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The world's biggest conglomerate of luxury goods reported a 2% sales decline for its first quarter.
French luxury behemoth LVMH posted revenue below analysts' views for the first quarter.
Paris, April 14, 2025 LVMH Moët Hennessy Louis Vuitton, the world's leading high-quality products group, recorded revenue of €20.3 billion in the first quarter of 2025. LVMH showed good resilience and maintained its powerful innovative momentum despite a disrupted geopolitical and economic environment.Europe once again achieved growth on a constant consolidation scope and currency basis.
Six years ago, LVMH's billionaire CEO Bernard Arnault and President Donald Trump cut the blue ribbon on a factory in rural Texas that would make designer handbags for Louis Vuitton, one of the world's best-known luxury brands.
Paris, April 8th, 2025 The disclosure of share transactions carried out from March 31st to April 4th, 2025, was sent to the AMF on April 8th, 2025. As required by current law, this document is publically available and can be consulted on the Company's website (www.lvmh.com) under the section «regulated information».
Paris, April 1st, 2025 The disclosure of share transactions carried out from March 24th to March 28th, 2025, was sent to the AMF on April 1st, 2025. As required by current law, this document is publically available and can be consulted on the Company's website (www.lvmh.com) under the section «regulated information».
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LVMH has appointed Jean-Christophe Babin as CEO of its watches division, the company said on Friday.
European luxury companies, especially LVMH, face short-term challenges but offer a long-term investment opportunity due to their historical resilience and potential for recovery by H2 2025. LVMH's current stock price around €600/share is attractive for diversification, given its dominant market position and potential for market-beating returns. Despite recent revenue declines, LVMH's diversified portfolio and strategic acquisitions, like Tiffany & Co., position it well for future growth as economic conditions improve.
The Shareholders' Meeting will be held on Thursday, April 17, 2025 at 10.30 a.m. at Carrousel du Louvre, 99 rue de Rivoli, 75001 Paris (France).