Steen & Strøm (S&S), the world’s oldest continuously running department store, has recorded a 14% increase in sales on a yearly basis to June 2024. In ...
luxury goods sales have experienced a sharp decline this year, especially in China due to the property market slump and job insecurity. The departure comes as LVMH makes other strategic moves, such as ...
Since March 2024, shares of LVMH (LVMHF) traded in a sustained downtrend. Markets are worried about the increasingly bearish conditions for luxury brands. This sentiment ended last week when LVMH ...