The stock price of LVMH Group, the world's largest luxury goods group, fell on Tuesday. Previously, the group reported first-quarter revenue that fell short of expectations. As of press release, LVMH Group's stock price has fallen by more than 5%, dragging down the stock prices of rival luxury goods companies such as Kering Group and Hermès. On Monday, LVMH Group reported that its first-quarter sales fell 3%, far below analysts' expectations of a 2% increase. This is an initial indication that luxury goods companies may face another difficult year after US President Donald Trump's recent announcement of tariff policies raised concerns about the economic downturn. Royal Bank of Canada analyst Piral Dadhania said the results showed that “the entire luxury industry has a more difficult trading environment.” He lowered LVMH's organic sales forecast for this year from the 3% increase previously expected to remain flat on the grounds that first-quarter sales were 4% lower than expected.

The stock price of LVMH Group, the world's largest luxury goods group, fell on Tuesday. Previously, the group reported first-quarter revenue that fell short of expectations. As of press release, LVMH Group's stock price has fallen by more than 5%, dragging down the stock prices of rival luxury goods companies such as Kering Group and Hermès. On Monday, LVMH Group reported that its first-quarter sales fell 3%, far below analysts' expectations of a 2% increase. This is an initial indication that luxury goods companies may face another difficult year after US President Donald Trump's recent announcement of tariff policies raised concerns about the economic downturn. Royal Bank of Canada analyst Piral Dadhania said the results showed that “the entire luxury industry has a more difficult trading environment.” He lowered LVMH's organic sales forecast for this year from the 3% increase previously expected to remain flat on the grounds that first-quarter sales were 4% lower than expected.