Luxury bellwether LVMH drops 8% on sales miss, dragging peers down

Bernard Arnault became the seventh world fortune. On Tuesday 15 April, the founder of LVMH lost $12.3 billion. A significant decrease that is explained by the Group's results on the stock exchange, after the announcement of its results for the first quarter of the year.

LVMH Sales Drop as Customers Pull Back From Spending on Designer Goods - RetailWire

LVMH sales have dropped as customers cut back on purchasing luxury items.

The sharper drop in the CAC40 and SBF120 indices, the LVMH title plunges well below the 500 euro threshold to return to contact with the recent floors registered on April 7 to 482.55 euros in panic about the consequences of the commercial war triggered by Donald Trump. While the rebound of 1% of the turnover at constant scope and exchange of the world luxury leader in the fourth quarter of 2024 had fed the expectations of a gradual recovery of t…

"Magnitude Of Deterioration": Wall Street Stunned By LVMH's Earnings

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

Weak sales figures make LVMH CEO Bernard Arnault create – and the US factory in Texas also causes displeasure: the lack of skilled workers leads to clear quality problems.

Hermès leapfrogs LVMH to become Europe's most valuable luxury company after the Louis Vuitton owner reported downbeat results

Hermès overtook rival luxury purveyor LVMH after the Bernard Arnault-run company reported a lackluster start to 2025 with a drop in sales.  Hermès’ market capitalization eclipsed LVMH’s on Tuesday morning by around €210 million, making the Birkin bag maker the most valuable luxury company in Europe, and on France’s CAC40 index. As of 11.30 a.m. London time, Hermès’ market value was €248.2 billion while LVMH’s was €246.8 billion. LVMH’s shares we…