LVMH, the parent company of Louis Vuitton, saw a 9% organic sales decline in fashion and leather goods in the second quarter, with an expected decline of 7.82%. Second-quarter revenue was €19.50 billion, with an expectation of €19.58 billion

Wallstreetcn
2025.07.24 15:50
portai
I'm PortAI, I can summarize articles.

LVMH, the parent company of Louis Vuitton, saw a 9% organic sales decline in fashion and leather goods in the second quarter of 2023, worse than the expected 7.82% decline. The revenue for the quarter was €19.50 billion, slightly below the expected €19.58 billion

LVMH, the parent company of Louis Vuitton, saw a 9% organic sales decline in its fashion and leather goods segment in the second quarter, compared to an expected decline of 7.82%. Revenue for the second quarter was €19.5 billion, with an expectation of €19.58 billion.

Risk Warning and Disclaimer

The market carries risks, and investment should be approached with caution. This article does not constitute personal investment advice and does not take into account the specific investment goals, financial situation, or needs of individual users. Users should consider whether any opinions, views, or conclusions in this article align with their specific circumstances. Investment based on this is at one's own risk