LVMH’s CEO Bernard Arnault Does Not Deny DFS Sale As Stock Slides
French luxury conglomerate LVMH saw its stock slide by more than 6% following the Tuesday evening reveal of its 2024 annual ...
DFNI online7d
DFS to continue ‘streamlining operations’ as LVMH posts 1% growth
The luxury travel retailer continued to struggle, according to the group’s latest financial results, with investment set to ...
Herve Bouillonnec5d
LVMH buys out DFS share in La Samaritaine amid travel retailer’s ongoing restructure
The operation and the management was mainly focused on Chinese customers. We are taking it out of DFS Group to put it in LVMH to have a broader opening and broader customer base,” says LVMH Chairman & ...
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DFS Group is Shuttering the Fondaco dei Tedeschi Store in Venice
MILAN – The challenging economy impacting the luxury industry and the travel retail sector is leading DFS Group to close the commercial activities of the Fondaco dei Tedeschi store in Venice.