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Important news for shareholders and potential investors in LVMH Moët Hennessy Louis Vuitton SE (EPA:MC): The dividend payment of €2.00 per share will be distributed to shareholders on 06 ...
LVMH owns Les Echos-Le Parisien Group, its media subsidiary. The wine estate of Château d'Yquem, whose origins date back to 1593, is under LVMH ownership. [19] Bernard Arnault is the chairman, CEO and largest shareholder of LVMH, making him one of the richest people in the world as of 2024.
LVMH — Access to Special Wine Selection LVMH Moët Hennessy Louis Vuitton, the Paris-based maker of luxury goods, including clothing, jewelry, and wine and spirits, has shares with perks.
This year has not been kind to the luxury sector. The share prices of upscale companies like Burberry Group, Kering, LVMH Moët Hennessy Louis Vuitton, and Movado are all down year to date. This ...
The ex-dividend date (coinciding with the reinvestment date for shares held subject to a dividend reinvestment plan) is an investment term involving the timing of payment of dividends on stocks of corporations, income trusts, and other financial holdings, both publicly and privately held.
In Q3 2023, Hermès reported 16% growth, slowing from 28% in Q2 but still outpacing key rivals such as LVMH who was flat and Kering who reported a decline in Q3 2023. [38] Analysts suggest this resilience is due to Hermès impeccable brand image, storytelling, and positioning, as well as citing the broader consumer interest in "quiet luxury". [39]
The new deal reduced the amount paid per share by LVMH from the original price of $135 to $131.50. [47] LVMH completed the purchase of Tiffany in January 2021. [48] Under Arnault's leadership, LVMH has grown to become the largest company by market capitalization in the eurozone, [49] with a record of 313 billion euros ($382 billion) as of May ...
Uncomfortably, fashion and leather goods is far and away the No. 1 revenue contributor for LVMH; it was responsible for 48% of the company's total for the period. No. 2, selective retailing, was ...