Month: October 2024

LVMH

LVMH Q3 Sales Drop 3% Amid Fashion & Leather Goods Slowdown

On September 15, French luxury conglomerate LVMH (Moët Hennessy Louis Vuitton) announced its third-quarter results for 2024. Although overall sales reached €19.076 billion (approximately $21 billion), organic sales declined by 3%, falling significantly short of analysts’ expectations.