LVMH’s CEO Bernard Arnault Does Not Deny DFS Sale As Stock Slides
French luxury conglomerate LVMH saw its stock slide by more than 6% following the Tuesday evening reveal of its 2024 annual ...
Is Luxury Still Worth It? Luxury Brands Try To Justify High Prices
Luxury, once deemed immune to market shifts, faces a reality check post-Covid. Surging prices spark consumer doubts on social ...
Luxury Spending May Be on the Rise This Year, Thanks to Vacation Shopping: Report
Luxury spending may return to growth in 2025, according to a new report from the Bank of America Institute that credits ...
Shares of LVMH drop 5% as full-year results throw doubt on broad luxury recovery
LVMH shares dropped as slightly better-than-expected full-year results from the world’s largest luxury company threw doubt ...
Maxuria Announces Global Marketplace Connecting China’s $60 Billion Pre-Owned Luxury Market with International Buyers
SAN FRANCISCO, CA / ACCESS Newswire / /Maxuria, a Bay Area-based innovative online marketplace specializing in pre-owned ...
Ferragamo's sales down 4% in fourth quarter, sees "encouraging results"
Italian luxury goods group Salvatore Ferragamo said on Thursday its revenue dropped by 4% at constant currencies in the fourth quarter, flagging "encouraging results" from its direct-to-consumer sales ...
Have Luxury Goods Caught Your Eye? Here's What a Financial Advisor Thinks About This Investment
The ultra-wealthy spend a lot of money on luxury goods because they’re hard not to love. But are rare whiskey, designer handbags, and other expensive items also good investments? High-end watches and ...
LVMH earnings highlight uneven recovery in the luxury goods sector
LVMH posted subdued quarterly results due to continued weakness in the fashion and leather goods segment. The results ...
Louis Vuitton Parent LVMH’s Revenue Beat Offers Hope for Luxury Sector
The core fashion and leather goods business—which houses Louis Vuitton and Dior—recorded revenue of €11.14 billion for the ...