Luxury

World’s largest luxury group LVMH slumps after Q2 revenue miss

Shares in LVMH fell on Wednesday after the luxury group on Tuesday 23rd July 2024 released its earnings for the first half of 2024

Shares in the world’s largest luxury group LVMH pulled-back on Wednesday 24th July 2024 after its second-quarter sales came in below analysts expectations

Other luxury sector stocks, including Gucci-owner Kering which is set to report earnings on Wednesday 24th July, also retreated.

LVMH one year share price chart from July 2023

LVMH one year share price chart from July 2023

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