LVMHF LVMH Moet Hennessy Louis Vuitton
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LVMH Moet Hennessy Louis Vuitton News
Ulta Beauty (ULTA.US) is looking for new growth points and is focusing on the children’s makeup toy sector.
Cosmetic retailer Ulta Beauty is launching a new product line: toy makeup.
Mohamed El-Erian Calls Michel Barnier's Ouster An Example Of 'Messy Politics,' Notes Greek And French Bonds Achieving Historic Parity
French Government Collapses After Vote Of No Confidence
LVMH Moet Hennessy Louis Vuitton To Go Ex-Dividend On December 2nd, 2024 With 6.06925 USD Dividend Per Share
November 28th (Eastern Time) - $LVMH Moet Hennessy Louis Vuitton(LVMHF.US)$ is trading ex-dividend on December 2nd, 2024.Shareholders of record on December 3rd, 2024 will receive 6.06925 USD
Hennessy plans to move the Cognac bottling process to china, leading to half of the workers at the French factory going on strike.
On November 20th, according to French media, the French luxury goods group LVMH's Hennessy is studying the possibility of relocating the Cognac barreling process to china. China is Hennessy's second-largest export market, with an export volume reaching 1.7 billion dollars last year. Hennessy stated that following the implementation of anti-dumping measures in china, the company is considering all options, including shipping Cognac to china for bottling, emphasizing that a final decision will be made based on the results of tests. This news prompted half of the company's French factory workers (about 500 people) to strike on Tuesday, concerning its impact on the local job market. The French General Confederation of Labor (CGT) stated.
Coming Undone: Balance Restored in Luxury Category as Tapestry and Capri Call off Merger
Appointments
LVMH Plans to Take a Minority Stake in Eyewear Brand Mykita
Luxury goods giant LVMH and others such as Lureway and Kaiteng established a consumer equity fund in Guangzhou.
According to Tianyancha, recently, Luweikaiteng (Guangzhou) Consumer Equity Investment Fund Partnership Enterprise (Limited Partnership) was established, with the executive transaction partner being Luweikaiteng (Chengdu) Private Equity Fund Management Co., Ltd., with a contribution of approximately 0.94 billion RMB, operating in the private equity fund business activities such as equity investment, investment management, and asset management. The partner information shows that the fund is jointly funded by Luweikaiteng's Lu Kai (Hainan) Investment Partnership Enterprise (Limited Partnership), Luweikaiteng (Chengdu) Private Equity Fund Management Co., Ltd., and the Greater Bay Area Cultural Industry Investment Fund Management Co., Ltd.
Peloton Keeps Rallying Ahead of Its Earnings Report This Week
LVMH Announces the Launch of an International Employee Shareholding Plan, LVMH Shares
LVMH Group: Q3 organic sales of fashion and leather goods fell by 5%, below expectations.
On October 15th, LVMH Group's organic sales of fashion and fur declined by 5% in the third quarter, with analysts expecting an increase of 0.48%; organic sales of wine and spirits decreased by 7% in the third quarter, with analysts expecting a decrease of 2.41%; revenue in the third quarter was 19.08 billion euros, analysts expected 20.05 billion euros.
LVMH 9M Organic Growth 6%; 9M Revenue €60.8 Billion; Q3 Revenue Of €19.08B Vs €20.33B Est; Organic Revenue Down -3% Vs +2% Est; Fashion And Leather Goods Revenue At €9.15B Vs €9.82B Est; Organic Revenue For Fashion And Leather Goods Declines 5% Vs +4% Est
Long High-end Retail and Short Low-end Retail Through 2024 – Wolfe Research
'LVMH Took Over the Paris Olympics. Now It's Snagged Formula One; From Louis Vuitton Trophy Cases to Moët & Chandon on the Podium, Bernard Arnault's Luxury Conglomerate Pulls Out the Stops in a Sign of F1's Global Ascendence'- WSJ
Formula 1 and LVMH Announce Historic 10-year Global Partnership
LVMH Announces That It Has Sold Off-White LLC, Company Which Owns Off-White Brand, To Bluestar Alliance; Terms Of The Transaction Are Not Being Disclosed
LVMH European stocks surged more than 5%.
Grace 26th September｜LVMH in the European market surged more than 5%, the largest increase since April.
Live On CNBC, Amy Raskin Announced Trimmed LVMH-Moet Hennessy Louis Vuitton Position
According to reports, the head of LVMH's luxury retail department is expected to resign.
Gelonghui September 25th | Informed sources said that Chris de Lapuente, Chief Executive Officer of the luxury retail department of LVMH Moët Hennessy Louis Vuitton Group, is about to leave, and this news may be announced this week. Chris de Lapuente joined LVMH in 2011 and served as President and CEO of Sephora.
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