Amazon's Aggressive Price Cuts Hurt Sephora's US Sales, Says LVMH CFO Cecile Cabanis: 'We Try To Avoid This Technique' - Lvmh Moet Hennessy Louis (OTC:LVMHF), Amazon.com (NASDAQ:AMZN)
1. Amazon's aggressive pricing pressures Sephora's U.S. e-commerce performance significantly. 2. LVMH reported a 3% revenue decline, missing analyst forecasts of 2% growth. 3. Economic uncertainty and tariff announcements complicate overall business conditions. 4. JPMorgan remains bullish on Amazon's e-commerce growth potential through 2025. 5. Needham suggests Amazon's e-commerce acts as a 'loss-leader' for higher profits.