LVMH Posts Record Earnings on Surge in Demand for Luxury Goods

  • 📰 WSJ
  • ⏱ Reading Time:
  • 9 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 63%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

LVMH reported record annual earnings, as it rides a surge in demand for luxury goods that China’s recently loosened Covid restrictions could extend into this year

PARIS— LVMH Moët Hennessy Louis Vuitton SE reported record annual revenue and profit, as it rides a surge in demand for luxury goods that China’s

recentlyPostpandemic demand for LVMH’s dozens of brands, including fine wine, jewelry and fashion labels and upscale hotels, has cemented the group’s position as

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 98. in CA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Most important story of the millennium. That PfizerDeathCult employee talking about how they are doing Gain of Function research (DirectedEvolution ) is only blipworthy. A luxury brand, now that's news.

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Tesla Posts Record Quarterly Earnings Amid Wall Street UneaseElon Musk’s electric-car maker reported record quarterly profit for the final three months of 2022 as Wall Street hungers for clarity on the company’s growth plans, in light of apparent demand weakness. The image for this tweet is from an outdoor mall in the northern suburbs of Atlanta. I was literally in that exact spot last week. that was before Elon hopped the train to crazy town... You mean the company that staged video of their car's auto-drive functionality said that despite the slow down in sales, sales have never been better? I guess it must be true. Why would they lie?
Source: WSJ - 🏆 98. / 63 Read more »

LVMH Looks to Renewed China Luxury Spending for Earnings BumpLouis Vuitton owner LVMH reports earnings for the last quarter of 2022 amid hopes that China’s reopening will boost luxury spending as the outlook for other economies turns more uncertain
Source: WSJ - 🏆 98. / 63 Read more »

Tesla posts Q4 financial results, CEO Elon Musk weighs in on earnings callCEO Elon Musk participated in Tesla's earnings call on Wednesday as the electric vehicle and clean energy company released its fourth-quarter financial results. 📉
Source: FoxBusiness - 🏆 458. / 53 Read more »

Tesla reports record revenue and beats on earningsElectric vehicle maker Tesla reported earnings after the bell. Here are the results. The FCF number is extremely concerning 🔶Several months ago Tesla earnings plummeted. How could they rebound so quickly? Did Elon buy several hundred cars to make his earnings look good?
Source: CNBC - 🏆 12. / 72 Read more »