Stella McCartney is repurchasing the minority stake held by LVMH in the house she founded about five years after the luxury group bought it, LVMH and Stella McCartney said in a statement on Monday.
Morgan Stanley boosted its rating on LVMH Moët Hennessy - Louis Vuitton (OTCPK:LVMHF) (OTCPK:LVMUY) to Overweight from Equal-weight on Monday. The firm thinks that while LVMH (OTCPK:LVMHF) should face a number of challenges in 2025,
Stella McCartney is repurchasing the minority stake held by LVMH in the house she founded about five years after the luxury group bought it, LVMH and Stella McCartney said in a statement on Monday. The designer,
French billionaire Bernard Arnault's family is struggling to secure a deal on a much-needed new stadium for its recently acquired football team Paris FC, with compensation and other costs proving a sticking point in discussions,
He’s someone Trump really looks up to and wants to make happy,” a source said of LVMH CEO Bernard Arnault, the wealthiest man in France.
LVMH Watch Week in New York City, under La Fabrique du Temps Louis Vuitton, includes brands like Bulgari, Hublot, relaunched Daniel Roth and Gérald Genta.
French luxury behemoth LVMH is scheduled to report results for 2024 on Tuesday. Here is what you need to know. SALES FORECAST: The owner of brands Louis Vuitton and Dior is expected to report revenue of 23.
LVMH, which is controlled by the family of multibillionaire Bernard Arnault, was a major sponsor of the Summer Games in Paris.
LVMH said on Tuesday it was "impossible" to control the final destination of products sold by third-party distributors after a report said the French luxury group's champagne reached Russia even after it halted business there.
The medals were designed by a jewelry maker owned by the French luxury conglomerate, which has declined to comment on their deterioration.
Investing.com -- Morgan Stanley (NYSE: MS) lifted its rating on LVMH (EPA: LVMH) stock to Overweight from Equal Weight, citing “materially improved” prospects for the luxury fashion giant and company-specific factors.
The rest of the top ten largest companies in Europe by market cap include ASML ( ASML ), SAP SE ( SAP ), Hermès International ( OTCPK:HESAY ), Roche Holding AG ( OTCQX:RHHBY ), Accenture plc ( ACN ), Nestlé S.A ( OTCPK:NSRGY ), AstraZeneca PLC ( AZN ), and Novartis AG ( NVS ).