MEDIA

 

November 2024

 

Nov 1

On 16 Oct, LVMH, the world’s largest luxury conglomerate, reported third-quarter sales fell 3% below last year’s during the same period, landing at €19.08 b.

The news sucked 4% out of its share price. The figure was a wide miss from analysts’ average expectation of 0.9% growth.

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