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October 11, 2023
By Mauro Orru LVMH Moet Hennessy Louis Vuitton posted sales below analysts' expectations for the third quarter as the luxury-goods industry grapples with...
October 11, 2023
The luxury behemoth gave limited outlook on China but revealed low single-digit growth in the U.S. and more significant headwinds in Europe.
October 11, 2023
Consumer companies were flat as traders hedged their bets ahead of inflation data Thursday. Shoemaker Birkenstock fell on its stock-market debut, another...
October 10, 2023
Luxury-goods retailer struggled to lure Chinese consumers back to its stores
October 9, 2023
By Mauro Orru LVMH Moet Hennessy Louis Vuitton is scheduled to report sales for the third quarter on Tuesday. Here's what you need to know: SALES FORECAST:...
October 3, 2023
Microsoftโs CEO Nadella on search and AI at Google trial, Birkenstock presses forward with IPO despite gloomy conditions, and other news to start your day.
October 2, 2023
The youngest son of Bernard Arnault is taking a risk at the LVMH brand: Making a more expensive productโand making it harder to find.
September 29, 2023
The Paris public prosecutors office reportedly confirmed Friday that it was it was looking into financial transactions between LVMH CEO Bernard Arnault and...
September 5, 2023
China's services sector expanded at its slowest pace in eight months. The implications for companies exposed to Chinese consumers aren't good.
September 4, 2023
By Dominic Chopping Novo Nordisk launched its hugely popular Wegovy injectable weight-loss drug in the U.K. Monday, despite continuing challenges the company...