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FILE PHOTO: A woman with a Louis Vuitton-branded shopping bag looks towards the entrance of a branch store by LVMH Moet Hennessy Louis Vuitton in Vienna, Austria October 4, 2018. REUTERS/Lisi Niesner
A lack of fresh information regarding how officials will support China's economy has affected luxury stocks.
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Louis Vuitton trunk holding Olympic medals
A custom Louis Vuitton trunk holds the Olympic medals, also designed by an LVMH brand.
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people queuing outside the Dior store in Tokyo
Tourists are flocking to Japan to take advantage of its currency downturn, buying luxury goods for less.
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Louis Vuitton
LVMH needs sales from "aspirational" customers, but offering major discounts to keep them would spell trouble for the company.
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A woman with a Louis Vuitton-branded shopping bag looks towards the entrance of a branch store by LVMH Moet Hennessy Louis Vuitton in Vienna, Austria October 4, 2018. REUTERS/Lisi Niesner
Woman with a Louis Vuitton-branded shopping bag looks towards the entrance of a branch store by LVMH Moet Hennessy Louis Vuitton in Vienna
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LVMH CEO Bernard Arnault poses with five children and wife outside
From left: Alexandre, Frederic, and Jean Arnault, Helene Mercier, and Bernard, Delphine, and Antoine Arnault.
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Jimin from BTS attends the Dior Homme Menswear Fall-Winter 2023-2024 show as part of Paris Fashion Week on January 20, 2023 in Paris, France.
BTS singer Jimin at Dior's fashion show in Paris on January 20.