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The wealth hit for the "Wolf in Cashmere" reflects a 20% slump in LVMH's stock price to its lowest level in two years. Arnault owns about 48% of the luxury conglomerate, which houses around 75 ...
Luxury-goods stock LVMH Moët Hennessy (OTC: LVMUY) wasn't looking too exclusive on Hump Day. The company's share price had eroded by nearly 4% at market close, due in no small part to an analyst ...
LVMH won through the pandemic, saw a slight slowdown in sales in 2023 and now seems to have got its mojo back. ... and Tiffany's, stunned with a 10% sales surge in the final quarter of 2023 ...
The new deal reduced the amount paid per share by LVMH from the original price of $135 to $131.50. [44] As of late 2020, LVMH has the largest market capitalization of any company in France, [ 45 ] and also in the Eurozone with a record of 261 billion euros ($317.6 billion). [ 46 ]
The company's valuations are cheap, but it has a powerful and high-profile product lineup.
A surprise election result in its home country dinged the stock of luxury goods specialist LVMH Moët Hennessy Louis Vuitton (OTC: LVMUY) on Monday. The company saw the price of its U.S.-listed ...
Image source: LVMH. Variables including elections in the U.S. and Europe, lingering inflation, and a mixed view of consumer purchasing power are all likely taking a toll on LVMH's stock price ...
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 ...