The Q1 sales offer an element of reassurance as consumers rein in spending on luxury goods

Bernard Arnault sizes up his heirs apparent. LVMH luxury empire's heir apparent to be the heir apparent. Bernard Arnaults has been in charge of the luxury brand since 2007. Heavily-promoted Arnault is expected to retire in the next few years.

LVMH is one of Europe's most valuable companies and home to brands such as Louis Vuitton, and Tiffany. It reported a 3% rise in first-quarter sales in the first half of the year. The luxury brand is one Europe's biggest and one of the world's most expensive.

Investors have seized on LVMH's performance as a sign of stability for the luxury industry. But it will probably be among the best. Louis Vuitton and Dior are still Wardrobe Staples. Investors seized on the fact that the company is now in a stable position.

LVMH shares rise after luxury giant's Q1 sales offer element of reassurance. Sales for the quarter ending in March rose 3% on an organic basis to 20.69 billion euros ($22 billion) Shares were up by around 2% in early session trading.

LVMH stock falls as consumers rein in spending on luxury goods. Shares fell at market close on Tuesday after the company failed to cheer investors with its latest financial results. LVMh shares fall at market closes on Tuesday. Laudaudaud: Share price drops as investors fail to cheer the company's latest results.

Louis Vuitton Capucines bag advertised by Dune actress Zendaya can cost more than £26,000. The bag is advertised by the actress, who also owns Dune. LVMH hit as luxury falls out of fashion as luxury continues to wane.