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

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...