LVMH's Key Division Could Experience Slower Growth -- Market Talk

Dow Jones12-03

1552 GMT - LVMH's core fashion and leather goods division could experience a slower pace of growth in the short term, UBS analysts say in a note. The French luxury conglomerate has delivered sector-leading growth for years. This performance has primarily been due to the division, home to brands such as Louis Vuitton and Dior. Growth of the group's key business is set to normalize after multiple years of outperformance compared to peers, UBS says. The current uncertain environment for the luxury industry is marked by a slowdown in demand for high-end goods. The analysts forecast organic sales growth of 2% in 2025 for LVMH's fashion and leather goods division, broadly in line with peers. Shares are up 0.4% at 608.10 euros. (andrea.figueras@wsj.com)

(END) Dow Jones Newswires

December 03, 2024 10:52 ET (15:52 GMT)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2488194298?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-12-03 23:52","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2488194298","market":"fut","top_or_hot":-1,"title":"LVMH's Key Division Could Experience Slower Growth -- Market Talk","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     1552 GMT - LVMH's core fashion and leather goods division could experience a slower pace of growth in the short term, UBS analysts say in a note. The French luxury conglomerate has delivered sector-leading growth for years. This performance has primarily been due to the division, home to brands such as Louis Vuitton and Dior. Growth of the group's key business is set to normalize after multiple years of outperformance compared to peers, UBS says. The current uncertain environment for the luxury industry is marked by a slowdown in demand for high-end goods. The analysts forecast organic sales growth of 2% in 2025 for LVMH's fashion and leather goods division, broadly in line with peers. Shares are up 0.4% at 608.10 euros. (andrea.figueras@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  December 03, 2024 10:52 ET (15:52 GMT)\n</p>\n<p>\n  Copyright (c) 2024 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>LVMH's Key Division Could Experience Slower Growth -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nLVMH's Key Division Could Experience Slower Growth -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-12-03 23:52 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://dowjonesnews.com/newdjn/logon.aspx?AL=N><strong>Dow Jones</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>1552 GMT - LVMH's core fashion and leather goods division could experience a slower pace of growth in the short term, UBS analysts say in a note. The French luxury conglomerate has delivered sector-...</p>\n\n<a href=\"https://dowjonesnews.com/newdjn/logon.aspx?AL=N\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4585","symbol_name":"ETF&股票定投概念","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2488194298","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2488194298","pubTimestamp":1733241120,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"1552 GMT - LVMH's core fashion and leather goods division could experience a slower pace of growth in the short term, UBS analysts say in a note. The French luxury conglomerate has delivered sector-leading growth for years. This performance has primarily been due to the division, home to brands such as Louis Vuitton and Dior. Growth of the group's key business is set to normalize after multiple years of outperformance compared to peers, UBS says. The current uncertain environment for the luxury industry is marked by a slowdown in demand for high-end goods. The analysts forecast organic sales growth of 2% in 2025 for LVMH's fashion and leather goods division, broadly in line with peers. Shares are up 0.4% at 608.10 euros. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4585":"ETF&股票定投概念","LVMUY":"路易威登","BK4588":"碎股","BK4202":"服装、服饰与奢侈品"},"translate_title":"LVMH的关键部门可能会经历增长放缓——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"LVMUY":0.9},"content_text":"1552 GMT - LVMH's core fashion and leather goods division could experience a slower pace of growth in the short term, UBS analysts say in a note. The French luxury conglomerate has delivered sector-leading growth for years. This performance has primarily been due to the division, home to brands such as Louis Vuitton and Dior. Growth of the group's key business is set to normalize after multiple years of outperformance compared to peers, UBS says. The current uncertain environment for the luxury industry is marked by a slowdown in demand for high-end goods. The analysts forecast organic sales growth of 2% in 2025 for LVMH's fashion and leather goods division, broadly in line with peers. Shares are up 0.4% at 608.10 euros. (andrea.figueras@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  December 03, 2024 10:52 ET (15:52 GMT)\n\n\n  Copyright (c) 2024 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2488194298"}