Luxury retailer LVMH on Thursday (July 24) reported a decline in overall business performance in the first half of the year, mainly due to weakness in Asia. Earnings fell 22% from a year ago. Get the Full Story Complete the form to unlock this article...
Luxury conglomerate LVMH is deploying artificial intelligence (AI) tools throughout its operations, targeting both operational efficiency and customer retention. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe...
Luxury conglomerate LVMH reportedly told investors and analysts that demand remains soft due to weaker consumer confidence in China and other markets. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Luxury goods retailer LVMH Moët Hennessy Louis Vuitton said it is prepared to increase prices on its products and take other mitigation strategies if negotiations over tariffs during the 90-day suspension are unproductive. Get the Full Story Complete the form to unlock this article and...
July 19, 2023
While Richmont has essentially declared that China isn’t buying, prestigious London department store Harrods is preparing to unveil an exclusive club in Shanghai. This step not only marks the luxury retailer’s first venture into international territory but also contradicts the wishy-washy buying patterns observed among Chinese consumers. Get the Full Story Complete the form to unlock […]
July 25, 2025
Luxury conglomerate LVMH is reportedly looking to sell fashion brand Marc Jacobs for about $1 billion. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive marketing communications from […]
June 09, 2025
Luxury conglomerate LVMH is deploying artificial intelligence (AI) tools throughout its operations, targeting both operational efficiency and customer retention. Get the Full Story Complete the form to unlock this article...
May 21, 2025
Luxury conglomerate LVMH reportedly told investors and analysts that demand remains soft due to weaker consumer confidence in China and other markets. Get the Full Story Complete the form to unlock this...
November 24, 2024
While Chinese consumers are struggling, the country’s secondhand luxury market is reportedly thriving. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
