The stocks of major companies in the sector surge up to 7% after both countries have cooled down the trade war by announcing ...

Many of the world's largest luxury companies saw their share prices decline this year as the market for high-end ... and owner of brands like Louis Vuitton and Christian Dior — and Burberry ...

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.

The market capitalisation of Hermes reached ... drop in first quarter sales to 20.3 billion euros. The producer of Louis Vuitton bags reported a slight decline in US sales, where it generates ...

An ongoing slump in China’s property market was not helping consumer sentiment ... according to official data. LVMH, owner of Louis Vuitton and Christian Dior, posted a 3 per cent decline ...