LVMH shares dropped as slightly better-than-expected full-year results from the world’s largest luxury company threw doubt over a broader sector recovery.

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

LVMH’s sales of fashion and leather goods declined in the fourth quarter, casting doubt on the prospects for a quick recovery in luxury demand.

These are the stories making headlines in fashion on Thursday. Ayo Edebiri covers W. For W Magazine's Volume 2, The Directors ...

CFRUY), the owner of Cartier. The results seemed to indicate a long-awaited recovery in the luxury sector, and sector stocks broadly gained on the news. As of 1:07 p.m. ET, LVMH stock was up 9.8% ...

Bernard Arnault is outpacing Elon Musk and Mark Zuckerberg in wealth gain this year after signs of a rebound in luxury demand boosted LVMH stock.

The world’s largest luxury company LVMH on Tuesday reported better-than-expected full-year sales, in the strongest sign yet of a potential turnaround in the high-end sector.

Along with boosting Richemont’s shares by 18%, the reports spread cheer across the luxury sector as top conglomerate LVMH gained as much as nearly 9% and Hermès International increased by 6%.

Investors have been looking for further confirmation of a recovery in the luxury sector after Cartier owner Richemont reported its "highest ever" quarterly sales. Shares of LVMH retreated on ...