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$106.75
-3.73 (-3.38%)
At Close: Jun 03, 2026
Estée Lauder (EL) stock is sinking Thursday after the beauty company withdrew its 2025 guidance and slashed its quarterly dividend by 47%. The dramatic move comes amid leadership changes and ongoing
French luxury company, Hermès, has managed to achieve the ultimate goal of luxury: keep demand high and supply low. In its Q3 2024 earnings, the company posted double digit sales and revenue growth o
The company's valuations are cheap, but it has a powerful and high-profile product lineup.
LVMH announces the launch of “LVMH Shares”, an international employee shareholding plan aimed at 70% of its global workforce. It will be deployed in 11 locations and regions in Europe, North Ameri
LVMH faces short-term volatility and challenges, but the long-term investment thesis remains strong, driven by brand preservation and strategic management. Despite a weak Q3, particularly in the leath
LVMH founder and CEO Beranrd Arnault has seen his net worth take a hit this year as the luxury goods conglomerate's stock suffers amid weakened sales.
Swetha Ramachandran, global equities fund manager at Artemis Fund Managers, discusses current consumer trends in China, and explains why luxury goods companies are seeing a slump in sales.
The comments come as the French luxury brand saw a 3% sales decline this quarter.
ASML and LVMH were both tumbling on Wednesday. It's all about China.
It has been an unfortunate day for the European megacaps, with global luxury giant LVMH sliding nearly 5% in response to a wholly underwhelming nine-month trading update. Sales across LVMH's wines and
LVMH reported a 3% decline in sales in its most recent quarter. The drop is driven by decreased demand from Chinese consumers, affecting luxury sales.

LVMH stock falls on slumping luxury sales in China

04:43am, Wednesday, 16'th Oct 2024
LVMH Moët Hennessy Louis Vuitton said a slowdown in Chinese spending had hit its third quarter sales
Europe's answer to the Magnificent Seven is leaving much to be desired after two of the Continent's biggest companies, ASML Holding and LVMH Moet Hennessy, disappointed investors.

China Slump Hurts LVMH as Sales in Region Fall 16%

02:01am, Wednesday, 16'th Oct 2024
LVMH's sales of fashion and leather goods fell for the first time since the pandemic as the industry's biggest player was hammered by a slump in demand from Chinese consumers whose appetite for high-e
LVMH saw quarterly sales dip amid an “uncertain economic and geopolitical environment.” The luxury retail giant reported third-quarter earnings that showed a 3% drop in revenues — to 19.1 billio
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