LVMH LVMH Shares Drop as Customers Complain About Price Increase and Alleged Quality Decline The recent news of LVMH, the giant fashion conglomerate that owns Louis Vuitton, Christian Dior, Fendi, Celine and many others, has posted a decline of 7% shares recently.
2.55 Chanel Bag Luxury Brands Dying, Reports Claim Chanel, Dior, Gucci Allegedly OUTPRICED Themselves It seems that in contrast to a few years ago, there have been a significantly lesser amount of social media users doing unboxing hauls for their luxury brands. Additionally, some reported that Chanel has not had a price increase in September as they traditionally had.
Designer Brands LVMH Sales DOWN, Demand for Luxury Bags DROPPING Among High End Customers According to Fortune, LVMH, the French luxury conglomerate renowned for apparel, watches, and spirits, witnessed a slowdown in sales growth in early 2024.
