LVMH's Painful Upmarket Move - Presented by: The Aol. On Network

They're the world's biggest luxury group but LVMH have just reported a surprise slowdown in growth. Sales growth at its fashion and leather business, which includes Louis Vuitton, Celine and Dior, slid to 3 percent in the third quarter. Expectations were for 7-8 percent. The news pushed its stock down more than 6 percent in early trade, wiping around 4.8 billion euros off the market value.



Related Videos

Most Popular Videos

Latest Videos


Most Active by Volume

Company Last Sale Change Net / %
BAC $ 16.75 0.02 ▲ 0.12%
AAPL $ 132.54 1.15 ▲ 0.88%
ONTY $ 3.01 0.50 ▲ 19.92%
HPQ $ 34.76 0.93 ▲ 2.75%
PBR $ 9.15 0.34 ▼ 3.58%
T $ 34.71 0.36 ▼ 1.03%
MSFT $ 46.90 0.52 ▼ 1.10%
F $ 15.27 0.24 ▼ 1.55%

As of 5/22/2015, 04:15 PM