French luxury conglomerate LVMH saw its stock slide by more than 6% following the Tuesday evening reveal of its 2024 annual results.

As America and China sharpen the knives over a simmering trade war that threatens to engulf the European Union, a famed ...

Profit at LVMH disappointed, even as the company lowered its overall marketing costs by 5 per cent last year. Recurring operating income dropped 14 per cent in 2024 to €19.6 billion (S$27.6 billion), ...

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which includes the Louis Vuitton and Christian Dior brands, slipped 1 percent on an organic basis as wealthy holiday shoppers remained cautious. Overall revenue at LVMH increased only 1 percent from a ...

LVMH’s sales of fashion and leather goods declined in the fourth quarter, casting doubt on the prospects for a quick recovery in luxury demand.Most Read from BloombergTexas HOA Charged With Discrimina ...

And though the luxury behemoth continued to stumble in that division, as well as the wine and spirits section ... resilience,” LVMH chairman and CEO Bernard Arnault, said in a statement.

The brand’s 2024 earnings show an organic growth of 1 percent over 2023, according to LVMH, which also owns companies such as Moët & Chandon, Dior, and TAG Heuer. Sales also rose past expectations in ...

LVMH supremo Bernard Arnault said he sees ... part of the business and home to brands Louis Vuitton and Dior labels – slipped 1 per cent. And its wine and spirits division, which includes ...

The French luxury goods conglomerate's American Depositary Receipts (ADRs) slumped 8.5% in the US following the results. However, LVMH's shares have risen by 18% this year in European markets ...

The world’s largest luxury company LVMH on Tuesday reported better-than-expected full-year sales, in the strongest sign yet of a potential turnaround in the high-end sector.