Chinese Tourists Traveled Widely. Now They're Barely Leaving Home.
Chinese consumers continue to save rather than travel because of economic uncertainty.
Source: marketwatch.com
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Weight-Loss Drug Boom Sends Novo Nordisk Profits Soaring. Why the Success Brings Challenges.
Novo Nordisk is on to a real winner with its popular weight-loss drug Wegovy. The company's market capitalization climbed past $500 billion early Wednesday.
Source: marketwatch.com
Who Is the World's Richest Man? Tesla's Elon Musk Net Worth vs. LVMH's Bernard Arnault.
The recent stock slump in Tesla has hurt its shareholders, including Elon Musk. The CEO lost his place as the world’s richest man, according to Forbes.
Source: marketwatch.com
LVMH leads luxury stock rally following record 2023 results despite market slump
LVMH Moet Hennessy Louis Vuitton’s Paris listed shares surged on Friday following the luxury firm’s decision to hike its dividend on the back of record 2023...
France General Thomas Chauvet Bernard Arnault Hermes International Tiffany Co Hennessy Louis Vuitton
Source: marketwatch.com
Louis Vuitton Owner's Sales Beat Expectations -- 2nd Update
By Mauro Orru LVMH Moet Hennessy Louis Vuitton posted sales above analysts' forecasts for 2023, led by strong growth at its core fashion and leather-goods...
Moet Hennessy Louis Vuitton Louis Vuitton Bernard Arnault Mauro Orru Hennessy Louis Vuitton Article Normal
Source: marketwatch.com
Louis Vuitton Owner's Sales Beat Expectations -- Update
By Mauro Orru LVMH Moet Hennessy Louis Vuitton posted sales above analysts' forecasts for 2023, led by strong growth at its core fashion and leather-goods...
Moet Hennessy Louis Vuitton Louis Vuitton Mauro Orru Hennessy Louis Vuitton Article Normal Clothing Textiles
Source: marketwatch.com
LVMH 'Confident' on Luxury Demand in 2024. The Stock Surges.
Upscale-goods maker LVMH Moët Hennessy Louis Vuitton posted strong fourth-quarter revenue, bolstered by a solid holiday season.
United States Andreas Rentz Getty Bernard Arnault Hennessy Louis Vuitton Sabrina Escobar Louis Vuitton
Source: marketwatch.com
LVMH Outlook in Focus Amid Luxury Slowdown -- Earnings Preview
By Andrea Figueras LVMH Moet Hennessy Louis Vuitton is scheduled to report results for 2023 on Thursday. Here is what you need to know: SALES FORECAST: The...
Brunello Cucinelli Moet Hennessy Louis Vuitton Louis Vuitton Andrea Figueras Shwetha Ramachandran Novo Nordisk
Source: marketwatch.com
Remy Cointreau, Pernod Ricard shares hit by China probe of EU brandy
Shares in leading French makers of spirits plunged on Friday in wake of a Chinese investigation.
Moet Hennessy Olivia Petronilho China Ministry Of Commerce Pernod Ricard European Union China Ministry
Source: marketwatch.com
Hermès Shines in a Scruffy Luxury Market
Demand for French brand’s products is booming thanks in part to an unusual strategy, as rivals struggle
Hennessy Louis Vuitton Edward Berthelot Getty Christian Dior Wsjfinance Markets Consumer Goods Luxury Goods
Source: wsj.com