LVMH Moët Hennessy Louis Vuitton SE (LVMHF)
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LVMH puts mark on Olympics as luxury brands embrace sports
Louis Vuitton Moët Hennessy (LVMH) is investing 150 million euros ($163 million) in the Paris 2024 Olympic and Paralympic Summer Games. LVMH is leading a wave of luxury fashion entering the sports world, with partners like Naomi Osaka and Victor Wembanyama.
Exclusive: LVMH's Dior lagged on supply chain disclosure, made outdated ESG claim
LVMH's second-largest fashion brand Dior was until last month behind on disclosures required by UK law about working conditions in its supply chain, and made outdated statements on its website of a third-party certification that it terminated more than a year ago, Reuters has found.
LVMH CEO Bernard Arnault says Olympics sponsorship honors the spirit of France
LVMH's sponsorship deal took a year of negotiations and ultimately landed at about $160 million of investment from the parent company of brands like Loewe, TAG Heuer and Dom Perignon. The partnership is on display throughout the 2024 Paris Olympic Games, which officially kicks off on Friday.
World's largest luxury group LVMH slumps 5% after second-quarter revenue miss
Shares in LVMH fell on Wednesday after the luxury group on Tuesday released its earnings for the first half of 2024.
LVMH shares slump 4% after missing Q2 estimates
Shares in French luxury giant LVMH dropped more than 4% at the market open on Wednesday after the company reported second-quarter sales growth below consensus estimates.
LVMH Moet Hennessy Louis Vuitton SE (LVMHF) Q2 2024 Earnings Call Transcript
LVMH Moet Hennessy Louis Vuitton SE (OTCPK:LVMHF) Q2 2024 Earnings Conference Call July 23, 2024 12:00 PM ET Company Participants Rodolphe Ozun - Director of Financial Communications Jean-Jacques Guiony - CFO Conference Call Participants Luca Solca - Sanford Bernstein Thomas Chauvet - Citi Chiara Battistini - J.P. Morgan Edouard Aubin - Morgan Stanley Erwan Rambourg - HSBC Louise Singlehurst - Goldman Sachs Antoine Belge - Exane BNP Paribas Carole Madjo - Barclays Rogerio Fujimori - Stifel Zuzanna Pusz - UBS Charles-Louis Scotti - Kepler Piral Dadhania - RBC Liwei Hou - CICC Chris Gao - CLSA Rodolphe Ozun Ladies and gentlemen, good afternoon and welcome to today's conference call.
LVMH Falls Short In First Half Of 2024 Amid Luxury Slowdown
Luxury goods giant LVMH's latest earnings showed resilience with 2% organic growth in the first half of 2024, but the market leader fell short of analyst estimates and last year's revenue amid a slowdown in luxury fashion.
LVMH: Navigating French Political Turmoil And Industry Slowdown
LVMH is a prime example of a high-quality business with heritage brands, family ownership, and a loyal customer base. An industry slowdown and French political turmoil exert valuation pressure on LVMH and other French luxury firms alike. LVMH delivered 35 years of continuous organic growth at 9.1% annually, with many more to come, in my view.
LVMH: The Best Alternative To A Luxury ETF
LVMH is a high-quality company with a low terminal value risk and exceptional management team in the luxury sector. The company's diversified portfolio of over 75 brands across different segments enhances its long-term value and mitigates risks. I discuss the benefits of investing in LVMH as a luxury ETF with higher quality than most companies in the sector.
China cognac probe is a reaction to EU car tariffs, says Hennessy owner LVMH
China's anti-dumping probe into Europe's cognac industry is a tit-for-tat reaction to European Union tariffs on Chinese electric vehicles, the finance chief at Hennessy cognac owner LVMH said on Saturday.
Critics roasted LVMH for spending big on Tiffany. 4 years later, the bet doesn't look so bad.
LVMH's $15.8 billion Tiffany acquisition was its biggest ever — and was met with high expectations. Some investors are skeptical about the turnaround, but things are looking up at the jewelry brand.
LVMH snaps up luxury Swiss clock maker L'Epee 1839
LVMH , the world's largest luxury group, has acquired Switzerland-based speciality clock maker L'Epee 1839, boosting its expertise in high-end watch making, the company said on Tuesday.
