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% ...
Alexandre Arnault takes a pivotal role in LVMH's struggling $6 billion wine and spirits business as trade tensions under U.S. President Donald Trump loom large. With plans to revitalize the division, ...
LVMH shares dropped as slightly better-than-expected full-year results from the world’s largest luxury company threw doubt ...
LVMH earned $88.27 billion in revenue in 2024, a slightly better-than-expected figure that could be signaling a turnaround in ...
LVMH Moët Hennessy Louis Vuitton SE engages in the manufacture of luxury goods. It operates through the following business segments: Wines & Spirits, Fashion & Leather Goods, Perfumes & Cosmetics ...
French luxury conglomerate LVMH saw its stock slide by more than 6% following the Tuesday evening reveal of its 2024 annual ...
PARIS — LVMH Moët Hennessy Louis Vuitton said it was confident ... beating consensus estimates for a 3 percent drop. Wines ...
The conglomerate’s all-important fashion and leather goods division reported that sales declined by 1 per cent in the fourth ...