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Bernard Arnault has no succession plan, and no apparent intention of unveiling one soon. Indeed, the 76-year-old chairman and CEO of LVMH could spend another decade at the helm of the $300 billion ...

Sales were "overall below the most conservative buyside expectations," Citi analysts said, with wines and spirits suffering the sharpest decline.

The French luxury group said reported sales declined 4 percent in its linchpin fashion and leather goods division, but said U ...

Investors seeking insight into the potential impact of Donald Trump’s tariffs will scrutinise any comments on the subject ...

Longleaf Partners International Fund returned +0.73% in the first quarter, trailing the relevant indexes. Read more here.

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In a report released today, Luca Solca from Bernstein maintained a Buy rating on Compagnie Financiere Richemont SA (CFR – Research Report), ...

J.P. Morgan has downgraded Pandora (OTC: PNDRY) to “neutral,” in a note dated Tuesday citing the jewellery brand’s high ...

Barclays shares fell by up to 9 per cent yesterday, while America’s JP Morgan and Goldman Sachs tanked. Banks with an exposure to Asia, such as HSBC and Standard Chartered, were even more badly hit.

Luxury names were weaker too: LVMH (-0.8%), Richemont (-2.9%), and Moncler ... defensives and underweight financials,” said Bank of America European equity analyst Sebastian Raedler.