The Hennessy Cognac maker reported underlying operating profit from the division dropped by more than a third.
According to its full-year report for 2024, LVMH's Wine & Spirits sector reported declining organic revenues by 8% compared to last year, with profit from recurring operations down 36% ...
French luxury conglomerate LVMH saw its stock slide by more than 6% following the Tuesday evening reveal of its 2024 annual ...
LVMH posted subdued quarterly results due to continued weakness in the fashion and leather goods segment. The results ...
The conglomerate’s all-important fashion and leather goods division reported that sales declined by 1 per cent in the fourth ...
LVMH shares dropped as slightly better-than-expected full-year results from the world’s largest luxury company threw doubt ...
The brand’s 2024 earnings show an organic growth of 1 percent over 2023, according to LVMH, which also owns companies such as ...
Exchange rate fluctuations had a substantial negative impact during the year, particularly on Fashion & Leather Goods and Wines & Spirits. The Group share of net profit amounted to €12.6 billion. Free ...
In this article, we are going to take a look at where LVMH Moët Hennessy - Louis Vuitton ... He pointed out that as the end of January approaches, the wine and spirits industry might be hoping for a ...