LVMH

LVMH Sales Fall 3% As Demand For Luxury Goods Worsens In China

LVMH reported a 3% fall in third-quarter sales, undershooting estimates in its first decline in quarterly sales since the pandemic as demand in China and J...

LVMH-Owned Brands Dominate The 'Most Valuable Wine Brands' List

LVMH-owned brands Moët & Chandon, Chandon, Veuve Clicquot and Dom Pérignon are the most valuable wine and champagne brands on the planet, a...

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...