French Luxury group LVMH is to deepen its partnership with Alibaba to leverage the firm's cloud and artificial intelligence capacities and boost its presence in China, it said on Wednesday.
LVMH experienced its first year-over-year revenue decline since Covid, with currency headwinds offsetting organic growth in Q1-24. The company's revenue slowdown in Q1-24 raises questions about whethe
Luxury goods corporation LVMH Moët Hennessy is expanding into real estate, transforming underdeveloped areas into luxury destinations. Investing in high-quality real estate can yield substantial retu
It is earnings season currently, and companies across the board are showing results dampened by the fact that inflation is still stickier in the US, with the prospect of interest rate cuts receding fu
In June 2023, it was confirmed that luxury conglomerate LVMH would become a premium sponsor of the Paris Olympic Games of 2024, a status it paid nearly $160 million to obtain. While it may have come t
Luxury brands are all-in with artificial intelligence technology (AI) and the ways it will revolutionize business. While luxury brands by and large dragged their feet in the e-commerce digital revolut

LVMH 2023 Dividend

10:11am, Thursday, 18'th Apr 2024
Paris, Thursday, April 18th, 2024 At the Annual Shareholders' Meeting of LVMH Moët Hennessy Louis Vuitton held on Thursday, April 18th, 2024, approval was given for the payment of a dividend for fina

Two more Arnault heirs join LVMH board

06:21am, Thursday, 18'th Apr 2024
Two of LVMH Chairman and CEO Bernard Arnault's sons and heirs were named to the board of the luxury goods conglomerate on Thursday, reinforcing the family's hold on the sprawling empire which spans fa
Diageo can take little comfort from LVMH's trading update, according to brokers at UBS. "Overall, we think the topline results are a negative read-across for the European Spirits stocks," said the Swi

LVMH weathers luxury slowdown

08:06am, Wednesday, 17'th Apr 2024
CNBC's Melissa Lee reports on the latest news.
Chinese tourists saved the day for Louis Vuitton Moet Hennessy (EPA:MC), analysts said, noting that 10% growth in the quarter was driven by very strong growth in offshore purchases in Japan and Europ
Shares in Louis Vuitton Moet Hennessy (LVMH) strutted higher as the European luxury group reported a soft start to 2024, let down by jewellery, spirits and champagne, though not as bad a quarter as
Javier Gonzalez Lastra, Investment Partner and Portfolio Manager at Tema Luxury ETF, discusses earnings from LVMH.
LVMH Moet Hennessy Louis Vuitton shares increased 3% on Wednesday after the company posted an increase in its organic revenues in the face of a slowdown in demand for sparkling wine and jewelry that h
Luxury group LVMH saw a slowdown in sales at the start of the year, as wealthy consumers reined in spending on pricey Louis Vuitton handbags and Hennessy Cognac. The pace of growth was the slowest f
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