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LVMH Stock Drops as Results Raise Questions on Luxury TurnaroundLVMH's results follow better-than-expected sales by British trenchcoat maker Burberry (BRBY) and record quarterly sales by Cartier parent Richemont that had raised investor hopes that the luxury ...
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 ...
But recent expectation-beating results from firms including Cartier owner Richemont and Burberry have fuelled hopes the sector is starting the year on firmer ground. While LVMH's results ...
LVMH is seen as a bellwether for the wider luxury ... Luxury shares were buoyed earlier this month when Cartier owner Richemont reported its "highest ever" quarterly sales figure as consumers ...
French luxury conglomerate LVMH is denying reports that it is responsible for deteriorating and rusting Olympic medals that were handed out to athletes during the Summer Games in Paris last year.
RAISED BAR: The strong set of results from Cartier-parent Richemont has heightened expectations around the fourth-quarter luxury reporting season, Deutsche Bank analysts said in a note.
Nicolas Beau has streamlined the horology offerings into three categories: jewelry watches, a classic collection and a group ...
PARIS (Reuters) - LVMH has made a good start to 2025 ... largely buoyed by expectation-beating results from industry peers including Cartier owner Richemont and Burberry. "I think the result ...
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