She received the title of Knight of the Légion d’Honneur in a promotion that includes ambassadors, former ministers and those ...
It’s taken LVMH nearly a year-and-a-half to wrestle back its spot as Europe’s biggest stock from Novo Nordisk A/S.
Richemont delivered stunning holiday quarter performance with luxury jewelry sales up 14%, while Signet reported holiday ...
French cognac makers increased shipments to the United States in December, trade data showed, as distributors fill up their ...
Bernard Arnault is outpacing Elon Musk and Mark Zuckerberg in wealth gain this year after signs of a rebound in luxury demand ...
Over the past five years, the luxury industry has suffered from the pandemic's shutdown in tourism, which often drives big purchases, and a spike in prices that forced even some wealthier shoppers to ...
The owner of Cartier, Piaget, Chloe and Montblanc saw an uptick in US and European sales, as well as smaller declines in ...
Shares of Louis Vuitton Moet Hennesy ( LVMUY -1.54%) were moving higher today in symphony with a strong earnings report from ...
European luxury shares jumped Thursday after Cartier parent Richemont reported record quarterly sales, lifting investor hopes that the high-end sector is finally recovering from a slump caused by weak ...
Bank of America separately published its year-ahead outlook for the luxury sector in which it upgraded LVMH, Richemont and Zegna (ZGN) to buy, downgraded Brunello Cucinelli (IT:BC) and Pandora ...
BofA upgraded LVMH (LVMUY) to Buy from Neutral with a price target of EUR 735, up from EUR 700. In addition, the stock is one of BofA Global ...