Louis Vuitton Moët Hennessy (LVMH) is investing 150 million euros ($163 million) in the Paris 2024 Olympic and Paralympic Summer Games. LVMH is leading a wave of luxury fashion entering the sports wo
Black Monday saw significant corrections in various asset classes, including equities, cryptocurrencies, and commodities. Major indices like Nikkei 225 and Kospi experienced significant drops, with Na
As part of today's installment of Good Buy or Goodbye, Thornburg Investment Management portfolio manager Emily Leveille joins Julie Hyman to highlight two of her stock trades: buy IT company Globant (
LVMH's second-largest fashion brand Dior was until last month behind on disclosures required by UK law about working conditions in its supply chain, and made outdated statements on its website of a th
As the world remains glued to the ongoing Olympic Games in Paris, France, several brands are strategically positioning themselves to capitalize on this event's global exposure.
LVMH's sponsorship deal took a year of negotiations and ultimately landed at about $160 million of investment from the parent company of brands like Loewe, TAG Heuer and Dom Perignon. The partnership
LVMH chairman and CEO Bernard Arnault joins 'Squawk Box' to discuss the history of the company, 2024 Paris Olympics, how the premium sponsorship came to be, and more.
LVMH reported expectedly weak interim results yesterday, further confirming the ongoing slowdown in the luxury market. Despite weakness in reported revenues and profits, however, pockets of positivity
The market has been running hot in 2024, with S&P 500 up 13.9% year-to-date. Market experienced its first 2% or more pullback in 356 trading days, yesterday. Investors should be cautious with earnings
The problems continue to pile up for global luxury bellwether LVMH, this time in the wine and spirits division. First-half results show a 9% year-over-year decline in organic liquid sales in the perio
Shares in LVMH fell on Wednesday after the luxury group on Tuesday released its earnings for the first half of 2024.

LVMH shares slump 4% after missing Q2 estimates

03:24am, Wednesday, 24'th Jul 2024
Shares in French luxury giant LVMH dropped more than 4% at the market open on Wednesday after the company reported second-quarter sales growth below consensus estimates.
LVMH Moet Hennessy Louis Vuitton SE (OTCPK:LVMHF) Q2 2024 Earnings Conference Call July 23, 2024 12:00 PM ET Company Participants Rodolphe Ozun - Director of Financial Communications Jean-Jacques Guio
Luxury goods giant LVMH's latest earnings showed resilience with 2% organic growth in the first half of 2024, but the market leader fell short of analyst estimates and last year's revenue amid a slowd
LVMH is a prime example of a high-quality business with heritage brands, family ownership, and a loyal customer base. An industry slowdown and French political turmoil exert valuation pressure on LVMH
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