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The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and LVMH Moët Hennessy - Louis Vuitton wasn’t one of them. The 10 ...
Why LVMH Moët Hennessy Stock Tumbled on Tuesday. Eric Volkman, The Motley Fool. October 15, 2024 at 4:41 PM. Tuesday's market-moving news for global luxury-goods purveyor LVMH Moët Hennessy (OTC
The across-the-board sell-off in Chinese and China-exposed stocks like LVMH came on the heels of disappointing news regarding hoped-for Chinese stimulus measures. Moreover, a new tariff on ...
Bernard Arnault, the founder and CEO of LVMH Moët Hennessy Louis Vuitton, owns nearly 49% of Dior and Sephora's parent company, filings show. LVMH shares fell as much as 7% in Paris on Tuesday ...
After a tough earnings report, LVMH fell 3.7% and brought rivals like L'Oréal and Hermès down too. The Dior and Louis Vuitton parent company pointed to weak consumer demand in China.
In November 2013, LVMH created the LVMH Young Fashion Designer Prize, which comes with a €300,000 grant with a year of mentoring; it was the brainchild of Delphine Arnault. [100] In February 2014 20 finalists for the inaugural prize were shown in London, including Simone Rocha, Thomas Tait, Meadham Kirchhoff, Marques'Almeida , J JS Lee, and ...
As LVMH is a bellwether for the luxury industry, it bodes ill for other retailers. ... and the company's stock dropped. Salvatore Ferragamo, which also reported earnings this week, had an even ...
The company's valuations are cheap, but it has a powerful and high-profile product lineup.