LVMH CFO Cécile Cabanis, during the company's Q1 2025 earnings call, said Amazon's presence is hitting Sephora's momentum online because of its "aggressive" pricing strategy. LVMH reported ...

Amazon has been an investor in Saks Global, Saks Fifth Avenue’s parent company, since December, when Saks Global purchased ...

Amazon.com Inc.‘s AMZN aggressive pricing tactics are putting pressure on Sephora’s e-commerce performance in the U.S., LVMH Moët Hennessy Louis Vuitton LVMHF CFO Cecile Cabanis revealed ...

LVMH's first-quarter revenue undershot expectations, as shoppers in the United States pulled back on beauty products and drinks while sales in China stayed weak, the world's largest luxury group said ...

Amazon's Aggressive Price Cuts Hurt Sephora's US Sales, Says LVMH CFO Cecile Cabanis: 'We Try To Avoid This Technique' Amazon's aggressive pricing tactics are putting pressure on Sephora's e ...

LVMH group's wine and spirits business Moet Hennessy will shrink its workforce by more than 10%, about 1,200 employees, the ...

LVMH lost its position on Tuesday as Europe’s largest luxury company in terms of market capitalization after being overtaken by rival Hermès due to investor pessimism after disappointing first ...

LVMH's New York-listed depositary receipts fell ... "The U.S. deceleration was essentially driven by Sephora," Cabanis said, adding that Amazon.com was "very aggressive" on prices.