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.

LVMH dethroned Novo Nordisk on Friday in the same week that Cartier owner Richemont surged on the back of record quarterly results, stoking hopes for a luxury revival. The change in rankings is a ...

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

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.

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.

Nicolas Beau has streamlined the horology offerings into three categories: jewelry watches, a classic collection and a group ...

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%.

ZURICH (Reuters) -Richemont, the owner of Cartier jewellery ... rose 14%. Rivals LVMH and Kering also got a boost, with both up more than 7%. Swatch was up as much as 10%. Bernstein analyst ...

ZURICH, Jan 16 (Reuters) - Richemont (CFR.S), opens new tab, the owner of Cartier jewellery ... but certainly very encouraging," said Cox. LVMH is due to report full-year results on Jan. 28 ...