By Mimosa Spencer and Danilo Masoni PARIS (Reuters) -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 the sector bellwether.
L ast week in New York, droves of watch nuts assembled on 57th Street to see what the folks at juggernaut luxury conglomerate Louis Vuitton Moët Hennessy have in store for 2025.
LVMH has made a good start to 2025, CEO Bernard Arnault said on Tuesday, after the luxury conglomerate posted a slight rise in fourth-quarter sales, though analysts cautioned it may still fall short of heightened market expectations after recent share gains.
LVMH Watch Week has kicked off with cool new timepieces like a guichet watch from Louis Vuitton to Bird on a Rock pieces from Tiffany.
Goldman Sachs analyst Louise Singlehurst maintained a Buy rating on LVMH Moet Hennessy Louis Vuitton (0HAU – Research Report) today and set a
Barclays analyst Carole Madjo maintained a Buy rating on LVMH Moet Hennessy Louis Vuitton (0HAU – Research Report) today and set a price target
LVMH Watch Week in New York City, under La Fabrique du Temps Louis Vuitton, includes brands like Bulgari, Hublot, relaunched Daniel Roth and Gérald Genta.
As LVMH Watch Week 2025 wrapped up its New York edition, Hypebeast looks back to some of the most noteworthy watches from the event.
In a report released today, Adam Cochrane from Deutsche Bank maintained a Hold rating on LVMH Moet Hennessy Louis Vuitton (0HAU – Research
Watch brand executives from LVMH speak on the state of the industry during the group's annual watch week in New York City.
Luxury bellwether LVMH beat expectations on Tuesday with a 1% rise in fourth-quarter sales as demand for designer fashion and handbags picked up over the holiday season, adding to hopes the sector has turned a corner.
Profit at LVMH disappointed, even as the company lowered its overall marketing costs by 5 per cent last year. Recurring operating income dropped 14 per cent in 2024 to €19.6 billion (S$27.6 billion), missing estimates. One-time costs had an impact, including charges related to the Paris Olympic Games, Mr Guiony said.