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Luxury giant LVMH has underlined the importance of continuing to invest in brand and not using price as a growth driver as it records a 3% decline in first-quarter sales ... t rule out making ...
LVMH shares tumbled on Tuesday, leading a decline across the luxury sector, after the group’s weak first-quarter sales deepened fears for an industry already braced for the fallout from US Presi ...
LVMH, whose high-end brands include Louis Vuitton and Dior, jewelry brand Tiffany & Co. and beauty chain Sephora, missed expectations for first-quarter sales as US shoppers curbed purchases of ...
PARIS (Reuters) -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 ...
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LVMH’s Subdued Sales Temper Hopes for a Rapid Luxury Rebound(Bloomberg) -- LVMH’s sales of fashion and leather goods declined ... Profit at LVMH slumped, even as the company lowered its overall marketing costs by 5% last year. Recurring operating income ...
Shares of LVMH plunged 7.8% on Tuesday, losing its position as the world's largest luxury firm to rival Hermès after an unexpected decline in first-quarter sales. LVMH reported a 3% year-on-year ...
LVMH, whose high-end brands include Louis Vuitton and Dior, jewellery brand Tiffany & Co. and beauty chain Sephora, missed expectations for first-quarter sales as U.S. shoppers curbed purchases of ...
Shares of LVMH plunged as much as 8% on Tuesday morning, at one point losing its position as world's largest luxury firm to rival Hermès after an unexpected decline in first-quarter sales.
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