The European Central Bank cut interest rates on Thursday and kept the door open to further policy easing as concerns over lacklustre economic growth supersede worries about persistent inflation. It ...
Euro zone government bond yields and the euro held steady on Thursday after the European Central Bank cut interest rates by 25 basis points to 2.75%, as expected. The German 10-year bond yield, the ...
Luxury giant LVMH eked a small gain in 2024 sales, underwhelming investors following buoyant results from rivals that signalled a turnaround for the sector ...
LVMH shares dropped as slightly better-than-expected full-year results from the world’s largest luxury company threw doubt ...
LVMH shares dropped on Wednesday as the investors were not too impressed with the results posted by the luxury giant.
Over in Paris, LVMH slumped 5.1%. The Paris-based luxury goods firm late Tuesday reported net income of EUR12.6 billion, down 17% from EUR15.2 billion a year prior, as revenue fell 1.7% to EUR84.7 ...
Mytheresa is making a fresh start, taking a new name, and stock exchange ticker, as it prepares to integrate the Yoox ...
LVMH Moët Hennessy Louis Vuitton CEO Bernard Arnault added around $22.9 billion to his net worth in this year's Bloomberg Billionaires Index.
Burberry shares in London trading surged after the luxury group posted better-than-expected sales over the third quarter, ...
Burberry is turning to its forte and "offering a range of products to attract a broad base of luxury customers," CFO Kate ...
Cartier owner Richemont’s robust results have boosted sentiment about luxury stocks – but are investors getting carried away?
Burberry reported a smaller than expected 4% drop in quarterly comparable store sales on Friday, helped by a stronger holiday ...