Hermès overtakes LVMH for luxury’s top spot after weak sales spark sell-off

https://www.profitableratecpm.com/iusqb371?key=524179d49127ed1d5256afb46b8c3cc2 [ad_1] Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Hermès leapfrogged LVMH to become the world’s most valuable luxury company on Tuesday, after shares in the owner of Louis Vuitton tumbled on the back of disappointing first-quarter results. In a bruising morning … Read more

LVMH sales fall sharply as luxury woes continue

https://www.profitableratecpm.com/iusqb371?key=524179d49127ed1d5256afb46b8c3cc2 [ad_1] Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. LVMH’s sales fell more than expected in the first quarter as the world’s leading luxury group braces for the fallout from US President Donald Trump’s tariffs. Organic sales of fashion and leather goods … Read more

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