LVMH Moet Hennessy Louis Vuitton

LVMH Moët Hennessy Louis Vuitton SE engages in the manufacture of luxury goods. It operates through the following business segments: Wines & Spirits, Fashion & Leather Goods, Perfumes & Cosmetics, Watches & Jewelry, Selective Retailing, and Other Activities & Eliminations. The Wines & Spirits segment produces and sells high quality champagne wines and sparkling wines. It also distributes vodka and white liquor. The Fashion & Leather Goods segment engages in the manufacture of luggage items, bags, accessories, shoes and clothes. The Perfumes & Cosmetics segment engages in the production and distribution of make-up, perfume and skin care products. The Watches & Jewelry segment manufactures luxury watches and accessories for men and women. It specializes in the field of chronographs and ultimate precision. The Selective Retailing segment is organized to promote an environment that is appropriate to the image and status of the luxury brands. It engages in the sale of luxury products to international travelers and on board cruise ships. This segment also manages beauty stores that combine direct access and customer assistance to customers. The Other Activities & Eliminations segment includes media division. It publishes newspapers and magazines, manages business and financial websites and holds radio stations. This segment also engages in the real estate industry and builds luxury yachts. The company was founded on January 1, 1987 and is headquartered in Paris, France.

Luxury-brands firm LVMH reported nine-months revenue of €60.8 billion, reflecting slight growth, and strong spending by Chinese customers in Europe and Japan.

LVMH Stock Sandbags the Luxury Sector Following Latest Results

The French luxury empire said the decline in revenue during the quarter was mainly due to lower growth in Japan.

Louis Vuitton Owner LVMH Misses Revenue Expectations

French luxury giant LVMH reported a 3% fall in third-quarter sales, undershooting estimates in its first decline in quarterly sales since the pandemic and offering little reassurance to investors worried about the sector's outlook.

LVMH sales fall 3% as China demand for luxury goods worsens

Paris, October 15, 2024 LVMH Moët Hennessy Louis Vuitton, the world's leading high-quality products group, recorded revenue of €60.8 billion in the first nine months of 2024, stable on a constant consolidation scope and currency basis despite the current context and a high basis of comparison, following several years of exceptional post-Covid growth. Europe and the United States posted slight growth on a constant consolidation scope and currency basis; Japan continued to achieve double-digit revenue growth; the rest of Asia reflected in particular the strong growth in spending by Chinese customers in Europe and Japan.

LVMH shows good resilience in the current context

Investors in French luxury group LVMH are eager for signs that China's new fiscal stimulus measures can finally pull wealthy and middle-class Chinese shoppers out of their funk, inspiring them to splash out on $4,300 designer leather handbags ahead of Singles Day, China's largest annual shopping spree.

LVMH investors jittery over anaemic China demand for European designer goods

Recent results show some weakness in certain segments, but overall performance remains solid, making LVMH an attractive investment below €650/share. LVMH has seen a decline in valuation, but offers significant safety, growth potential, and upside with an AA credit rating. Despite challenges, LVMH remains a strong investment opportunity with a market cap of over 325B EUR.

LVMH: Still Has Significant Upside, And The Premium Here 'Works'

DFS Group's CEO since the early days of the pandemic, Benjamin Vuchot, is stepping down “to pursue other professional interests” according to a statement from French parent LVMH Moët Hennessy Louis Vuitton.

LVMH-Owned Luxury Retailer DFS Loses CEO At A Difficult Time

GDS Hlds

Pinduoduo Inc - ADR

China stocks and China-related stocks fell back to earth after a huge run-up over the past month.

Why PDD Holdings, LVMH, and GDS Holdings Sank Today

Mulberry Group (AIM:MUL) founder Roger Saul has suggested that global luxury titan LVMH “could step in” to support the ailing high-end handbag company. Speaking to This is Money, Saul made the comment in the wake of an unsuccessful attempt by minority shareholder, Mike Ashley's Frasers Group PLC (LSE:FRAS), to take over the business entirely.

LVMH would be a good suitor for Mulberry, says founder

Liberty Media-owned Formula One and luxury giant LVMH are entering into a 10-year partnership, according to a joint press release from Wednesday afternoon.  The partnership will officially launch at the start of next F1 season and will include "hospitality, bespoke activations, limited editions and outstanding content.

LVMH and Formula One announce 10-year partnership

LVMH and Ruffini Partecipazioni Holding have agreed not to increase their stake in Moncler to more than 20% in the next three years after the French luxury giant invested in the Italian outerwear company.

LVMH and Ruffini group won't increase Moncler stake beyond 20%

Famed fashion designer Hedi Slimane has left LVMH's Celine brand, the company said on Wednesday, the latest in a series of designer departures as the industry grapples with a downturn in sales.

Fashion designer Hedi Slimane leaves LVMH's Celine

Paris, October 1st, 2024 The disclosure of share transactions carried out from September 23rd to September 27th, 2024 was sent to the AMF on October 1st, 2024. As required by current law, this document is publically available and can be consulted on the Company's website (www.lvmh.com) under the section «regulated information».

LVMH: Share transactions disclosure

The luxury sector has seen a recent upturn, propelling Bernard Arnault, the CEO of Louis Vuitton Moët Hennessy (LVMH), to reclaim his position as the third richest person in the world. In less than a week, Arnault's net worth surged by $30 billion, surpassing Meta's Mark Zuckerberg, according to the Bloomberg Billionaire's Index.

Bernard Arnault surpasses Mark Zuckerberg as world's 3rd richest, LVMH shares skyrocket 14%

Hermes International

We focus on high-quality investments, favouring companies with strong competitive advantages that consistently outperform, even if they come with higher valuations. Recently, we sold LVMH but repurchased it after a significant market cap drop, also adding Hermès International to our portfolio. The luxury sector offers compelling long-term growth opportunities, making it an attractive space for buy-and-hold investors.

LVMH And Hermes International, Luxury Alpha

Bernard Arnault's net worth has soared by $24 billion in four days to $201 billion. The LVMH CEO is set to leapfrog Mark Zuckerberg and become the world's third-richest person.

LVMH's Bernard Arnault set to overtake Mark Zuckerberg as the world's 3rd-richest person after $24 billion wealth surge

Global luxury giant LVMH has secured a seat on the board of Italian luxury icon Moncler after striking a deal with Moncler's chief executive, chairman and largest shareholder Remo Ruffini. LVMH acquired a 10% stake in Ruffini's investment vehicle Double R, which currently owns a 15.8% stake in Milan-listed Moncler.

LVMH secures seat on Moncler board via ‘opportune' luxury acquisition

LVMH is investing in Moncler in a transaction that gives the luxury heavyweight a seat on the board of the Italian fashion company, best known for its pricey puffer jackets.

LVMH Expands Industry Influence With Investment in Moncler

Shares in Moncler and LVMH were sharply higher in early trading on Friday after the owner of Louis Vuitton and Moet & Chandon champagne invested in the Italian outerwear specialist, in a deal which will give it a seat on the board.

Italy's Moncler shares trade higher after LVMH deal

Moncler's Chairman and CEO Remo Ruffini is tightening his control of the outerwear specialist after striking a deal with LVMH , which will partner with Ruffini to fund an expanded investment in the Italian company.

Moncler CEO strengthens grip on company with LVMH deal

A sustained Chinese economic recovery is necessary for a turnaround.

LVMH Stock Soars on China Stimulus Hopes. What to Do With Luxury Shares Now.

Burberry Group PLC

Luxury stocks, including Burberry Group PLC (LSE:BRBY), Watches of Switzerland Group PLC (LSE:WOSG) and Louis Vuitton Moet Hennessy (EPA:MC) sashayed higher on Thursday on investor excitement about China potentially unleashing further economic support meaures.  Kering, the owner of Gucci, Saint Laurent, Balenciaga and Alexander McQueen, saw its shares leap over 10% in afternoon trading, with LVMH, Hermes International and Eastee Lauder both jumping over 9% in Paris.

Burberry, LVMH and other European luxury retailers surge on China stimulus hopes

Investment analysts at UBS have warned that weakening sales growth at LVMH is posing a risk to margins and causing a delay to a potential recovery phase for the global luxury bellwether. UBS analyst Zuzanna Pusz expects to see decelerating organic sales growth (OSG) in the third quarter, despite an easier comparable basis.

‘No recovery in sight' for LVMH, warn analysts

Bernard Arnault has gone from the world's wealthiest person to being on the brink of dropping to fifth. The LVMH CEO's net worth has tanked by $54 billion from its March peak, and $30 billion so far this year.

LVMH's Bernard Arnault has gone from the world's richest person to flirting with 5th place after a $54 billion wipeout

With a raft of speakers ranging from LVMH and L'Oréal to BNP Paribas, new start-up zone and dedicated Artificial Intelligence theater, business to business technology event, CloserStill Media's Tech Show Paris, is ramping up for its third edition.

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