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Stephanie Batchelor: Milford Asset Management analyst on LVMH's shares dropping

Stephanie Batchelor: Milford Asset Management analyst on LVMH's shares dropping

Heather du Plessis-Allan Drive · Newstalk ZB

October 23, 20243m 32s

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Show Notes

As the latest US earnings season picks up, one famed luxury good company has caught attention for all the wrong reasons.

LVMH's earnings report left investors disappointed, with its key Fashion & Leather Goods division seeing a 5 percent revenue drop this quarter.

Milford Asset Management's Stephanie Batchelor explains what's causing this drop.

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Topics

businessretailLVMH