French luxury conglomerate LVMH saw its stock slide by more than 6% following the Tuesday evening reveal of its 2024 annual results.
LVMH’s Q4 earnings show mixed results but resilience in key segments. Learn why LVMHF stock is a buy, with strong long-term growth despite margin pressures.
Following Meta’s layoffs earlier this month, Arnault, the head of the luxury goods conglomerate that controls brands like Louis Vuitton, Fendi, and Sephora, likened Meta CEO Mark Zuckerberg’s move to let go of low-performing workers to layoffs at Tiffany’s.
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PARIS (Reuters) - LVMH has made a good start to 2025, CEO Bernard Arnault said on Tuesday, after the luxury conglomerate posted a slight rise in fourth-quarter sales, though analysts cautioned it may still fall short of heightened market expectations after recent share gains.
Luxury giant LVMH is "seriously considering" bulking up its production capacities in the United States, CEO Bernard Arnault said on Tuesday, praising a "wind of optimism" in the country that contrasted with the "cold shower" of potentially higher corporate taxes in France.
Over two days of schmoozing with executives employed by one of the most powerful groups in the industry, here are the comments that stood out.
"LVMH sees FY24 net profit slide amid economic headwinds " was originally created and published by Retail Insight Network, a GlobalData owned brand.
Las ventas de artículos de moda y de cuero disminuyeron en el cuarto trimestre, lo que pone en duda las perspectivas de una rápida recuperación de la demanda de lujo.
Louis Vuitton has put its name to the season-opening Australian Grand Prix, with parent company LVMH considered to be in a strong position for one of its brands to become the first-ever title
The fashion search platform's Q4 2024 ranking included brands like Miu Miu and The Row. See the full list here.