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.

Tiffany & Co.

LVMH Moet Hennessy MC, -0.49% said it will not be able to complete the previously announced takeover of U.S.

LVMH Moet Hennessy says it won't be able to buy Tiffany

French luxury goods giant LVMH warned on Wednesday it was set to walk away from its planned takeover of U.S. jeweler Tiffany , due to complications arising over the deal.

LVMH warns it is set to drop planned Tiffany takeover

Almost eight months after French luxury goods giant LVMH Moet Hennessy Louis Vuitton SA (OTC: LVMH) and U.S.

The Tiffany's and Louis Vuitton Engagement Will Take Longer Than Anticipated

Under the deal terms, Tiffany and LVMH set Aug. 24 as the first deadline to complete, but with the proviso that one of the parties could push back that deadline as far as Nov.

LVMH and Tiffany push back deal deadline by 3 months, source says

French luxury goods giant LVMH and U.S. jewellery chain Tiffany will give themselves another three months to complete their $16.2 billion tie-up after the deal did not close on the Aug.

LVMH and Tiffany push back deal deadline by three months: source

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LVMH's shares fell on Tuesday, weighing on the broader European luxury goods sector, after the COVID-19 pandemic tore a hole into the Louis Vuitton owner's second-quarter results.

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LVMH Moët Hennessy - Louis Vuitton, Société Européenne (LVMHF) Q2 2020 Results - Earnings Call Transcript

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Ongoing disagreements between the U.S. and France have led to the long-threatened European luxury import tariffs with French handbags and cosmetics taking a hit

United States Announces French Handbag Tariff Unless Tax Disputes Settled

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The Trump administration on Friday announced additional duties of 25% on French cosmetics, handbags and other imports valued at $1.3 billion in response to France's digital services tax, but would hold off on implementing the move for up to 180 days.

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Online beauty retail has grown enormously during the Coronavirus shutdown. Physical retail stores will change to compete more effectively.

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The fallout from the coronavirus crisis will weigh on LVMH's earnings for some time yet, though there were some signs of recovery this month, executives at the world's biggest luxury goods group said on Tuesday.

LVMH expects pandemic to dampen sales for some time yet

Seafolly Pty Ltd, an Australian swimsuit maker part-owned by French fashion giant LVMH Moet Hennessy Louis Vuitton SE , appointed administrators on Monday citing a sales downturn from the coronavirus, the latest casualty of the health crisis in the country's retail sector.

LVMH-backed Australian swimsuit brand in administration due to virus

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French luxury label Christian Dior said on Monday it would press ahead with a calendar of fashion shows for this year starting in July with an Italian catwalk display - but without the celebrated front-row audience of A-listers.

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Clean beauty brand Beautycounter is joining the big leagues with a pop up in Sephora starting online in July. 
 Clean beauty brand Beautycounter is joining the big leagues with a pop up in Sephora starting online in July for a limited time.

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A beauty brand with a cultlike following, Beautycounter is moving in to the makeup retail giant Sephora — in a bid to bring its clean mission to the masses. The company has garnered a spot on CNBC's 2020 Disruptor 50 list of the world's most innovative companies.

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