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Shares in LVMH fell sharply on Wednesday as analysts said that an in-line increase in sales at the world's top luxury indicated the overall sector was moving towards a less impressive path of growth. "While this is a solid growth rate in absolute terms...whether we are now at the end of the positive earnings revision cycle for luxury and on the drivers of sector growth going forward" wrote analysts at JP Morgan. LVMH shares were down 3.7% in early session trading, also dragging down the shares of its rival Kering.

LVMH Moët Hennessy Louis Vuitton said net profit rose 30 percent in the first half, as Europe and Asia grew while signs pointed to weaker U.S. demand.

On a flight from Paris to London in 1983 Jane Birkin, an Anglo-French chanteuse and actress, spilled the contents of her overstuffed straw...

What fits your personal belongings and can cost a full year’s salary — or two, or three? In the 1990s, you might have said “a house,” but today a valid

Bizzarri was the architect of Gucci’s stellar growth in 2015-2019