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French luxury giant LVMH has indicated it has pricing power to raise the cost of its high-end products by about 2–3% annually ...
We can increase prices by 2 percent to 3 percent per year,' deputy CEO Stephane Bianchi told members of the French parliament in a hearing on Wednesday, when asked about his group's ability to offset ...
LVMH Moët Hennessy Louis Vuitton SE (LVMUY) signaled it may raise product prices to offset tariff pressures. As the world’s ...
Chinese tourists have been travelling less and buying less,” when out of the country, Stephane Bianchi told French lawmakers in a hearing on Wednesday.
LVMH's finance chief said it would be difficult to raise the prices of cognac and lower-priced beauty products.
PARIS (Reuters) - Le géant français du luxe LVMH peut augmenter ses prix d'environ 2 ou 3% par an, mais note la plus grande difficulté actuelle, pour la ...
French luxury group LVMH has noticed Chinese consumers have been travelling and spending less over the past three months, ...
LVMH deputy CEO Stephane Bianchi warned of softening Chinese luxury demand, citing a recent decline in outbound travel and spending. Speaking to French lawmakers, he reported an 11% drop in the ...
"We can increase prices by 2 per cent to 3 per cent per year," deputy CEO Stephane Bianchi told members of the French ...