LVMH: latest news, analysis and trading updates | ESM Magazine

Danone Expects Olympics Sales Boost After Revamping Brands Ahead Of Games

Olympics sponsor Danone is expecting both a short and longer-term sales boost from the Games, having made changes to its products, invested in brandin...

China Cognac Probe Is A Reaction To EU Car Tariffs, Says Hennessy Owner LVMH

China's anti-dumping probe into Europe's cognac industry is a tit-for-tat reaction to European Union tariffs on Chinese electric vehicles, the finance chie...

LVMH Sales Growth Slips On Luxury Spending Slowdown

LVMH's sales slowed in the first quarter as rising prices prompted more shoppers who aspire to own its luxury labels to hold back on splashing out thousand...

LVMH’s Stephane Bianchi Promoted In Top Management Reshuffle

LVMH's group managing director Toni Belloni is to step down, the company has said, with Stephane Bianchi taking over his operational functions.

Alcohol-Free Corona Cero To Be Official Paris Beer As AB InBev Signs Olympics Deal

Anheuser-Busch InBev will be an official sponsor for three Olympic Games starting with the Paris 2024 summer event this year, the brewer said, naming its a...

Esselunga Launches Into Wine E-Commerce

Italian supermarket chain Esselunga has launched an online wine shop, offering over 1,400 wines and spirits from around the world, mainly from Italy and Fr...

L’Oréal Sales Up Despite Muted Recovery In China

L’Oréal has reported a brisk rise in third quarter sales, lifted by growth in Europe and an acceleration in the United States, but missed expe...

LVMH Sales Growth Loses Fizz As Post-Pandemic Splurge Wanes

Luxury goods bellwether LVMH reported a 9% rise in third quarter revenue, marking slower growth as a strong wave of post-pandemic spending eases due t...