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European Luxury Stocks Drop

The Wall Street Journal on MSN · 9h

European Luxury Stocks Drop After LVMH Tempers Enthusiasm for Sector Rebound

Shares slumped on industry bellwether LVMH failing to meet the bar set by rivals in recent weeks, denting hopes of a recovery in the sector.

Investopedia on MSN · 5h

LVMH Stock Drops as Results Raise Questions on Luxury Turnaround

KEY TAKEAWAYS Luxury giant LVMH eked a small gain in 2024 sales, underwhelming investors following buoyant results from rivals that signaled a turnaround for the sector.Sales last year marked a 1% organic gain over the previous year and a 2% drop reported.

Business Insider · 10h

CAC 40 Drifts Lower As Luxury Stocks Drop After LVMH Reports Drop In Earnings

French stocks are down in negative territory Wednesday morning, weighed down by losses in the luxury sector as industry major LVMH's

Euronews (English) on MSN · 13h

LVMH earnings highlight uneven recovery in the luxury goods sector

LVMH posted subdued quarterly results due to continued weakness in the fashion and leather goods segment. The results slightly exceeded analysts' estimates for overall performance. View on euronews

3hon MSN

Forget the Great Wealth Transfer—Boomers and Gen X are saving the luxury market with fancy hotel stays and shopping sprees

After years in the doldrums, the luxury sector seems to be showing green shoots—Bank of America has found wealthy Gen Xers ...

7h

Can luxury stocks sustain growth amid economic headwinds?

Luxury stocks face volatility despite LVMH’s 1% sales rise. Kering and Hermes saw share declines, while Richemont and ...

Luxury stocks rally after Richemont sales boom – is there hope for the sector?

Cartier owner Richemont’s robust results have boosted sentiment about luxury stocks – but are investors getting carried away?

6d

Is Luxury Still Worth It? Luxury Brands Try To Justify High Prices

Luxury, once deemed immune to market shifts, faces a reality check post-Covid. Surging prices spark consumer doubts on social ...

13d

European Luxury Stocks Rise After Cartier Owner Richemont Beats Expectations

Shares in European luxury companies rose after the Swiss luxury group reported sales that surpassed analysts’ projections, ...

8d

China enters 'new normal' for luxury market with flat sales expected in 2025, report says

China's luxury market declined by 18% to 20% in 2024, marking the end of a period of "exponential growth", with sales ...

1don MSN

LVMH reports muted sales amid hope that the luxury downturn might finally be ending

I’m not going to report record revenue, but it was nonetheless a robust year," CEO Bernard Arnault said during the earnings ...

11hon MSN

Shares in luxury giant LVMH trade lower as sales growth disappoints

Luxury stocks trade lower after giant LVMH shows improvement in sales, but nevertheless left analysts underwhelmed.

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