LVMH shares experienced a notable decline on the CAC 40 today, following a downgrade by UBS from "buy" to "neutral". The luxury goods giant also saw its target price cut from...
By Ankika Biswas and Bansari Mayur Kamdar (Reuters) -Europe's benchmark STOXX 600 index posted its biggest weekly gain since March on Friday, supported by interest rate-sensitive...
By Polina Devitt, Clara Denina and Mimosa Spencer LONDON/PARIS (Reuters) - The global diamond sector is scrambling to get ahead of an upcoming G7 ban on Russian gems, with...
European stocks, including the Stoxx 600 benchmark, experienced significant declines on Thursday, nearing the point of wiping out all gains made in 2023 due to disappointing...
Investing.com -- Shares in LVMH (EPA:LVMH) slumped on Wednesday after the luxury goods empire unveiled a slowdown in sales in the third quarter. In a statement late on Tuesday, the...
Shares of luxury conglomerate LVMH experienced a 5.9% drop on Wednesday, trading at EUR 690.10 (EUR 1 = $1.05) following the company's Q3 results that revealed a slowdown in sales...
PARIS (Reuters) - LVMH's shares slumped on Wednesday to their lowest level since December after the French luxury group reported slower third-quarter sales growth, providing...
Investing.com - European stock markets traded in a mixed fashion Wednesday, with weakness in LVMH hitting the French market ahead of the release of key U.S. inflation data. At...
By Mimosa Spencer PARIS (Reuters) - Luxury goods bellwether LVMH reported a 9% rise in third quarter revenue on Tuesday, marking slower growth as a strong wave of post-pandemic...
On Tuesday, the International Monetary Fund (IMF) presented its World Economic Outlook at the Marrakech meetings, forecasting a moderation in global economic growth to 3.1% in...