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Shares in Louis Vuitton's owner sank Tuesday, after the company said sales fell 3% over the three months through March compared with a year earlier. The stock dropped 7.8% in Paris.
LVMH Moët Hennessy -- Louis Vuitton (OTC: LVMUY ... enacted by white-shoe investment bank Morgan Stanley. After market hours Monday, the company's pundit Edouard Aubin changed his tag on ...
Luxury analysts calculated the average increase at 4 percent as the French brand seeks to mitigate the impact of the Trump administration's tariffs.
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But since the high-profile opening, the factory has faced a host of problems limiting production, 11 former Louis Vuitton employees told Reuters. The site has consistently ranked among the worst ...
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