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PARIS] Hermes’ market capitalisation surpassed that of rival LVMH, the conglomerate which tried to buy the maker of the ...
Louis Vuitton (OTC: LVMUY) (OTC: LVMHF) was being punished on Tuesday, following Monday's release of a dispiriting quarterly revenue report. In mid-session action, investors continued to sell out of ...
Hermès’ market capitalization surpassed that of rival LVMH, the conglomerate which tried to buy the maker of the coveted ...
Birkin bag maker Hermes International overtook LVMH as the world's most valuable luxury company after a weaker-than-expected sales report from the Louis Vuitton owner sent its stock tumbling.
Way back in 2010, LVMH's billionaire CEO Bernard Arnault shocked the corporate world by acquiring a huge stake in Hermes. It ...
In a report released today, Chiara Battistini from J.P. Morgan maintained a Hold rating on LVMH Moet Hennessy Louis Vuitton (0HAU – Research ...
LVMH Moet Hennessy’s first-quarter sales miss spooked the whole sector as the French luxury-goods giant struggled in China ...
In a report released today, Louise Singlehurst from Goldman Sachs maintained a Buy rating on LVMH Moet Hennessy Louis Vuitton (0HAU – Research ...
Sales were “overall below the most conservative buyside expectations,” Citi analysts said, with wines and spirits suffering the sharpest decline.
LVMH shares slid lower today after the world's largest luxury group posted first quarter revenues that undershot expectations.
Moët Hennessy saw first-quarter sales slip 9% organically to €1.3 billion ($1.5b) in the three months through March, as the company cited “ongoing normalization of demand” as impacting its results.
A weaker-than-expected revenue report was the news item driving down LVMH Moët Hennessy -- Louis Vuitton's (OTC: LVMUY) American depositary shares (ADS) on Monday. On Sunday, LVMH published details of ...
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