French luxury conglomerate LVMH saw its stock slide by more than 6% following the Tuesday evening reveal of its 2024 annual results.

LVMH Chairman Bernard Arnault said sales at Tiffany & Co. increased in the most recent quarter and the jeweler has become more profitable since it was bought by the luxury French conglomerate.

LVMH Moët Hennessy Louis Vuitton has disclosed a net profit contraction of 17%, amounting to €12.55bn ($13.09bn), for the fiscal year 2024 (FY24). This represents a downturn from the €15.17bn reported ...

The short-listed talents demonstrate "renewed interest in tailoring, handcrafted embellishments and bold occasion dressing," ...

“In 2024, amid an uncertain environment, LVMH showed strong resilience,” LVMH chairman and CEO Bernard Arnault, said in a statement. “This capacity to weather the storm in highly turbulent ...

“While remaining highly vigilant with regard to cost management and our single-minded focus on the desirability of our designs, we enter 2025 with confidence,” Bernard Arnault, chairman and chief ...

The French luxury group reported better-than-expected sales on Friday, pushing its market cap above 300 billion euros for the ...

Chairman and CEO of the LVMH Watches and Jewelry Division Stéphane Bianchi emphasizes the importance of the U.S. market for the division. He notes New York City’s dynamic appeal as an ...

French luxury group Hermes reported fourth-quarter results well above analyst expectations on Friday, showing robust appetite ...

The brand’s 2024 earnings show an organic growth of 1 percent over 2023, according to LVMH, which also owns companies such as Moët & Chandon, Dior, and TAG Heuer. Sales also rose past expectations in ...

LVMH Moët Hennessy Louis Vuitton has disclosed a net profit contraction of 17%, amounting to €12.55bn ($13.09bn), for the fiscal year 2024 (FY24). This represents a downturn from the €15.17bn ...