CNBC International’s Post

French luxury conglomerate LVMH is sharing annual results in the face of an unfavorable luxury landscape. The corporation’s full-year sales are down 2 percent year-over-year on a reported basis, growing by 1 percent organically during the 12 months ended Dec. 31, 2024. In total, LVMH brought in 84.7 billion euros, or $88.4 million at current exchange. Read the full article: https://bit.ly/3Eglqpo #LuxuryDaily #LuxuryNews #LVMH #LuxuryReport

Is the lust for luxury losing appeal? LVMH (Moët Hennessy Louis Vuitton), the world's largest luxury group, recently reported weaker-than-expected Q3 revenues. However, without comprehensive data, one can only speculate whether this signals a gradual or temporary downturn in the demand for high-end goods. While it could be true that some regions are witnessing a slow redefining of the values system encompassing the luxury market, my personal experience (particularly in the UAE) points to a burgeoning appetite for high-end products, services, and experiences. Until LVHM's Q4 results are released, we can’t determine whether this bold claim reflects a temporary trend or full global sentiment. What I've also learnt from my 27 years of pioneering bespoke events is that there will always be a strong desire for quality, exclusivity, and rarity. What are your thoughts on this? Is the global demand for luxury waning or is it simply evolving?

In the thick of economic uncertainty, consumers are prioritizing experiences over products. Price increases, inflation and high costs of living are all contributing factors. Fortune reports that higher prices come "without a corresponding increase in innovation, service, quality or appeal." The luxury retail customer base has dropped by nearly 50 million since 2022 with significant disinterest among Gen Z (Fortune). Global sales have fallen 2% and global luxury spending will sit at nearly $US1.6T by the end of the year. Louis Vuitton Moet Hennessy (LVMH) is currently the most valuable luxury brand in the world with a US$130B value. #eauclairepartners #businessnews #financenews #luxuryretail #lvmh

Luxury bellwether LVMH 1Q24 revenues came in line with guidance last night, sparking a bit of a bounce in their and Richemont’s share prices. Japan was the star of the show, growing 32%, thanks to the weak yen attracting travellers. Luxury names have been weak over the last few weeks as investors grew nervous about the slowdown. The cognac inventory levels remains an issue for the spirits industry. #investing #marketinsights

Luxury Trends Under Pressure? LVMH takes a -5.5% hit post-Q3 The luxury world isn’t what it used to be—why spend top dollar when high-quality fakes are being produced from the same factories? Market disruption, changes in consumer behavior, and a trend towards counterfeit goods might signal further turbulence ahead Time to rethink your investments? #LuxuryMarket #Dubai #LVMH #MarketTrends #InvestmentStrategy #LuxuryDisruption

The world’s biggest luxury brand LVMH Moet Hennessy Louis Vuitton is under scrutiny after police raids in Milan, Italy exposed the deplorable conditions in factories where its luxury goods were being manufactured. Footage released by the Italian police revealed shocking scenes of labour exploitation by Chinese companies which were contracted by LVMH to make the luxury goods on which the $390-bn empire stands. What was also revealed in the raids were the ridiculously low manufacturing costs for these luxury goods – in some cases, LVMH enjoyed margins of more than 4,000 per cent on these good. And the fact that, while made in Italy, these products are ultimately being made by Chinese companies out of their sweat-shops in Europe. Watch: https://lnkd.in/gxvnaQtj | #LuxuryHandBags #GiorgioArmani #LouisVuitton #LuxuryBrand #LuxuryGoods

Bernard Arnault Has Every Reason To Be Happy as LVMH Reports Stronger-Than-Expected Sales LVMH, the world’s largest luxury conglomerate, has reported better-than-anticipated full-year sales for 2024, marking a potential turnaround for the high-end sector. The company, which owns prestigious brands such as Louis Vuitton, Moët & Chandon, and Hennessy, recorded revenues of $88.27 billion for the year. LVMH’s organic growth reached 1% compared to the previous year, while […] The post Bernard Arnault Has Every Reason To Be Happy as LVMH Reports Stronger-Than-Expected Sales appeared first on CEOWORLD magazine. Copyright CEOWORLD magazine 2023. https://ift.tt/AOx3hiy

LVMH, up 15% over the last 2 months, has lagged peers as investors find their way back to luxury goods. Hermes, up 20%, Brunello Cucinelli, up 27% and Richemont, up 31%, over the same period in EUR. LVMH is trading on a forward multiple significantly lower than some of its peers and lower than it has traded on average. Of interest will be the performance of hard vs soft luxury in the LVMH stable as well as the relative performance of the business in China and the US. Results out on 28 January 📊 💼 #LVMH #luxurygoods #investmentteam #investmentmanagement #portfoliomanagement #nedbankprivatewealthsa Nedbank Private Wealth South Africa

LVMH Sales And Luxury Goods Demand Are A Dumpster Fire: The Big Point The Rabid Capitalist: The Big Point is a summary of a detailed note available to paid subscribers. LVMH, the largest luxury goods group in the world, disappointed analysts and investors with a three percent decline in sales that failed to meet previous estimates. This first decline in quarterly revenues since COVID raised questions regarding luxury goods demand in Asia, especially Japan and China. The revenue decline was a significantly negative sales surprise. Analysts were expecting two percent top line growth. LVMH, which has served as a proxy for the luxury goods sector, has caused concern for the performance of the group. Complete content is available for a $15 monthly subscription. Click here to subscribe: https://lnkd.in/euNE7nab

Sector leader LVMH managed a modest 2% sales growth on an organic basis, yet reported figures dipped by 1%. This highlights the growing challenges in the luxury market amid frugal consumer behavior and a cooling Chinese economy. The recent revenue slip experienced by LVMH serves as a stark reminder that even the most illustrious names in luxury are vulnerable to economic fluctuations and evolving consumer tastes. The challenge for luxury brands is clear: they must innovate and adapt to a rapidly changing landscape while maintaining the exclusivity and allure that define their essence. The road ahead is fraught with uncertainty, but those who can pivot and align with contemporary values stand the best chance of weathering the storm and emerging stronger. #LuxuryMarket #Luxurybrands #LuxuryRetail