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.

LVMH Moët Hennessy - Louis Vuitton, Société Européenne (LVMHF) Q4 2020 Results - Earnings Call Transcript

Booming sales at LVMH's fashion brands like Louis Vuitton, particularly in China, helped to cushion the impact of the coronavirus pandemic, which has crimped revenues at the French luxury group.

Thriving Louis Vuitton offsets drop in sales at luxury group LVMH

Tiffany & Co.

French luxury goods group LVMH plans to overhaul Tiffany & Co.'s vast merchandise lineup to increase the focus on gold and precious gems and take its silver bangles upmarket after closing the $15.8 billion takeover of the US jeweler this month. Six sources, including two people with inside knowledge of Tiffany's operations, told Reuters the.

Tiffany's lineup set for a major overhaul under new owner LVMH

LVMH showed good resilience against the pandemic crisis in 2020

Champagne sales fell 18% in volume terms in 2020 as the coronavirus pandemic shuttered drinking venues, although the decline was less than feared previously due to strong year-end demand, producers group CIVC said on Tuesday.

Champagne sales fell 18% last year as pandemic weighed: producers

French luxury goods group LVMH plans to overhaul Tiffany & Co's vast merchandise lineup to focus more on gold and precious gems while going more upmarket with its silver bangles after closing the $15.8 billion takeover of the U.S. jeweller this month.

More carats and sparkle: How LVMH plans to change Tiffany

The luxury giant LVMH offered some semblance of excitement during Paris Men's Fashion Week forced to present shows sans an audience.

Virgil Abloh's Louis Vuitton Concept Store Boosts Digital Only Men's Paris Fashion Week

Sephora pledged to stock more black-owned beauty brands and cut back on outside security guards under a new plan to combat racism in its stores. The cosmetics chain rolled out the plan Wednesday alongside the results of a survey that documented how people of color often face discrimination across the retail industry.

Sephora unveils plan to combat racism in its stores

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On January 11th, 2021, in accordance with article 4.6 of AMF decision n° 2018-01 dated July 2nd, 2018, LVMH reduced the cash amount allocated to the liquidity contract entered into with ODDO BHF SCA by 7,000,000 euros in order to bring the total amount allocated to this contract down below the €50 million threshold referred to in the AMF decision for “very liquid shares” (as defined in paragraph 3.a of article 4 of the decision).

LVMH: Reduction of the liquidity contract with ODDO BHF SCA

Shares of LVMH (EPA: MC) soared 2.6% yesterday after the luxury fashion group said it completed the takeover of Tiffany's for $15.8 billion. Fundamental analysis: Top executive to head Tiffany's LVMH said it appointed two senior Louis Vuitton executives as new directors of Tiffany and revamped the jewellery company's design team after acquiring it for $15.8 billion.

LVMH stock price hits record highs after completing Tiffany's takeover

LVMH installed the son of company founder Bernard Arnault in a new leadership team at Tiffany on Thursday after the French luxury goods group concluded its $15.8 billion acquisition of the U.S. jeweler. The conglomerate also picked two executives from its Louis Vuitton handbag brand to run Tiffany, and said it would overhaul the design team ahead of a.

LVMH gives Tiffany a makeover, promotes Arnault scion after $16B deal

LVMH Moet Hennessy Louis Vuitton (OTC: LVMUY) shares were trading higher Thursday after the company announced it had completed its acquisition of Tiffany & Co (NYSE: TIF). The deal makes this the largest acquisition ever in the luxury sector and is estimated to be worth $15.8 billion, according to Reuters.

LVMH Acquires Tiffany in $15.8B Deal, Reshuffles Management

A once-contentious acquisition ultimately ends quietly.

Marriage of Tiffany to LVMH Finally Consummated

French luxury goods group LVMH closed its $15.8 billion acquisition of U.S. jeweller Tiffany on Thursday, installing some of its senior executives to run the business.

Factbox: LVMH's jewellery and watches business

French luxury goods group LVMH on Thursday named new managers for Tiffany, including two top Louis Vuitton executives, in its first shake-up at the U.S. jeweller as it closed its $15.8 billion acquisition.

LVMH shakes up Tiffany management after $15.8 billion acquisition

LVMH Moët Hennessy Louis Vuitton SE said Thursday it has completed the acquisition of the iconic jewelry store Tiffany & Co. , after the deal hit some roadblocks during the pandemic. LVMH named Anthony Ledru new chief executive of the U.S. brand.

LVMH closes acquisition of iconic jewelry brand Tiffany

LVMH completes the acquisition of Tiffany & Co.

Tiffany & Co. Stockholders approve Amended Merger Agreement with LVMH

The deal went through a drawn-out battle after LVMH appeared to want to back out.

Tiffany Shareholders Approve LVMH Takeover

Tiffany & Co's shareholders on Wednesday approved a $15.8 billion deal with France's LVMH, ending an acrimonious dispute between the two luxury retailers that had stretched for more than a year. At a virtual special stockholder meeting, more than 99 percent of votes cast were in favor of the deal.

Tiffany shareholders back LVMH takeover, ending long dispute

U.S. jeweler Tiffany & Co's shareholders on Wednesday approved a $15.8 billion deal with France's LVMH, ending an acrimonious dispute between the two luxury retailers that had stretched for more than a year.

Tiffany shareholders back LVMH takeover, ending long-drawn dispute

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China's luxury market has proved "unstoppable" this year even as the coronavirus pandemic hammered global demand for expensive goods.

China's luxury market boomed this year, even as global sales shrank

Kohl's

The new deal between Kohl's and Sephora continues to redefine the beauty space, which has one of the best anti-online profiles of any merchandising category

For Kohl's & Sephora Beauty Is In The Eye Of The Holder

Kohl's finally has a credible plan for becoming a major force in the beauty business.

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