MC.PA - LVMH Moët Hennessy Louis Vuitton S.E.
| Previous Close | 295.95 |
| Open | 296.40 |
| Bid | 142.20 x 1200 |
| Ask | 144.00 x 2800 |
| Day's Range | 293.20 - 297.25 |
| 52 Week Range | 211.90 - 313.70 |
| Volume | 109,232 |
| Avg. Volume | 603,056 |
| Market Cap | 147.067B |
| Beta | 1.21 |
| PE Ratio (TTM) | 28.81 |
| EPS (TTM) | 10.18 |
| Earnings Date | Jul 24, 2018 |
| Forward Dividend & Yield | 5.00 (1.74%) |
| Ex-Dividend Date | 2018-04-17 |
| 1y Target Est | 303.52 |
Reuters•6 days agoOld fashion: Vintage boom buoys RealReal and jolts luxury labels
PARIS/NEW YORK (Reuters) - Second-hand fashion, once confined to thrift stores, is outstripping sales growth in the primary luxury goods sector, helping market leader The RealReal expand its business and prompting international labels to look at tie-ups. Sales of second-hand, or vintage, luxury goods - from Chanel handbags and Gucci dresses to Rolex watches - are thriving on dedicated web platforms that are drawing a younger clientele seeking bargains and championing recycling. The RealReal could be ready to list on the stock market within two years, when it expects the value of goods sold on the site to have roughly doubled to $1 billion annually, its founder and CEO told Reuters.
- Reuters•6 days ago
Old fashion: Vintage boom buoys RealReal and jolts luxury labels
PARIS/NEW YORK (Reuters) - Second-hand fashion, once confined to thrift stores, is outstripping sales growth in the primary luxury goods sector, helping market leader The RealReal expand its business and prompting international labels to look at tie-ups. Sales of second-hand, or vintage, luxury goods - from Chanel handbags and Gucci dresses to Rolex watches - are thriving on dedicated web platforms that are drawing a younger clientele seeking bargains and championing recycling. The RealReal could be ready to list on the stock market within two years, when it expects the value of goods sold on the site to have roughly doubled to $1 billion annually, its founder and CEO told Reuters.
- The Wall Street Journal•13 days ago
[$$] For Luxury Retail Real Estate, Paris Retains Its Je Ne Sais Quoi
One of the few bright spots in retail real estate these days is on the so-called “high streets” of major cities, where luxury brands are still willing to pay stratospheric rents to promote their designer clothes, accessories, shoes and other goods. Nowhere is the luxury high street stronger today than in Paris. The French capital saw more luxury store openings than any other city in the world last year, accounting for 5.6% of total global designer store launches, according to real-estate firm Savills.
- Bloomberg•17 days ago
Louis Vuitton's Next Generation Steps Up to Kanye's Latest Tune
At last week’s Louis Vuitton menswear show in Paris, newly hired designer Virgil Abloh sent hoodie-clad models down the runway toting duffel bags made from gleaming high-tech plastic, all to the latest Kanye West album. West, who embraced the tearful designer as he took his bows, was joined by his wife, Instagram super-influencer Kim Kardashian. Seated steps away: Bernard Arnault, head of parent company LVMH, and four of his adult children.
Reuters•18 days agoLVMH cuts ties with Bono's ethical fashion brand Edun
French luxury group LVMH (LVMH.PA) is parting ways with the eco-friendly Edun label started by singer Bono and his wife Ali Hewson, transferring its minority stake back to the founders as the firm winds down its U.S. operations. LVMH said Edun was "restructuring its operations in preparation for its next chapter" following a joint review of the business. "The founders remain committed to Edun's mission for sustainable fashion," a joint statement sent by LVMH said.
- Reuters•18 days ago
LVMH cuts ties with Bono's ethical fashion brand Edun
French luxury group LVMH (LVMH.PA) is parting ways with the eco-friendly Edun label started by singer Bono and his wife Ali Hewson, transferring its minority stake back to the founders as the firm winds down its U.S. operations. LVMH said Edun was "restructuring its operations in preparation for its next chapter" following a joint review of the business. "The founders remain committed to Edun's mission for sustainable fashion," a joint statement sent by LVMH said.
- CNBC•18 days ago
This $1,000 luggage has people standing around the block — without an ad campaign
The people in line, which stretched past Rimowa’s New Bond Street store in London, were there in the hope of getting their hands on a suitcase designed in collaboration with Supreme, the hip New York street-wear label that started out as a clothes brand for skateboarders. Rimowa cases are known for their durability and upscale following — Britain’s royal family are said to be fans — and is majority-owned by French luxury conglomerate LVMH, which bought an 80 percent stake in the company for 640 million euros in 2016 (then $716 million). “We have a very iconic product, that’s very classic and very timeless.
- Quartz•20 days ago
Men—not women—are fashion’s fastest-growing shoppers
Women may still be fashion’s biggest spenders. But when you look at how fast sales are growing, men now lead the race—and they’re expected to widen the gap over the next few years. Both men’s and women’s clothing have seen sales slow down in recent years, according to data from Euromonitor, a market research provider.…
- Reuters•20 days ago
Menswear in vogue for luxury brands with designs on growth
Young, hip, urban, and male ... meet the fashion world's new best friend. Luxury brands are raising their game in menswear, which is expanding at a faster clip than women's clothing as styles loosen up and streetwear like hoodies find a new audience. Big fashion houses including French conglomerates LVMH and Kering are among those hiring eye-catching designers and investing in male attire.
- Reuters•20 days ago
Menswear in vogue for luxury brands with designs on growth
Luxury brands are raising their game in menswear, which is expanding at a faster clip than women's clothing as styles loosen up and streetwear like hoodies find a new audience. Big fashion houses including French conglomerates LVMH and Kering are among those hiring eye-catching designers and investing in male attire. LVMH's Paris-based Louis Vuitton summed up the zeitgeist at the latest run of men's fashion shows that closed last week with a collection by its new DJ-turned-designer Virgil Abloh.
- The Wall Street Journal•24 days ago
[$$] Chanel’s First Results Release Shows Its Financial Might
PARIS—Chanel, the storied French fashion house that has dressed first ladies, royalty and Hollywood stars, published complete financial results for the first time Thursday, revealing itself as one of the luxury industry’s top-selling brands. Chanel’s announcement Thursday lifts the cloak of mystery around a company whose operations have long generated speculation in the industry. In an era when many high-end brands have been snapped up by conglomerates, analysts and investors have wondered if Chanel has the financial wherewithal to remain independent.
- Business Wire•25 days ago
LVMH Launches Fourth Edition of Les Journées Particulières
The fourth edition of Les Journées Particulières by LVMH, an event created in 2011 at the initiative of Antoine Arnault, will take place on October 12, 13 and 14, 2018. Unique in its scope and content, Les Journées Particulières takes on a new dimension this year: 56 Maisons from the LVMH group will be open to the public and the Group will invite visitors to discover 76 exceptional places on four continents, 38 of which have not been previously open to the public. The program centers on the five senses to showcase the savoir-faire and creativity of artisans, along with the architectural and cultural heritage of LVMH houses.
- Bloomberg•25 days ago
Chanel Opens Its Books for the First Time
Chanel Ltd., known for No. 5 perfume, little black dresses and financial secrecy, opened its books to reveal nearly $10 billion in sales last year -- a level that rivals luxury leader Louis Vuitton. The closely held French fashion house published its financial results for the first time, recording a profit of $1.8 billion last year on sales of $9.6 billion. “Our financial strength gives us the means to remain independent and to focus on the long term,” Chief Financial Officer Philippe Blondiaux said in a statement.
- Quartz•last month
Nobody knows what luxury is anymore
Luxury ain’t what it used to be. Blame the internet, the rise of on-demand services, and the shift in consumer values as younger generations become more important buyers of high-end goods—all are challenging traditional notions of what luxury is. The classic symbols—the Hermès Birkin bag, a couture dress by Dior, a watch by Rolex—aren’t in…
- The Wall Street Journal•last month
[$$] Bottega Veneta Picks Daniel Lee as Creative Director
PARIS—Bottega Veneta named British designer Daniel Lee as the brand’s new creative director, choosing a relative unknown in the industry to revive the struggling Italian fashion house. With Mr. Lee on the team, Céline has been one of LVMH’s fastest-growing fashion brands in recent years. Mr. Lee’s appointment signals that Bottega’s corporate parent Kering SA wants a fresh face to turn around the brand after several years of slumping sales.
Reuters•last monthLVMH targets growing jewellery sales with online boost
LVMH (LVMH.PA), the French group behind the labels Louis Vuitton and Celine, is launching a dedicated jewellery section on its multi-brand e-commerce site, joining rivals jostling for a slice of one of the fastest-growing luxury goods businesses. Luxury firms from LVMH to Cartier-owner Richemont (CFR.S) are bolstering their web presence, and high-end jewellery and watches - once thought unlikely to attract online shoppers given their high price tags - are emerging as one key battleground. 24Sevres, the web retailer launched by LVMH last year listing fashion items from its own labels and competitors like Italy's Valentino, said in a statement it would as of Thursday feature a fine jewellery section, with items from 13 brands.
- Reuters•last month
With sales boom in mind, Gucci tightens grip on suppliers
Kering's fashion powerhouse Gucci is bringing more manufacturing in-house, as luxury firms step up efforts to meet rampant demand from Chinese shoppers with slicker operations. Gucci, which said this week it could one day overtake LVMH's Louis Vuitton as the world's top luxury brand by sales, also outlined plans at its strategy update to almost halve its reliance on independent leather goods suppliers.
- Reuters•last month
With sales boom in mind, Gucci tightens grip on suppliers
Kering's fashion powerhouse Gucci is bringing more manufacturing in-house, as luxury firms step up efforts to meet rampant demand from Chinese shoppers with slicker operations. Gucci, which said this week it could one day overtake LVMH's Louis Vuitton as the world's top luxury brand by sales, also outlined plans at its strategy update to almost halve its reliance on independent leather goods suppliers.
- Reuters•last month
With sales boom in mind, Gucci tightens grip on suppliers
Kering's fashion powerhouse Gucci is bringing more manufacturing in-house, as luxury firms step up efforts to meet rampant demand from Chinese shoppers with slicker operations. Gucci, which said this week it could one day overtake LVMH's Louis Vuitton as the world's top luxury brand by sales, also outlined plans at its strategy update to almost halve its reliance on independent leather goods suppliers.
Reuters•last monthItaly's luxury brand Prada paves way for family succession: CEO
Prada (1913.HK) Chief Executive Patrizio Bertelli said on Friday his family would not sell its 80 percent stake in Italy's biggest luxury goods group and said his son Lorenzo may one day head the company. The Milan-based firm is run by the husband-and-wife team of Patrizio Bertelli and designer Miuccia Prada, whose grandfather founded the label in 1913. The couple's eldest child Lorenzo, 30, joined Prada to run its digital communications last year, the company confirmed this week following a Bloomberg report.
- Quartz•last month
Rimowa’s transparent suitcase is luggage, yes—but it’s also “shareable content”
If you’ve always wanted to show off your personal belongings to everyone at the airport, you’re in luck. Upscale luggage brand Rimowa and designer Virgil Abloh have teamed up to create a completely transparent suitcase—no x-ray machine needed. The Rimowa x Off-White suitcase, which will cost €850 ($995), is what you might call “shareable content”…
- Reuters•last month
Kate Spade, designer who built handbag empire, found dead
Kate Spade, the designer who built a fashion empire on the popularity of her signature handbags before selling the brand, was found dead in her New York City apartment on Tuesday morning in an apparent suicide, police said. Spade, 55, hanged herself and was found by her housekeeper at her home on Park Avenue on Manhattan's Upper East Side, the New York Daily News reported, citing unnamed police officials. Born Katherine Noel Brosnahan in Kansas City, Missouri, Spade was a former accessories editor at the now-closed Mademoiselle magazine before she and Andy Spade launched their namesake design company, Kate Spade New York, in 1993.
