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Indeed, the 76-year-old chairman and CEO of LVMH (LVMH.PA), opens new tab could spend another decade at the helm of the $300 billion French luxury giant. Shareholders will this week vote on ...
LVMH lost its position on Tuesday as Europe’s largest luxury company in terms of market capitalization after being overtaken by rival Hermès due to investor pessimism after disappointing first ...
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.
After news broke on Monday that LVMH's first-quarter revenue was both down from the same period a year ago and missed the consensus analyst estimate, some analysts adjusted their takes on the stock.
European luxury companies, especially LVMH, face short-term challenges but offer a long-term investment opportunity due to their historical resilience and potential for recovery by H2 2025.
Its total revenue was under the average analyst estimate. On Sunday, LVMH published details of its first-quarter revenue, showing that its total top line for the period was just over 20.3 billion ...
LVMH Moët Hennessy -- Louis Vuitton (OTC: LVMUY) (OTC: LVMHF) was being punished on Tuesday, following Monday's release of a dispiriting quarterly revenue report. In mid-session action, investors ...
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