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The world's largest luxury firm, seen as a bellweather for the industry, posted nine-month and third quarter results.
LVMH reported a major slump in growth in its third-quarter results amid weakening demand for luxury goods.
Shares in LVMH Moet Hennessy Louis Vuitton fell on Wednesday after the luxury goods seller posted underwhelming financial results that signaled the end of a post-pandemic boom in demand for Champagne

LVMH loves Birkenstock as IPO kicks off

05:10am, Wednesday, 11'th Oct 2023
LVMH has provided backing for Birkenstock through a private equity firm. The popular sandal maker will make its New York Stock Exchange debut on Wednesday morning at $46 per share.
LVMH, the world's largest luxury group, reported softer sales growth in the third quarter — more evidence the post-pandemic boom in high-end goods is losing steam. Caroline Connan reports on Bloombe
LVMH's sales growth softened in the third quarter as shoppers reined in spending on high-end Cognac and costly handbags, more evidence the post-pandemic luxury boom is waning. Jelena Sokolova, Morning

LVMH Vs. Hermès: Only One Is A Buy Now

11:43am, Tuesday, 10'th Oct 2023
Hermès is viewed, in my opinion, as the superior business due to its longer history, focus on its own brand, and its financial results over the last decade. LVMH is also a high-quality business with
Luxury goods had a good run after the pandemic, lifting stocks like Gucci owner Kering and Burberry Group PLC (LSE:BRBY) as well as helping Bernard Arnault, the founder and boss of Louis Vuitton Moet

Holy Heck, LVMH Is Getting Cheap(Er)

04:23am, Saturday, 07'th Oct 2023
LVMH is a leading luxury conglomerate with a strong portfolio of brands, including Louis Vuitton, Christian Dior, and Sephora. The company has shown strong growth in revenue and profit, with double-di
In the last three months, the market saw a significant decline due to rising rates and economic uncertainty, with luxury stocks taking a major hit. LVMH's heavy reliance on the US and Asian markets, c
As well as being the proxy for the Paris stock market, LVMH is also a pretty good steer for the rest of the luxury branded goods sector. And its third quarter update next week will be closely watched
Many foreign markets are struggling economically, with China's real estate issues weighing on the country's economy and much of Europe still in a recession. Moreover, high U.S. interest rates are hurt
The CEO of luxury conglomerate LVMH reportedly dismissed money laundering allegations against him. The Paris prosecutor's office said it is undertaking a preliminary investigation into financial trans
French billionaire Bernard Arnault, the CEO of luxury conglomerate LVMH Moet Hennessy Louis Vuitton SE, is reportedly under investigation for possible money laundering. The investigation, initiated by
French authorities are looking into billionaire Bernard Arnault's dealings with a Russian businessman.  Nikolai Sarkisov bought properties in 2018 through intermediary companies, but the buyer was Ar
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