Grupo Santander downgraded LVMH (LVMUY) to Neutral from Outperform with a EUR 686 price target Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news.

LVMH Moët Hennessy Louis Vuitton, the owner of multiple luxury brands including Tiffany, Louis Vuitton, and Dior, remains mired in an extended global downturn for high-end goods and is moving at ...

Luxury group LVMH says 2025 is off to a good start as it reports an increase in sales in its most recent quarter. CEO Bernard Arnault, who is shifting the company's focus to the US in order to ...

President Donald Trump and LVMH CEO Bernard Arnault pictured in 2017. © 2024 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance ...

However, LVMH's shares have risen by 18% this year in European markets, driven by optimism surrounding an improved macroeconomic environment and strong earnings from rival Richemont. In the fourth ...

RBC Capital raised the firm’s price target on LVMH (LVMUY) to EUR 780 from EUR 700 and keeps an Outperform rating on the shares. Published first on TheFly – the ultimate source for real-time ...

Jan 29 (Reuters) - Shares in LVMH (LVMH.PA), opens new tab fell in early Frankfurt trading on Wednesday, as sales growth posted by the luxury goods group failed to impress investors, following a ...

PARIS (Reuters) -LVMH has made a good start to 2025, CEO Bernard Arnault said on Tuesday, after the luxury bellwether reported better than expected fourth-quarter sales that will add to hopes the ...

Shares in LVMH were on track for their largest drop in 14 months on Wednesday after the luxury goods group's latest sales figures disappointed investors hoping for stronger signs of a rebound at ...

PARIS — Luxury goods conglomerate LVMH, Europe's largest company by market value, said on Tuesday that its net profit fell 17 percent last year to 12.55 billion euros ($13 billion) as sales slipped 2 ...

Zooming out to the entirety of 2024, LVMH earned nearly 84.7 billion euros ($88.8 billion); however, that was down by 2% from the 2023 tally. In terms of product categories, the largest one ...

LVMH supremo Bernard Arnault said he sees a ‘wave of optimism’ in the US, where the luxury industry has pinned its hopes on a revival following Donald Trump’s return to the White House.