As of 1:07 p.m. ET, LVMH stock was up 9.8%, compared to Richemont's 15.4%. Richemont reported a 10% increase in third-quarter sales to 6.2 billion euros ($6.4 billion), and it saw double-digit ...
A strong quarter from Richemont lifted luxury stocks, including LVMH. LVMH and Richemont have both struggled in China. The report bodes well for LVMH's upcoming results. As of 1:07 p.m. ET ...
As of 1:07 p.m. ET, LVMH stock was up 9.8%, compared to Richemont's 15.4%. Image source: Getty Images. Richemont reported a 10% increase in third-quarter sales to 6.2 billion euros ($6.4 billion ...
Investing.com -- Bank of America raised its rating on LVMH shares to Buy from Neutral, adding the stock to its Europe 1 list of top ideas. The firm also hiked its price targets on LVMH stock to ...
LVMH said it was 'impossible' to control the final destination of products sold by third-party distributors after a report said the French luxury group's champagne reached Russia even after it ...
LVMH Moët Hennessy Louis Vuitton has said it is “impossible” to manage where products are sold by third-party distributors amid a report the group’s Champagne continues to be sold in Russia. In a ...
Luxury stocks like RH, Ferrari, and LVMH have historically outperformed the S&P 500 due to their strong brands and high margins. Investors should focus on luxury stocks with high operating margins ...
PARIS (Reuters) - LVMH said on Tuesday it was "impossible" to control the final destination of products sold by third-party distributors after a report said the French luxury group's champagne ...