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LVMH shares plummet 7% as fourth-quarter results lag competitors

Summary by CNBC
LVMH shares plummeted Wednesday after the French luxury conglomerate reported mixed full-year earnings late Tuesday.

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LVMH shares fell sharply on Wednesday after fourth-quarter results disappointed investors and were hit by sluggish Chinese sales and a cautious outlook from its CEO. The shares were down 8.2% at one point, while other luxury players such as Kering, Moncler and Hermès also suffered losses. Bernard Arnault urged caution, highlighting the risks of geopolitical and economic uncertainty, while LVMH’s main fashion and leather goods division fell 3% in…

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Drapers broke the news in on Wednesday, January 28, 2026.
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