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.

A Paris judge approved a 10 million euro ($11.27 million) settlement with LVMH on Friday that closes a criminal probe into the luxury group's role in a spying case involving the former top boss of France's security services.

Paris judge approves 10 million euro settlement with LVMH in spy case

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CEO Bernard Arnault's empire expanded as household wealth surged, making him briefly the world's richest man. What lies ahead for the company.

LVMH Has Thrived During the Pandemic. The Gains Can Continue.

France's LVMH has reached an agreement with Italian group Marcolin to buy a 49% stake in eyewear designer Thelios, the two companies said on Friday in a joint statement.

LVMH to buy Marcolin's 49% stake in joint-venture Thelios

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An interim dividend payment of €3.00 per share will be paid on Thursday, December 2nd, 2021.

LVMH: 2021 Interim dividend

Abloh was associated with Louis Vuitton and his own brand Off-White.

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Untouched by the pandemic or inflation, the high-class conglomerate has rivals on the run.

Why LVMH's Future Looks Luxuriously Lush

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Kohl's-Sephora Partnership Bearing Financial Fruit

Louis Vuitton is considering opening its first duty free store in China on the emerging luxury island hub of Hainan, according to two sources, in a move that would mark a new approach for the world's largest luxury label.

Exclusive-In strategy shift, Louis Vuitton considers first duty free store in China's Hainan

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LVMH reported strong organic revenue growth of 40% for 9M 2021 vs 2020 and 11% vs 2019. The biggest segment Fashion & Leather Goods announced a record organic revenue, up 57% vs 2020.

LVMH's Strong Recovery Continues

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Shares in French luxury goods companies LVMH and Kering fell on Monday after weak economic numbers from China, a leading market for many of the world's top fashion companies.

French luxury goods groups' shares hit by weak Chinese data

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The latest results show deluxe products still performing well around the globe.

Why Capri and LV Moet Hennessy Show the Luxury Bull Run Isn't Over

Italian fashion group OTB has joined a consortium formed by luxury goods heavyweights LVMH, Prada and Richemont-owned Cartier that uses blockchain technology to trace the origin of high-end products to fight counterfeiting.

Italian fashion group OTB joins LVMH-led blockchain platform

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LVMH has Powered Through the Pandemic. Here's Why Its Fortunes May Change

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Shares of software giant SAP powered higher in Europe on Wednesday, lifted by a positive financial update, while equally upbeat news drove up stock in LVMH Moet Hennessey, adding to the wealth pile of the world's third-richest person.

Europe Markets: SAP boosts Europe tech stocks, while world's third-richest man adds to his billions as LVMH shares gain

Shares in LVMH were flat in early trading on Wednesday after the French luxury giant posted a strong rise in sales in its fashion and leather goods division in the third quarter.

LVMH shares flat after its Q3 revenues

Sales at French luxury giant LVMH grew by 20% in the third quarter, fuelled by appetite for high-end fashion from consumers eager to splash out following months of pandemic lockdowns.

Luxury giant LVMH says third quarter sales grew by 20%

Luxury group LVMH has purchased French perfume and cosmetics company Officine Universelle Buly 1803 with an eye to expanding it abroad, adding to its sprawling empire of high end labels.

LVMH buys perfume company Officine Universelle Buly 1803

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LVMH aims to hire 25,000 people under 30 years of age by the end of 2022, the French luxury behemoth said on Wednesday, as it accelerates recruitment to meet brisk demand for high end goods.

French luxury group LVMH seeks 25,000 young staff in recruitment drive

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The shares of luxury goods giant LVMH lost more than 10% in a week, as a speech from Chinese President Xi Jinping spooked investors. China is central to the bull thesis behind luxury goods stocks, meaning that any adverse developments there are worth monitoring.

News for LVMH Moet Hennessy Louis Vuitton Stock (LVMUY)