LVMUY - LVMH Moët Hennessy Louis Vuitton S.E.

Other OTC - Other OTC Delayed Price. Currency in USD
57.65
+1.10 (+1.94%)
At close: 3:59PM EST
Stock chart is not supported by your current browser
Previous Close56.55
Open57.48
Bid0.000 x 0
Ask0.000 x 0
Day's Range57.13 - 57.80
52 Week Range54.36 - 73.61
Volume212,023
Avg. Volume177,917
Market Cap144.767B
Beta (3Y Monthly)0.51
PE Ratio (TTM)20.76
EPS (TTM)2.777
Earnings DateN/A
Forward Dividend & Yield0.91 (1.57%)
Ex-Dividend Date2018-11-30
1y Target EstN/A
Trade prices are not sourced from all markets
  • 7 Retail Stocks to Buy for the Rise of Menswear
    InvestorPlace2 days ago

    7 Retail Stocks to Buy for the Rise of Menswear

    Are you looking for apparel and retail stocks to buy for the long haul? If so, you might want to spend less time checking out the Victoria's Secret's of the world and focus on companies winning with menswear. Why? InvestorPlace - Stock Market News, Stock Advice & Trading Tips Menswear is hot. So hot, experts expect women's clothing to take a backseat over the next few years with men taking center stage for the first time in a long while. Gartner L2, a company that specializes in business intelligence, suggests that within two years, men's clothing will be growing at a faster pace than women's clothing. Another business intelligence firm, Euromonitor International, expects men's clothing to outpace women's clothing for the next years, perhaps longer. "Fashion has always been about women but men are finally having their time," Lizzy Bowring, catwalk director at trend-forecasting agency WSGN, told Business Insider. "It's the younger men that are driving the push for menswear. These men are more savvy and aware, and there is a lot of competition to look the part." Just because younger men want to look better, it doesn't mean they always want to walk around in a suit. This means investors can't make assumptions about which companies will win the battle for the male shopper. * 7 Stocks to Buy as the Dollar Weakens With that in mind, here are seven stocks to buy that cover the entire spectrum of menswear. ### Retail Stocks to Buy: LVMH (LVMUY) If you only can buy one stock that should benefit in the trend toward menswear, I believe LVMH (OTCMKTS:LVMUY) is an excellent choice because of its diversification. While LVMH -- the owner of Louis Vuitton -- does a lot of business with women, it also has an interesting array of brands that are focused on the male consumer. Whether it be shirtmaker Pink, watchmaker Tag Heuer, yachtmaker Royal Van Lent, or whiskey maker Glenmorangie, there's something for every taste and price point. Furthermore, if there's one thing I know about CEO Bernard Arnault, one of the five richest people on the planet, it's that he can spot a trend a mile away and then capitalize on it. I know it is over-the-counter, which makes it tough to purchase, but owning this stock will make you a lot of money over the long haul, even if its various fashion houses don't move further into menswear. ### Retail Stocks to Buy: VF (VFC) Source: Andy Via Flickr Although the apparel conglomerate is in the process of spinning off its Lee and Wrangler jeans business -- which generated $2.5 billion in revenue in its most recent annual report and tends to focus on a male customer -- VF (NYSE:VFC) has plenty of other businesses catering to men. While all three of VFC's major brands: Vans, The North Face and Timberland, appeal to both men and women, the fact that research shows menswear is expected to lead the way over the next few years can make sure each of those businesses will bring plenty to market for its male customers in that time. That's especially true for Vans, the company's hot footwear brand, that grew sales by 26% in the second quarter. Once dying on the vine, it's a brand in revival mode. "For the first time in years, we've seen Nike share moderate as a preferred brand," senior research analyst Erin Murphy said in a statement last May. "Offsetting this weakness, we've seen an unexpected rise in trends like streetwear with Vans and Supreme gaining momentum." * 10 Growth Stocks With the Future Written All Over Them As VF continues to tweak its apparel portfolio, I'd be surprised if it didn't make a reasonably sizable acquisition in the next 12 months -- one that caters to a male audience. ### Retail Stocks to Buy: Lululemon (LULU) Source: Shutterstock When Lululemon (NASDAQ:LULU) came out with its ambitious plan for growth in early 2016, investors were skeptical it could achieve them. One of the goals set by then CEO Laurent Potdevin was to reach $1 billion in sales for its men's line by 2020. That went along with plans to reach $4 billion in global sales and $1 billion in e-commerce revenue. When the company first started out on its five-year plan, men's clothing was just beginning to gain traction. Now, it represents approximately 22% of the company's overall revenue, and its quarterly growth continues to accelerate with the company admitting in its most recent conference call that the line would hit $1 billion in revenue before the end of 2020. As I stated in my most recent article about Lululemon, the only thing that stands in the way of LULU reaching all of its goals for 2020 is a recession in 2019. Since that's unlikely -- despite the president's best efforts -- it remains one of my favorite stocks to buy for this year and beyond. ### Retail Stocks to Buy: Oxford Industries (OXM) Source: Shutterstock Unless you follow the apparel industry closely, you likely haven't heard of this Atlanta-based company, but you likely have heard of one or more of its three main brands: Tommy Bahama, Lilly Pulitzer, and Southern Tide. I came to follow Oxford Industries (NYSE:OXM) when it acquired Southern Tide in 2016 for $85 million. I had stumbled onto the men's sportswear brand a couple of years before the acquisition. I liked the look of its clothing; not to mention its Skipjack logo was different from all the other animals and mammals that are stuck on golf shirts to make them look preppy. Anyway, the company's latest quarterly report might not have gotten investors all revved up -- its Q3 2018 earnings announced in December were $0.14 a share, three cents shy of the consensus estimate and three cents lower than a year earlier with revenues that also missed analyst expectations -- but with menswear ready to take a front seat in the apparel business in 2019 and beyond, Southern Tide and Tommy Bahama make a pretty good one, two punch. * 7 Oversold Small-Cap Stocks With Massive Profit Growth When you consider that it's got a PEG ratio of 9.1, 100 basis points less than Lululemon, anywhere below $75 is growth at a reasonable price. ### Retail Stocks to Buy: Columbia Sportswear (COLM) Source: McArthurGlen Designer Outlets via Flickr (modified) Like a lot of the businesses I've recommended as stocks to buy to take advantage of the menswear boom, Columbia Sportswear (NASDAQ:COLM) sells a lot of apparel and footwear to both sexes. A majority of the company's sales are generated by its legacy Columbia brand with smaller contributions from prAna, Sorel, and Mountain Headwear. The three other brands were all acquisitions: Mountain Headwear was acquired in 2003 for $36 million including debt; Sorel was bought out of bankruptcy in 2012 for $8 million, and prAna was acquired in 2014 for $190 million. In the company's most recent third-quarter report, the three smaller brands generated $155 million with Columbia delivering $641 million in sales. While there's no question that Columbia drives its business -- Q3 2018 revenues grew by 8% on a constant currency basis -- the Sorel business got the company into footwear at a very reasonable price; in fiscal 2017, Sorel's revenues grew 6% year over year to $229 million. In the latest quarter, Sorel's sales grew 13% on a constant currency basis. Although COLM is down 1.6% year to date through January 16, it's got a streak going of seven consecutive years of calendar-year gains; providing investors with very consistent returns over to ### Retail Stocks to Buy: Zumiez (ZUMZ) Source: Shutterstock Although the action-sports apparel retailer sells both men's and women's clothing, Zumiez (NASDAQ:ZUMZ) generates a large chunk of its revenue from one specific category. 41% of revenue came from men's clothing in 2017 -- with accessories (18%), footwear (16%), women's apparel (14%) and hardgoods (11%) accounting for the rest. One of the few companies left to report monthly same-store sales, Zumiez grew December comps by 4.9%; that's on top of 7.9% same-store sales growth a year earlier for a two-year average of 6.4%. As a result of its strong December sales, Zumiez upped its Q4 2018 guidance on January 9, and now expects 3% same-store sales growth in Q4, up from its previous estimate of 0%-2%. In addition, it raised the bottom-end of its EPS guidance by six cents and its top-end projection by two cents to $1.10 a share. At the top end of earnings, Zumiez will have grown Q4 2018 earnings per share by 38% compared to a year earlier. * Top 10 Global Stock Ideas for 2019 From RBC Capital With all the success of action sports brands like Vans, investors can expect more good news from Zumiez in fiscal 2019. ### Retail Stocks to Buy: Foot Locker (FL) Source: Shutterstock 2018 was an interesting year for Foot Locker (NYSE:FL) stock. It recovered from a precipitous drop in 2017 that saw the company's value cut by 61% between May and November and delivered a total return of 16% this past year. Up 6% year-to-date through January 16, it looks as though Foot Locker stock has some momentum heading into the remainder of 2019. What's changed? Foot Locker's close association with Nike (NYSE:NKE) -- 66% of sales -- is starting to pay dividends given the strong demand at the moment for Swoosh-related products. "We feel really great about the growth in digital as we've stressed continuously in our prepared remarks, but we also mentioned the increase on the wholesale side beyond expectations there," Nike CEO Mark Parker stated in December discussing the company's Q2 2019 results. "And I think that's driven by the elevation of the experience . . . particularly with Foot Locker and [Dick's Sporting Goods] for example." It's always good when your biggest supplier calls you out for the work you're doing to sell its products. No wonder Foot Locker CEO Richard Johnson is enthusiastic about its holiday selling season and fourth quarter overall. Foot Locker reports Q4 2018 earnings in late February. Expect them to be very healthy with positive guidance for fiscal 2019 also likely in the cards As of this writing Will Ashworth did not hold a position in any of the aforementioned securities. ### More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Growth Stocks With the Future Written All Over Them * 7 Reasons Why Buffett's Bet on Apple Stock Is a Good One * 10 Companies That Could Post Decelerating Profits Compare Brokers The post 7 Retail Stocks to Buy for the Rise of Menswear appeared first on InvestorPlace.

  • ACCESSWIRE4 days ago

    Three of the Most Innovative Cannabis Beauty Stocks of 2019

    Growing acceptance in the global community, as well as sizable interest from corporate America is quickly fueling a sizable boom. "There is a great deal of room for innovation in his sector, and topicals and beauty products are expected to explode with legalization and the entry of major consumer packaged goods companies," notes market research firm, The Brightfield Group. Beauty and wellness companies already benefiting include The Yield Growth Corporation (CSE: BOSS) (OTC PINK: BOSQF), Estee Lauder Companies Inc. (NYSE: EL) and Sephora USA Inc., a subsidiary of LVMH Moet Hennessey Louis Vuitton (OTC PINK: LVMUY).

  • Should You Investigate LVMH Moët Hennessy Louis Vuitton S.E. (EPA:MC) At €258?
    Simply Wall St.7 days ago

    Should You Investigate LVMH Moët Hennessy Louis Vuitton S.E. (EPA:MC) At €258?

    LVMH Moët Hennessy Louis Vuitton S.E. (EPA:MC) saw significant share price movement during recent months on the ENXTPA, rising to highs of €287.95 and falling to the lows of €243.25. Read More...

  • 7 Stocks to Buy That Are Run By Billionaires
    InvestorPlace9 days ago

    7 Stocks to Buy That Are Run By Billionaires

    I recently viewed a list of the 50 richest people in the world. I don't look at these kinds of lists as some sort of worship ritual towards the wealthy, but rather to find out about businesses run by these people I might have overlooked in my never-ending quest for stocks to buy. When you get to billionaire status you've obviously done a lot in your life to make it happen. Most billionaires on the list made it without a family inheritance. Some run private companies. Others have publicly traded investment vehicles. All of them play a role in the global economy. Rather than find stocks in really interesting companies, why not find really interesting billionaires and invest alongside them? You can bet Jeff Bezos and company are going to succeed far more often than they fail. Not to mention the fact a big chunk of their wealth is tied up in their company's stock. InvestorPlace - Stock Market News, Stock Advice & Trading Tips * Morgan Stanley: 7 Risky Stocks to Sell Now Men and women who put their money where their mouths make the best investment partners, don't you think? Here then is my list of seven stocks to buy that are run or controlled by billionaires. Source: Eva Rinaldi via Flickr ### Leonardo del Vecchio: Luxottica (LUXTY) The poorest person on my list -- Leonardo del Vecchio, at $20.2 billion -- founded Luxottica (OTCMKTS:LUXTY) in 1961 in Milan, Italy. You might not know the name Luxottica, but you likely have heard of Sunglass Hut, the retail shop it uses to sell Ray-Ban and Oakley sunglasses, two of the many brands it has acquired over the years. In May 2017, Luxottica voluntarily delisted its ADR from the New York Stock Exchange to save costs. Only 3.7% of the company's worldwide average daily volume was in the U.S. Investors can still buy its shares on the over-the-counter market. Also, in 2017, Luxottica and Essilor, the world's largest lens maker, agreed to merge in an all-stock deal that would generate more than $20 billion in annual revenue with more than 140,000 employees around the world. The merger, making Luxottica a vertically integrated powerhouse, was completed this past October. Del Vecchio is executive chairman and owns 39% of the company. Source: JD Lasica via Wikimedia Commons ### Elon Musk: Tesla (TESLA) This man needs no introduction. Nor does Tesla (NASDAQ:TSLA), his company, the world's biggest electric car company. As both a Canadian and a fan of Musk and the company, I find it gratifying that not only did the billionaire spend some time in Canada during his college years -- in his freshman and sophomore years he attended Queen's University in Kingston, Ontario -- he's got a Canadian girlfriend. Clearly, his attachment to Canada goes beyond two years of university. A grandmother and aunt live in Alberta and he met his first wife while studying in Kingston. Geography aside, you either love or hate Musk's personality. However, regardless of your thoughts on the man's behavior, what he's doing with Tesla and electric vehicles will stand the test of time. In the fourth quarter of 2018, Tesla delivered 90,700 vehicles, 204% more than in the same quarter a year earlier. More than likely the company will generate a second consecutive quarter of profitability, a sign Tesla is gaining traction in the marketplace. * 10 Stocks You Can Set and Forget (Even In This Market) The stock is incredibly volatile but the rewards a decade from now should be tremendous. Of all the stocks on the list, this is the one I'm rooting for the most. America needs more Tesla's. Source: Shutterstock ### Li Ka-shing: CK Hutchinson Holdings (CKHUY) If Leonardo del Vecchio is a mystery to most American investors, Hong Kong billionaire Li Ka-shing is an enigma rolled inside of a mystery. Li Ka-shing left school at 16 to support his family. All these years later -- the man's 90 -- he's worth an estimated $27.8 billion and still going strong. Reading about the various businesses that are part of this multinational conglomerate isn't something you can do in one sitting. CK Hutchinson Holdings (OTCMKTS:CKHUY) controls companies that operate in telecom, infrastructure, energy, healthcare and many other fields. It employs more than 300,000 people in over 50 countries around the world. Conglomerates might be on the way out, but don't tell that to Li Ka-shing and the people working at CK Hutchinson or one of its subsidiaries. Financially, it's doing just fine. In 2017, CK Hutchinson had $53.2 billion in revenue with $4.5 billion in net income. It might not be very well known on this side of the pond, but over in Asia it's a household name. Source: Shutterstock ### Larry Page: Alphabet (GOOG, GOOGL) It's hard to imagine being worth $50.5 billion at 45 years of age and the eighth wealthiest billionaire but that's exactly where Google co-founder Larry Page sits at the moment. In contrast, Warren Buffett didn't become a billionaire until he was 55. Depending on how Alphabet (NASDAQ:GOOGL, NASDAQ:GOOG) stock performs in 2019, Page could go even higher. When Page isn't counting his billions, he's busy being the CEO of the entire Google network of companies and experiments. That's not exactly a 9-to-5 job. Everybody knows about Google's formidable market share in online advertising -- 37% at the end of 2018 -- but it is the company's other bets that hold the most potential. Take Waymo, for example. It's the company's big bet on autonomous driving technology. Analysts believe Waymo could be worth $250 billion to the company, or 34% of its current market cap. That's up significantly from previous estimates that were half that amount. * The 7 Best Stocks in the Entrepreneur Index A lot has to happen for this to be correct, but if you're looking fto ride a billionaire's coattails, Alphabet is one of the best stocks in my opinion. Source: Mathieu Lebreton via Flickr ### Bernard Arnault: LVMH, (LVMUY) I've never owned LVMH (OTCMKTS:LVMUY), the luxury goods holding company of French billionaire Bernard Arnault, but I probably should because Arnault is in a league of his own when it comes to running a business. Starting out in the family business, Arnault took a big leap of faith in 1984, acquiring Boussac, a textile company that owned several apparel businesses including Christian Dior. He then went on to make so many acquisitions in fashion, retail, drinks, watches and other industries, it would make your head spin. His latest example of risk-taking: LVMH has acquired Belmond -- the London-based owner of the Orient Express train service as well as luxury hotels in 24 countries -- for $3.2 billion. Skeptics of the deal suggest that it's one thing to own luxury brands. It's another to own luxury hospitality. If there's a businessperson on this planet that can make this work, Arnault is definitely the person to do it. Source: Shutterstock ### Warren Buffett: Berkshire Hathaway (BRK.A, BRK.B) What Bernard Arnault is to luxury goods, Warren Buffett is to insurance. Berkshire Hathaway (NYSE:BRK.A,NYSE:BRK.B) wouldn't be the company it is today if it wasn't for the Oracle of Omaha recognizing the beauty of the insurance company float. Buffett realized that he could use an insurance company's float -- the difference between the premiums collected and the paid out claims -- to invest in stocks and other businesses. It's essentially an interest-free loan by the insurance company's shareholders. The downside of float is that you eventually have to repay the money in the form of claims payments. When there are major events like floods or hurricanes, the payouts often far exceed the premiums leading to an underwriting loss. So, not only was Buffett smart to realize the float's usefulness beyond the insurance business, he was wise enough to know he needed really smart people running these insurance companies to limit the underwriting losses over the long haul. In fact, Berkshire Hathaway's insurance operations are so well run that its float hasn't cost the company a cent. It was actually paid $2 billion a year between 2002 and 2016 to invest $92 billion in insurance float. * 9 A-Rated Safety Stocks for a Grossly Oversold Market I consider Berkshire Hathaway the world's cheapest mutual fund. Pay no annual fees but get lots of positive returns. What's not to like? Source: Shutterstock ### Jeff Bezos: Amazon (AMZN) Jeff Bezos tops the list of the world's wealthiest people. Even if he gives away half of his estimated wealth of $125 billion to his wife Mackenzie as part of any divorce settlement the couple might agree to, Bezos would still be the fifth-wealthiest person on the planet. That is a staggering amount of wealth. The founder of Amazon (NASDAQ:AMZN) has seen his personal wealth mushroom in recent years as the company's continued to prosper and free cash flow's accelerated. Consider this. In 2008, Bezos' estimated net worth was $8.2 billion. The company's free cash flow that year was $1.4 billion. In 2017, it was $8.4 billion. That might not seem like a lot until you consider that Amazon's capital expenditures were only $333 million in 2008 compared to $5.4 billion in 2017. Bezos and any other Amazon shareholder who held the entire period got much wealthier indeed. Between online retail, Whole Foods, advertising and many other Amazon initiatives, he could become the world's first trillionaire. Divorce shouldn't slow him down. As of this writing Will Ashworth did not hold a position in any of the aforementioned securities. ### More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Stocks You Can Set and Forget (Even In This Market) * 10 Virtual Assistants for the Future of Smart Homes * 7 5G Stocks to Buy as the Race for Spectrum Tightens Compare Brokers The post 7 Stocks to Buy That Are Run By Billionaires appeared first on InvestorPlace.

  • China Is Cutting Back on iPhones. Louis Vuitton Handbags Could Be Next
    Bloomberg15 days ago

    China Is Cutting Back on iPhones. Louis Vuitton Handbags Could Be Next

    After Apple Inc.’s shock profit warning, investors were quick to make the connection: if Chinese consumers are cutting back on iPhones, Louis Vuitton handbags could be next. Apple’s sales revision cascaded through global markets, hitting suppliers and rivals, but also a raft of luxury-goods companies that rely on the same clientele that likes to splurge on Apple’s latest products. Hong Kong-listed Prada SpA, Gucci-parent Kering SA, LVMH Moet Hennessy Louis Vuitton, Burberry Group Plc and Richemont, the parent of jeweler Cartier, all declined in the wake of Apple’s shortfall.

  • 'Pooey Puitton' purse said to irk Louis Vuitton, prompts lawsuit
    Reuters19 days ago

    'Pooey Puitton' purse said to irk Louis Vuitton, prompts lawsuit

    In a complaint filed on Friday in Los Angeles federal court, MGA Entertainment Inc said no reasonable consumer would mistake Pooey Puitton, which retails for $59.99, for costlier Louis Vuitton handbags. MGA called Pooey Puitton protected parody "designed to mock, criticize, and make fun of that wealth and celebrity" associated with Louis Vuitton products and rejected what it called Louis Vuitton's claim of trademark infringement to an MGA customer.

  • Reuters19 days ago

    'Pooey Puitton' purse said to irk Louis Vuitton, prompts lawsuit

    In a complaint filed on Friday in Los Angeles federal court, MGA Entertainment Inc said no reasonable consumer would mistake Pooey Puitton, which retails for $59.99, for costlier Louis Vuitton handbags. MGA called Pooey Puitton protected parody "designed to mock, criticize, and make fun of that wealth and celebrity" associated with Louis Vuitton products and rejected what it called Louis Vuitton's claim of trademark infringement to an MGA customer.

  • The 3 Best Beauty Product Companies to Buy in 2019
    Motley Fool19 days ago

    The 3 Best Beauty Product Companies to Buy in 2019

    Here are the top prospects in a recession-resistant industry.

  • CNBC28 days ago

    4 reasonably priced wines to help ring in the holiday

    While Prosecco may be the best-selling sparkling wine in the world by volume and Champagne is the drink of choice for many when it comes to celebrations, Isle has another option. People associate Spain's Rioja region with red wine, but Isle says this light, crisp Rioja white is an ideal alternative for Pinot Grigio or Sauvignon Blanc lovers and makes for a great aperitif wine.

  • The Wall Street Journallast month

    [$$] LVMH Seals $2.6 Billion Deal for Hotel Operator Belmond

    French luxury-goods company LVMH Moët Hennessy Louis Vuitton SE said Friday it has agreed to acquire Belmond Ltd., a London-based owner and operator of high-end hotels around the world. LVMH agreed to pay $25 a share in cash for Belmond, a transaction that values the company’s equity at around $2.6 billion. Belmond’s enterprise value, including debt, is about $3.2 billion.

  • LVMH splashes out on luxury hotels with $3.2 billion Belmond deal
    Reuterslast month

    LVMH splashes out on luxury hotels with $3.2 billion Belmond deal

    Luxury goods maker LVMH (LVMH.PA) has agreed to buy Belmond (BEL.N), the owner of hotels including Venice's landmark Cipriani, for a total of $3.2 billion to raise its profile in upmarket hospitality. LVMH, the firm behind fashion labels Louis Vuitton and Christian Dior, already has hotels including the Cheval Blanc in the prestigious Courchevel ski resort in the French Alps, as well as Bvlgari hotels. The Belmond deal is LVMH's largest since it spent 4.3 billion euros in 2011 to buy Bvlgari and 6.5 billion euros in 2017 to gain full control of Christian Dior.

  • Reuterslast month

    European shares on track for worst quarter since 2011

    European shares closed lower for a second day on Friday as weak European and Chinese data renewed worries about global growth and sent a pan-European benchmark on course for its worst quarter since 2011. The euro zone STOXX 600 index ended the day down 0.72 percent and on course for a 9.5 percent loss on the quarter. A summit in Brussels where European Union leaders told British Prime Minister Theresa May they would not be renegotiating the Brexit agreement did little to lift the mood.

  • Why Belmond Ltd's Shares Jumped 40% Today
    Motley Foollast month

    Why Belmond Ltd's Shares Jumped 40% Today

    A buyer has come knocking on Belmond's door.

  • Global fears strike Wall Street
    Yahoo Financelast month

    Global fears strike Wall Street

    Yahoo Finance's LIVE market coverage and analysis, beginning each day at 11:30 a.m. ET.

  • LVMH splashes out on luxury hotels with $3.2 billion Belmond deal
    Reuterslast month

    LVMH splashes out on luxury hotels with $3.2 billion Belmond deal

    Luxury goods maker LVMH (LVMH.PA) has agreed to buy Belmond (BEL.N), the owner of hotels including Venice's landmark Cipriani, for a total of $3.2 billion to raise its profile in upmarket hospitality. LVMH, the firm behind fashion labels Louis Vuitton and Christian Dior, already has hotels including the Cheval Blanc in the prestigious Courchevel ski resort in the French Alps, as well as Bvlgari hotels. The Belmond deal is LVMH's largest since it spent 4.3 billion euros in 2011 to buy Bvlgari and 6.5 billion euros in 2017 to gain full control of Christian Dior.

  • TheStreet.comlast month

    LVMH's Purchase of Belmond Sends Hotel Chain's Shares Through the Roof

    Belmond is the owner, part-owner or manager of 46 luxury hotels, restaurant, trains and river cruise properties.

  • Barrons.comlast month

    Costco Crumbles, Starbucks Sinks and 7 More Stocks Making Friday Morning Moves

    Everyone’s worried about a recession, and while it is too early to jump to that conclusion, this morning offered data out of China and Europe that confirmed what we already know—the pace of global economic growth is slowing. What’s most surprising is that Dow Jones Industrial Average futures are down just 216 points, or 0.9%, this morning. (BHC) (BHC), the company formerly known as Valeant Pharmaceuticals International, has gained 2.7% to $24.30 after getting upgraded to Buy from Neutral at H.C. Wainwright.

  • The Wall Street Journallast month

    [$$] Louis Vuitton's Owner Takes the Grand Tour

    fashion brands, sees the future of luxury in hotels as much as handbags. , is paying $3.2 billion including debt for Belmond, a New-York listed company that owns Hotel Cipriani in Venice and the '21' Club in New York, and sells $3,000 overnight tickets on the Orient Express. Travel and luxury “experiences” are a priority for LVMH—seemingly a higher one than high-end fashion.

  • LVMH Pays Up for a Luxury Holiday. It's Worth It
    Bloomberglast month

    LVMH Pays Up for a Luxury Holiday. It's Worth It

    LVMH, the world's largest luxury goods group, already owns the Bulgari and Cheval Blanc hotel chains, but adding Belmond significantly increases its exposure to hospitality and gives it a portfolio of trophy assets.

  • France's LVMH nears deal to buy hotel operator Belmond - WSJ
    Reuterslast month

    France's LVMH nears deal to buy hotel operator Belmond - WSJ

    (Reuters) - French luxury group LVMH Moet Hennessy Louis Vuitton SE (LVMH.PA) is near a deal to buy UK-based high-end hotels operator Belmond Ltd (BEL.N) for about $25 per share in cash, the Wall Street ...

  • Here are the luxury brands getting hurt in China
    CNBC Videos15 days ago

    Here are the luxury brands getting hurt in China

    Ike Boruchow, Wells Fargo Securities senior analyst, joins 'Power Lunch' to discuss how luxury retail in China is being impacted by the trade war.

  • LVMH double down on luxury travel with Belmond acquisition
    Yahoo Finance Videolast month

    LVMH double down on luxury travel with Belmond acquisition

    French luxury goods company, LVMH, acquired Belmond for $25 per share. Yahoo Finance's Julie Hyman, Adam Shapiro and Emily McCormick discuss.

  • Louis Vuitton makes surprise bid on luxury hotels
    Reuters Videoslast month

    Louis Vuitton makes surprise bid on luxury hotels

    LVMH has agreed to buy the Belmond luxury hotel chain, marking a big expansion of a previously niche hotels business for the Louis Vuitton parent. Julian Satterthwaite and Lisa Jucca reports.