Global, Saks Fifth Avenue’s parent company, since December, when Saks Global purchased ...

Amazon.com Inc.‘s AMZN aggressive pricing tactics are putting pressure on Sephora’s e-commerce performance in the U.S., LVMH Moët Hennessy Louis Vuitton LVMHF CFO Cecile Cabanis revealed ...

LVMH's first-quarter revenue undershot expectations, as shoppers in the United States pulled back on beauty products and drinks while sales in China stayed weak, the world's largest luxury group said ...

LVMH U.S. CEO Anish Melwani expressed relief over the decline of the "quiet luxury" trend, arguing that while understated elegance has long existed within LVMH brands, the trend limited consumer ...

LVMH's US CEO, Anish Melwani, said he thinks the term "quiet luxury" may be in the past. "I think, hopefully, we're past the term quiet luxury, that was getting pretty annoying," Melwani said ...

Bernard Arnault also told the annual shareholders meeting that LVMH will focus on growth at ... 6:16 PM UTC · Updated ago Disruptedcategory Amazon's robotaxi unit Zoox agrees to software recall ...

LVMH's New York-listed depositary receipts fell ... "The U.S. deceleration was essentially driven by Sephora," Cabanis said, adding that Amazon.com was "very aggressive" on prices.