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LVMH Shares Surge 13% as Luxury Giant Returns to Growth and Strengthens Global Market Leadership

Shares of LVMH Moët Hennessy Louis Vuitton SE surged nearly 13% on Wednesday, marking the company’s strongest market reaction this year after it reported a long-awaited return to growth and reaffirmed its dominance in the global luxury sector. In its third-quarter earnings update released Tuesday evening, the French luxury powerhouse reported 1% organic revenue growth […]

Aston Martin Warns of Deeper Losses as U.S. Tariffs, China Weakness Bite

Aston Martin on Monday issued a stark profit warning, projecting annual losses exceeding £110 million for 2025, citing mounting pressures from U.S. import tariffs, weakening demand in China, and production challenges, according to a Reuters summary. The British luxury carmaker revealed that its third-quarter deliveries fell short—1,430 units versus 1,641 in the same period a […]

Ferrari Q1 2025 Earnings Soar: Revenue Up 18% as Luxury Demand Defies Economic Slowdown

Ferrari NV stunned markets with a powerhouse first quarter in 2025, posting €1.8 billion in revenue – an 18% year-over-year leap – as affluent buyers worldwide continued to splurge on its high-margin luxury cars and ultra-exclusive customization services. Net profit roared to €450 million, marking a 22% surge that defied analyst projections and cemented Ferrari’s […]