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Bottle Raiders on MSNTariffs Take a Steep Toll on Cognac and Champagne Consumption Worldwide, LVMH SaysFrench luxury giant LVMH posted a 9% sales decline in its wine-and-spirits division due to "weaker demand" in the U.S. and ...
The Hennessy brand owner saw revenues decline for its drinks unit by 8% and 9% on a reported and organic basis, to €1.3bn ($1.5bn). LVMH’s wine-and-spirits division saw its first-quarter sales decline ...
Organic revenue for Moët Hennessy declined by -9% year on year in Q1 2025, with this figure dropping from around €1.42bn to €1.31bn. The Q1 performance represents the fifth consecutive quarter of ...
Weak demand for cognac and spirits has sparked a sell-off of LVMH shares and a dip for other listed luxury brands. Shares in LVMH fell 7.25 per cent in early trade, causing the fashion behemoth to ...
But the Cognac & Spirits unit led by Hennessy fell 17% to €629 million ($713m), weighed ... up 2% to 3.2 million cases, according to Impact Databank. On the wine side, Chateau d’Esclans, Chandon, The ...
Barrel-aged gin dates back to the beginnings of the spirit's history, but it fell out of favor. A new crop of modern barrel-aged gins reveals how complex and delicious they can be. Here's everything ...
13 小时
Inquirer Business on MSNLVMH sales dip as Trump tariffs dent luxury tastesPARIS, France - Luxury giant LVMH saw sales fall two percent to 20.3 billion euros ($23 billion) in the first quarter of 2025 ...
LVMH stock tumbles 8% as Q1 sales fall short, dragging luxury peers lower amid geopolitical tensions and economic concerns.
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.
LVMH shares sank on Tuesday after the world's largest luxury group posted first quarter revenue that undershot expectations as U.S. shoppers curtailed the purchase of beauty products and cognac while ...
The French luxury group posted weaker-than-expected Q1 earnings on Tuesday, causing shares to tumble 8% while also impacting other luxury stocks. Find out more.
Themed "Vive L'art' – In Art We Live", the 32nd edition of French May promises a vibrant celebration of art and culture, featuring an international cast of talent from Hong Kong SAR and France ...
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