LVMH just delivered a blow to investors in first quarter, reporting a 3% organic revenue decline, including a 5% drop in its largest fashion and leather goods segment.

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LVMH just delivered a blow to investors in first quarter, reporting a 3% organic revenue decline, including a 5% drop in its largest fashion and leather goods segment.
In 2025, the luxury market faces headwinds unlike any seen since the Great Recession or Covid due to the threat of tariffs to disrupt the economy and global trade.
After RH’s disastrous performance on Wall Street recently, it issued a clarification statement on Friday to answer open questions and reiterate the company’s strengths.
The State of Luxury 2025 report provides insights to help brands navigate economic shifts, evolving consumer demands, and digital transformation.
Gucci stands alongside other elite names in the luxury pantheon, such as Louis Vuitton, Dior, Hermès, Chanel and Cartier. However, under the ownership of luxury conglomerate Kering, the Gucci brand has taken quite a fall, unlike its luxury cohorts. Gucci revenues dropped by nearly 30% over the past two years, from $10.9 billion (€10.5 billion) in […]