French luxury giant LVMH reported a 3% fall in third-quarter sales on Tuesday, undershooting estimates in its first decline ...
But the main reason for the slowdown is that Chinese shoppers have pulled back. China has been a huge growth story for luxury ...
This chart illustrates how LVMH reports the diversity of its management and workforce ... It boasts significant annual net profits and revenues. Investopedia requires writers to use primary sources to ...
Sluggish sales especially from China and Japan is suspected to be the culprit. LVMH cited a 14% decline in sales in the ...
Canada Goose is entering into a very difficult winter season as resellers pull back their order books and China growth slows ...
Europe's STOXX 600 settled lower on Wednesday, with tech and luxury stocks hurt by disappointing results from industry ...
In business, his rivals would be the first to admit it. Bernard Arnault, the richest man in France, Europe and sometimes the ...
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PARIS (Reuters) - Shares in LVMH fell on Wednesday, dragging down the broader luxury goods sector, after it missed expectations with a 3% drop in third quarter sales, adding to investor concerns about ...
Kering SA (PPRUY), the owner of brands such as Gucci, Yves Saint Laurent and more, has been struggling recently. See why I ...
“Kim Jones is a highly talented designer who has brought his unique and multicultural vision to Fendi over the past four ...
EUROPE’S Stoxx 600 settled lower on Wednesday, with tech and luxury stocks hurt by disappointing results from industry ...