|
|
|
|
24.04.25 - 10:01
|
Gucci Sales Tumble in First Quarter (Bloomberg)
|
|
Gucci, Kering SA's biggest brand, saw sales tumble in the first quarter. Sales dropped 25% on a comparable basis, a slightly bigger fall than analysts were expecting. Kering has lost about half its market value in the past year, a worse performance than rivals LVMH Moët Hennessy Louis Vuitton, SE Hermes International SCA and Richemont. Bloomberg's Angelina Rascouet reports. (Source: Bloomberg)...
|
|
|
|
|
|
15.04.25 - 14:24
|
"Magnitude Of Deterioration": Wall Street Stunned By LVMH′s Earnings (ZeroHedge)
|
|
"Magnitude Of Deterioration": Wall Street Stunned By LVMH's Earnings
LVMH Moët Hennessy shares dropped in Paris trading Tuesday after the luxury conglomerate reported Q1 earnings that fell short of Bloomberg Consensus estimates. The miss was driven by softening demand for high-end goods in top markets such as Asia and the U.S., as a deepening trade war pressured consumer sentiment.
LVMH's first-quarter results served as a luxury gut-check for the industry, with a broad-based miss across segments and regions led by sliding demand in key markets, including China and the U.S. Fashion and Leather Goods — the group's growth engine — also stumbled, signaling concerns about a wider slowdown in the high-end consumer space.
Here's a summary of the first quarter results:
Red Flags:
Organic Revenue -3% vs. +1.1% est. (Bloomberg Consensus): A troubling miss, signaling a sharp deterioration in underlying business momentum.
China and U.S. Weakness:
Asia ex-Japan -11% vs. -4.69% e...
|
|
|
|
|
15.04.25 - 10:54
|
LVMH nach Zahlen: Glanz verblasst – was nun? (Der Aktionaer)
|
|
LVMH hat mit seinen jüngsten Q1-Zahlen enttäuscht und die Erwartungen der Analysten klar verfehlt. DER AKTIONÄR wirft einen genauen Blick auf die einzelnen Sparten – und erklärt, warum Anleger derzeit Zurückhaltung üben sollten, der französische Luxus-Gigant LVMH aber dennoch auf der Watchlist bleiben sollte....
|
|
|
|
|
|
|
15.04.25 - 08:12
|
Weak US, China Demand Hurts LVMH Sales (Bloomberg)
|
|
LVMH sales fell more than expected in the first quarter, weighed down by weak demand for luxury goods in China and the US and the threat of a trade war. Bloomberg's Angelina Rascouet reports. (Source: Bloomberg)...
|
|
|