Fashion designer Kim Jones is leaving luxury group LVMH's Dior Homme brand, the label said on Friday, capping a seven-year tenure in the latest of a series of high profile designer reshuffles as the industry faces its slowest growth in years.

LVMH’s Q4 earnings show mixed results but resilience in key segments. Learn why LVMHF stock is a buy, with strong long-term growth despite margin pressures.

PARIS (Reuters) - LVMH has made a good start to 2025, CEO Bernard Arnault said on Tuesday, after the luxury conglomerate posted a slight rise in fourth-quarter sales, though analysts cautioned it may still fall short of heightened market expectations after recent share gains.

Shares in LVMH were on track for their largest drop in 14 months on Wednesday after the luxury goods group's latest sales figures disappointed investors hoping for stronger signs of a rebound at the sector bellwether.

While LVMH's results "challenge the sector narrative that all luxury companies have seen the acceleration" seen at Richemont and Burberry, it reinforces the idea of a quicker recovery this year than expected in October, analysts at Deutsche Bank said in a note to clients.

LVMH shares dropped as slightly better-than-expected full-year results from the world’s largest luxury company threw doubt over a broader sector recovery.

"LVMH sees FY24 net profit slide amid economic headwinds " was originally created and published by Retail Insight Network, a GlobalData owned brand.

The Loewe and Dior owner said multiple divisions have faced challenges as consumer luxury spending decreased following pandemic-era highs.

LVMH earned $88.27 billion in revenue in 2024, a slightly better-than-expected figure that could be signaling a turnaround in the luxury market.

SoftBank is in talks to invest up to $25 billion in ChatGPT owner OpenAI, according to a person familiar with the matter, as the Japanese conglomerate continues to expand into the sector.

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