The Loewe and Dior owner said multiple divisions have faced challenges as consumer luxury spending decreased following pandemic-era highs.

fashiondive.com

LVMH revenue down as profits fall 14% in 2024

LVMH shares dropped as slightly better-than-expected full-year results from the world's largest luxury company threw doubt over a broader sector recovery.

Ad Fontes Media

All Sides

Media Bias/Fact Check

CNBC

Roberts family

United States

Shares of LVMH drop 5% as full-year results throw doubt on broad luxury recovery

Overall revenue increased by only 1 per cent.

The Straits Times

Singapore Press Holdings

Singapore

LVMH’s subdued sales temper hopes for a rapid luxury rebound

Shares in LVMH retreated on Wednesday after slightly better-than-expected annual results from the world’s largest luxury company threw doubt over a broader recovery in the luxury sector.

The West Australian

Kerry Stokes

Australia

LVMH performance casts doubt on luxury recovery

OUR ADVICE FOR ACTION ON LVMH - The world's number one luxury goods company achieved better than expected sales but disappointed in terms of margins: the stock won.

NOTRE CONSEIL ACTION SUR LVMH - Le numéro un mondial du luxe a réalisé un chiffre d’affaires meilleur qu’attendu mais a déçu au niveau de ses marges: le titre décroche.

LVMH: «douche froide» pour Bernard Arnault et pour l’action

Le Figaro

Dassault Group

Paris

Île-de-France

France

LVMH: “cold shower” for Bernard Arnault and for action

The luxury group led by Bernard Arnault ends its 2024 fiscal year on a turnover of €84.7 billion, down 2% from 2023, in particular because of the slowdown in activity in China.

Le groupe de luxe dirigé par Bernard Arnault termine son exercice 2024 sur un chiffre d’affaires de 84,7 milliards d’euros, en recul de 2 % par rapport à 2023. En cause, notamment, le ralentissement de l’activité en Chine.

LVMH voit son bénéfice net plonger de 17 %

Le Monde

LVMH sees its net profit dive by 17%

Luxury goods giant’s shares slump as much as 5.5% in Paris

Irish Times

Dublin

County Dublin

Ireland

LVMH’s subdued sales temper hopes for a rapid luxury sector rebound

LVMH Moët Hennessy Louis Vuitton SE posted better-than-expected full-year sales but delivered mixed fourth-quarter results, highlighting a sluggish luxury recovery. Shares fell in European trading after the earnings report. LVMH controls around 60 subsidiaries that manage 75 luxury brands. LVMH’s portfolio includes Christian Dior Couture, Givenchy, Fendi, Celine, Kenzo, Tiffany, and many more brands. It posted revenues of […]

Zero Hedge

LVMH Reports "Mixed" Results As Goldman Says "Buy On Any Weakness" - Nemos News Network

French luxury giant earns significantly lessThe French luxury conglomerate LVMH must present sluggish growth and a decline in revenue in the past financial year. On Tuesday evening after the stock exchange closed in Paris, it presented

Fransk luksusgigant tjener markant mindreDen franske luksuskonglomerat LVMH må præsentere en sløv vækst og et fald i omsætningen i det forgangne regnskabsår. Tirsdag aften efter børsluk i Paris fremla

Fransk luksusgigant tjener markant mindre

borsen.dk

French luxury giant earns significantly less

LVMH’s sales of fashion and leather goods declined in the fourth quarter, casting doubt on the prospects for a quick recovery in luxury demand.

Business Times

Luxury leader LVMH announced on Tuesday a net profit down 17% over the year to 12.55 billion euros (around 11.85 billion francs) and sales down 2% to 84.7 billion after a turbulent 2024.

Le numéro un du luxe LVMH a annoncé mardi un bénéfice net en chute de 17% sur un an à 12,55 milliards d'euros (environ 11,85 milliards de francs) et des ventes en recul de 2% à 84,7 milliards après une année 2024 chahutée.

LVMH revenue down as profits fall 14% in 2024

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