LVMH, once a luxury sector leader, is losing its dominant position with only 1% organic growth in Q4. Read why I reiterate LVMHF stock as a Hold.
Around one-third of companies in the STOXX 600 have reported Q4 sales figures and almost three-quarters of them have beaten ...
Rolex-owned Tudor experienced one of the worst sales slumps of the entire Swiss watch industry in 2024, according to an annual state of the market report by Morgan Stanley. The investment bank’s ...
Fashion brands increasingly turn to AI to improve workflow and customer experiences. Artificial intelligence is transforming ...
Morningstar analysts said in a recent note: "A 10% to 20% tariff on European luxury goods could depress luxury sales in the U ...
A decline in watch sales of 4.2% last year was the only blemish in an otherwise positive financial report from Hermès that ...
Richemont would need to wind down any longstanding partnerships before completing the sale of Yoox Net-a-porter group to ...
Ferrari priced its IPO on Thursday at €8.60 per share, just above the middle of its proposed range of €8 to €9 per share. The stock has performed well in its first two days on Amsterdam Euronext, ...
Of course, there’s always Bernard Arnault’s LVMH Moët Hennessy Louis Vuitton holding court as the exception and sitting on a ...
Nicolas Beau has streamlined the horology offerings into three categories: jewelry watches, a classic collection and a group ...
Shares of Kering surged 5.5% on Tuesday after the French luxury goods giant reported better-than-expected fourth-quarter sales.
On Tuesday, Kering said its sales fell 12 per cent to €4.97 billion in the fourth quarter ending 31 December — slightly ...