LVMUY Stock Recent News

Big western fashion brands, including Lululemon Athletica Inc (NASDAQ:LULU) and French giants Louis Vuitton Moet Hennessy (EPA:MC) and Hermès International, are being targeted by Chinese manufacturers using TikTok to claim they can make much cheaper knockoffs using the same production lines.  Videos on Tiktok claim to be selling $5 yoga leggins from Lululemon's own production lines, in one example.

LVMH Moët Hennessy -- Louis Vuitton (LVMUY -4.36%) (LVMHF -3.47%) was being punished on Tuesday, following Monday's release of a dispiriting quarterly revenue report. In mid-session action, investors continued to sell out of the company's stock -- its American depositary receipts (ADRs) were down by nearly 4%, at a point when the benchmark S&P 500 (^GSPC -0.14%) was only sagging by 0.2%.

LVMH, led by Bernard Arnault, lost its title as the world's most valuable luxury company to Hermes after its market capitalization slipped due to a sales miss.

Paris, April 15th, 2025 The disclosure of share transactions carried out from April 7th to April 11th, 2025, was sent to the AMF on April 15th, 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».

Diageo PLC (LSE:DGE) and Burberry Group PLC (LSE:BRBY) face headwinds ahead, analysts said as they read across from a trading update from luxury giant Louis Vuitton Moet Hennessy (EPA:MC). As well as making Johnnie Walker and Crown Royal whiskey, Smirnoff and Ciroc vodka, Diageo also has a 34% stake in LVMH's Wine & Spirits division.

More than $9 billion was wiped from French billionaire Bernard Arnault's fortune Tuesday morning after shares of his luxury goods conglomerate LVMH slumped by more than 7% following an unexpected drop in first quarter sales.

Hermès surpassed LVMH's valuation on Tuesday after Bernard Arnault's company reported disappointing sales. The 3% decline in first-quarter sales compared with a 2% rise forecast by analysts.

LVMH briefly lost the top spot as the world's most valuable luxury group to Hermes International, before recovering it as the stock's losses eased.

Shares of LVMH plunged 8% on Tuesday morning after the world's largest luxury group posted an unexpected decline in first-quarter sales. Sales were "overall below the most conservative buyside expectations," Citi analysts said, with wines and spirits suffering the sharpest decline.

LVMH Moet Hennessy's first-quarter sales miss spooked the whole sector as the French luxury-goods giant struggled in China ahead of looming tariffs in the U.S.