LVMH’s CEO Bernard Arnault Does Not Deny DFS Sale As Stock Slides
French luxury conglomerate LVMH saw its stock slide by more than 6% following the Tuesday evening reveal of its 2024 annual ...
LVMH Moet Hennessy sells Stella McCartney stake, reports 17% drop in 2024 profits
LVMH shares drop as profitability for 2024 decreases and company sells back stake in Stella McCartney's fashion label amid ...
Bernard Arnault slides down to world’s fifth-richest person after LVMH disappointment
Bernard Arnault lost a spot in the billionaire rankings after LVMH Moet Hennessy posted results that weren’t as strong as ...
Diageo says it has no intention to sell Guinness or stake in Moet Hennessy
Guinness is an outlier in Diageo's business, which consists mostly of spirits rather than beer, but its performance recently ...
Louis Vuitton Owner’s Sales Beat Forecasts Despite Weak Growth
The core fashion and leather goods business—which houses Louis Vuitton and Dior—recorded revenue of €11.14 billion for the ...
LVMH Moet Hennessy Louis Vuitton (0HAU) Gets a Buy from Barclays
Barclays analyst Carole Madjo maintained a Buy rating on LVMH Moet Hennessy Louis Vuitton (0HAU – Research Report) today and set a price target ...
Antoine Arnault to Receive Legion of Honor for Contribution to Olympic Games
Nicknamed “Mr. Olympics,” LVMH Moët Hennessy Louis Vuitton’s head of communication, image and environment is one of 58 people ...
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Diageo denies speculation swirling around Guinness, Moët Hennessy
The drinks giant changed tack over the weekend after declining to comment on a report on Friday (24 January) that it was ...
Swiss Watch Exports Dip 2.8% in 2024, Reflecting China Slowdown
In the final month of 2024, exports of watches between 200 and 500 Swiss francs were the hardest hit, with a drop of 13.2 ...
LVMH reports Q4 organic revenue growth of 1%
Moet Hennessy Louis Vuitton recorded revenue of EUR 84.7B in 2024. “Growth continued, 1% on an organic basis, despite a ...