Showing posts with label LVMH. Show all posts
Showing posts with label LVMH. Show all posts

#China - #LVMH Sees Sales Turnaround in China as French Luxury Group Returns to Growth: Bloomberg

15 October 2025

LVMH sales unexpectedly returned to growth in the third quarter as shoppers splurged on Moët & Chandon Champagne and Dior perfumes. 

The world’s largest luxury group, led by billionaire Bernard Arnault, has endured an extended pullback, particularly in China, which had long been a driver of growth. In a positive sign for the company and the wider luxury industry, LVMH’s sales in the region that includes China rose 2% last quarter, after dropping by 9% in the first half. Bloomberg's Angelina Rascouet reports.  

#openai #europe #markets - Trump, Musk, AI CEOs Meet; OpenAI Eyes $1.4 Trillion Value: Bloomberg Television

30 September 2026 Bloomberg Daybreak Europe is your essential morning viewing to stay ahead. Live from Brussels, we set the agenda for your ...