LVMH reports muted sales amid hope that the luxury downturn might finally be ending
I’m not going to report record revenue, but it was nonetheless a robust year," CEO Bernard Arnault said during the earnings ...
World's largest luxury group LVMH posts better than feared full-year sales
The world's largest luxury company LVMH on Tuesday reported better-than-expected full-year sales, in the strongest sign yet ...
Champagne sales decline: Have people stopped celebrating?
Champagne sales have fallen to their lowest levels in over two decades, with shipments down nearly 10 per cent globally.
NBC Los Angeles4d
Shares of LVMH drop 5% as full-year results throw doubt on broad luxury recovery
LVMH shares dropped as slightly better-than-expected full-year results from the world’s largest luxury company threw doubt ...
PA Media on MSN8d
Diageo considering possible sale of Guinness business – reports
Reports also suggested Diageo is reviewing its stake in Moet Hennessy (Moet & Chandon/PA) The company has already reportedly ...
LVMH Generated $88 Billion in Revenue in 2024, Slightly Above Expectations
LVMH earned $88.27 billion in revenue in 2024, a slightly better-than-expected figure that could be signaling a turnaround in ...
Reuters7d
Diageo says it has no intention to sell Guinness or stake in Moet Hennessy
On Friday, Bloomberg News reported that the company was exploring options for Guinness, a star performer in Diageo's portfolio, as well as reviewing its investment in Moet Hennessy. The report ...
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Wood, metal, glass and fizz: Moët & Chandon present MCIII
This autumn, Moët & Chandon have emerged from the cellars to reveal a new champagne 15 years in the making – a blend celebrating different winemaking techniques, with wines aged in three different ...