Swiss Watch Exports Dip 2.8 percent in 2024, Reflecting China Slowdown
In the final month of 2024, exports of watches between 200 and 500 Swiss francs were the hardest hit, with a drop of 13.2 ...
Swatch posts steep drop in sales and profit as China struggles
Swatch Group's sales and profit fell during 2024, the Swiss watchmaker said on Thursday, as improvements in the United States ...
LVMH’s better than expected Q4 brings hope that the luxury slump is coming to an end, says GlobalData
Following yesterday’s release of LVMH’s figures for the the year ending 31 December 2024; Louise Deglise-Favre, senior apparel analyst at GlobalData, a ...
What Bernard Arnault’s optimism for the U.S. could mean for LVMH’s position under ‘tariff man’ Trump
"It's clear that we are being strongly pushed by the American authorities to continue to build out our presence," Bernard ...
Shares of LVMH drop 5% as full-year results throw doubt on broad luxury recovery
LVMH shares dropped as slightly better-than-expected full-year results from the world’s largest luxury company threw doubt ...
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BofA sees EUR outperforming USD, GBP, JPY in January
The USD, GBP, and EM currencies are also expected to see some inflows, albeit to a lesser extent. BofA's report further notes ...
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LVMH shares fall as 2024 results fail to impress investors
LVMH shares dropped on Wednesday as the investors were not too impressed with the results posted by the luxury giant.
LVMH’s subdued sales temper hopes for a rapid luxury rebound
Profit at LVMH disappointed, even as the company lowered its overall marketing costs by 5 per cent last year. Recurring ...
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Lvmh, a fourth quarter recovery is not enough to lift 2024. The stock collapses on the stock exchange and drags down all the luxury
A dividend of 17 euros per share will be proposed at the shareholders' meeting on April 13. An interim dividend of 5,5 euros ...
LVMH earnings highlight uneven recovery in the luxury goods sector
LVMH posted subdued quarterly results due to continued weakness in the fashion and leather goods segment. The results ...
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LVMH sales stabilise after tough 2024
The conglomerate’s all-important fashion and leather goods division reported that sales declined by 1 per cent in the fourth ...
LVMH sales growth raises hope for end to luxury downturn
LVMH defied expectations and increased sales in its most recent quarter thanks to a buoyant US economy and resilience in Europe, raising optimism that the worst of the downturn in the luxury goods ...