LVMH’s better than expected Q4 brings hope that the luxury slump is coming to an end, says GlobalData
Following yesterday’s release of LVMH’s figures for the the year ending 31 December 2024; Louise Deglise-Favre, senior apparel analyst at GlobalData, a ...
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Luxury’s uneven runway: LVMH takes a tumble as rivals soar
French conglomerate LVMH, traditionally among the last to disclose its financials during the reporting season, has delivered ...
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 ...
LVMH shares set for biggest drop in over a year on fading recovery hopes
By Mimosa Spencer and Danilo Masoni PARIS (Reuters) -Shares in LVMH were on track for their largest drop in 14 months on ...
LVMH Drags Down Luxury Shares as Budding Hopes Fade
While LVMH's results "challenge the sector narrative that all luxury companies have seen the acceleration" seen at Richemont ...
LVMH Posts Subdued Sales as Wealthy Shoppers Remain Cautious
LVMH’s sales of fashion and leather goods declined in the fourth quarter, casting doubt on the prospects for a quick recovery ...
Shares of LVMH drop 5% as full-year results throw doubt on broad luxury recovery
LVMH shares dropped as slightly better-than-expected full-year results from the world’s largest luxury company threw doubt ...
LVMH Unlikely to Report Further Performance Deterioration -- Earnings Preview
French luxury behemoth LVMH is scheduled to report results for 2024 on Tuesday. Here is what you need to know. SALES FORECAST: The owner of brands Louis Vuitton and Dior is expected to report revenue ...
The Whole Fashion Industry Restarts From Burberry's Quarterly Report
Burberry's strategic focus on iconic garments and improving international demand are key growth drivers, though profitability ...
Is MyTheresa (MYTE) Positioned to Become a Leading Curated Digital Platform?
Minot Light Capital, an investment management firm, recently released its fourth-quarter 2024 investor letter. A copy of the ...
Minot Light Capital Partners Q4 2024 Shareholder Letter
We ended the quarter with modest leverage as we believe the portfolio has substantial upside potential over the next three ...
European Luxury Stocks Rise on Positive Update From Burberry
Burberry shares soared 15% in opening trade following the update. Luxury bellwether LVMH rose 3%, while French peers Kering and Hermes climbed 9.5% and 2.4%, respectively. Italian high-end brands ...