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Well before market open, TD Cowen's Oliver Chen reiterated his buy recommendation and price target of 700 euros ($755) per share of LVMH's Europe-listed stock. According to reports, Chen is ...
LVMH announces the launch of "LVMH Shares”, an international employee shareholding plan aimed at 70% of its global workforce. It will be deployed in 11 locations and regions in Europe, North America ...
Since the report was published, specific attention has been drawn to declining luxury spending among Chinese consumers. “LVMH, whose majority owner is the billionaire Bernard Arnault, and its rivals ...
LVMH faces short-term volatility and challenges, but the long-term investment thesis remains strong, driven by brand preservation and strategic management. Despite a weak Q3, particularly in the ...
French luxury heavyweight LVMH Moët Hennessy Louis Vuitton has deemed reports about a change of CEO at its Wine and Spirits division to be “inaccurate”.
Cruise 2025. LVMH’s third-quarter sales indicate a chink in the luxury group’s armor. On October 15, it reported that revenue from the fashion and leather goods division fell 5% to €9.15 ...
Luxury market leader LVMH just delivered disappointing results for the third quarter with organic growth across the group down 3%. Coming off 2023 when revenues rose 14% to $93.4 billion (€86.2 ...
French investigative publication La Lettre said today (18 October) the Dom Pérignon producer has chosen Laurent Boillot to lead the Moët Hennessy unit. Boillot, who has been CEO of the Hennessy ...
The head of LVMH’s wines and spirits division is set to leave as the world’s largest luxury company wrestles with a slump in consumer demand in China that’s hurt sales of Cognac and Champagne.