LVMH stock falls on slumping luxury sales in China MarketWatchLVMH Sales Drop as Chinese Demand for Costly Handbags Cools Yahoo FinanceLuxury goods shares fall as China slowdown hits LVMH Financial TimesEven Mighty LVMH Can’t Escape the Luxury Downturn Bloomberg
Similar Stories to Lvmh Stock Falls On Slumping Luxury Sales In China - Marketwatch on Bing News
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Wed, 10/16/2024 - 1:43am
BING NEWS:
- Luxury stocks slide as LVMH disappoints and Wall Street eyes few signs of stronger China demand despite stimulus
LVMH's commentary on demand in China was a warning for luxury brands, which have relied on Chinese consumers to drive growth in recent years.
10/16/2024 - 7:47 am | View Link - Louis Vuitton owner LVMH sales slump on weak China demand, shaking luxury sector
The world’s largest luxury group saw its shares tumble as much as 7.5% Wednesday morning to a two-year low before ticking back up by the afternoon.
10/16/2024 - 6:26 am | View Link - Investors develop an allergy to GRANOLAS after ASML, LVMH downturns
Europe’s answer to the Magnificent Seven is leaving much to be desired after two of the Continent’s biggest companies, ASML Holding and LVMH Moet Hennessy, disappointed investors.
10/16/2024 - 2:39 am | View Link - LVMH’s Fall From Grace in China Rattles Luxury Investors
Eighteen months ago, LVMH shares were trading at a record high and the group’s controlling shareholder, Bernard Arnault, was the world’s wealthiest person.
10/16/2024 - 12:28 am | View Link - LVMH stock falls on slumping luxury sales in China
LVMH Moët Hennessy Louis Vuitton shares fell sharply on Wednesday after the luxury conglomerate reported a slump in its third-quarter revenue driven by slower sales in China.
10/15/2024 - 9:46 pm | View Link - More
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