|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||366.55 - 370.65|
|52 Week Range||242.30 - 373.95|
|Beta (3Y Monthly)||1.28|
|PE Ratio (TTM)||29.28|
|Earnings Date||Jul 24, 2019|
|Forward Dividend & Yield||6.00 (1.63%)|
|1y Target Est||319.92|
They say in Paris that all roads lead to Arnault. That’s Bernard Arnault, whose ruthless approach to acquisitions has earned him the nickname “the wolf in cashmere” and helped him recently to overtake ...
Virgil Abloh is thinking about organic progression at Louis Vuitton. A boy walked past, toting a macramé bag spewing out blossoms. Abloh wasn’t wilfully punning, but did pun nonetheless — his Louis Vuitton collection was about gardening.
Luxury fashion group Chanel, whose star designer Karl Lagerfeld passed away earlier this year, reported higher annual sales and profits on Monday and once again reaffirmed its independence, stating it was not for sale. Chanel said its 2018 revenues rose 12.5% to $11.12 billion, while net profits climbed 16.4% to $2.17 billion. The French fashion house, known for its tweed suits and quilted handbags, enjoyed growth across all of its markets, with Asia-Pacific leading the way with a 19.9% rise in annual sales, compared to a 7.8% rise in Europe and 7.4% in the Americas region.
“For me, there’s very little difference if I’m doing one project or 10,” says Virgil Abloh, the multitasking Chicagoan creative. Next week, his latest menswear collection for Louis Vuitton will go down the runway.
The duopoly is broken. Amazon has displaced fellow tech companies Apple and Google, which since 2007 have held the top two places in the BrandZ ranking of the 100 most valuable global brands. The 52 per ...
Chanel is worth nearer to 100 billion euros ($113 billion) than the 50 billion euros that some analysts have estimated, so it’s unclear who might be interested, LVMH managers told analysts at an investor day in Paris this week, according to a note by Jefferies International Ltd. analyst Flavio Cereda. The comments only add fuel to the fire over the future of Chanel, with owners Alain and Gerard Wertheimer having both reached retirement age.
Kering, owner of brands including Gucci, will tighten its grip on its e-commerce operations, focusing on its own branded sites to sell its luxury products or ventures where it can control its image and client data. Kering had already said it would wrest back control of web operations for brands such as Balenciaga and Alexander McQueen which had been developed by Yoox Net-A-Porter (YNAP) - an online retailer now fully owned by the group's rival Richemont.
LVMH Moët Hennessy - Louis Vuitton, Société Européenne (EPA:MC), a large-cap worth €176b, comes to mind for investors...
Europe's spirits makers announced plans on Tuesday to list the number of calories and ingredients in spirit drinks, as businesses and regulators step up efforts to cater for healthier lifestyles. The European Commission has, however, called on the sector to come up with a plan to regulate itself amid general interest for healthier eating and drinking habits. The European consumers organisation BEUC has said that, with Europe facing an obesity crisis, calorie content labelling for alcohol was a necessity.
LVMH's Sephora beauty chain said it will close all its U.S. stores, distribution centers and corporate offices for an hour on Wednesday to conduct diversity training for employees, a move that follows a racial incident involving a Grammy-nominated singer. R&B singer SZA, who is black, said in April she was racially profiled at a Sephora store in Calabasas, California. "We have been informed of an incident at our Calabasas store and in addition to reaching out to SZA directly, we are gathering more information about the incident in order to take the proper next steps," Sephora said in a statement emailed to Reuters.
Infineon, Cypress Semiconductor, Goldman Sachs, The Blackstone Group, Google and Sephora are the companies to watch.
For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
Barbadian singer Rihanna has unveiled her new fashion brand with Louis Vuitton owner LVMH, a rare move by the French group to set up a label from scratch as it taps into soaring demand for celebrity collaborations in the luxury world. Fenty - after the "Umbrella" hitmaker's full name, Robyn Rihanna Fenty - will build on the singer's existing joint venture in cosmetics with LVMH, with a full range of clothing, shoes and accessories. "My fashion will be different and non-traditional, because I do not come from this industry," the singer told a news conference Wednesday evening, saying she hoped to bring a "new vision of fashion".
The Beijing delivery man who arrived with Christine Lin’s new silver bracelet came dressed in an elegant black suit -- complete with white gloves. Inside, under layers of glossy wrapping paper, was the $90 limited-edition bracelet (from a brand co-founded by Hermes International and a local designer) along with a thank-you card from JD.com, the e-commerce site that had arranged the special delivery. Shoppers from China accounted for one-third of global spending on luxury items last year, and Chinese luxury consumption will nearly double to about 1.2 trillion yuan ($175 billion) by 2025 from 770 billion yuan last year, consultancy McKinsey & Co. estimated in a report published April 26.
Affluent consumers will keep buying Louis Vuitton bags and drinking Hennessy -- regardless of how the U.S.-China trade war plays out.