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LVMH EARNINGS
Rihanna launched Fenty Beauty in 2017 with an estimated 50% stake; 4 years later, Forbes valued the cosmetics company at $2.8 billionRihanna’s Fenty Beauty journey therefore represents more than a remarkable celebrity wealth milestone. It is a case study in how ownership,...
Ralph Lauren shares jump 7% as shoppers in Asia, North America drive revenue beatRalph Lauren's first-quarter financial performance surpassed expectations, showcasing a robust demand driven by younger consumers across va...
Global Market: European stocks trade flat as tech selloff offsets earnings boost from consumer, luxury firmsEuropean stock markets remained relatively stable despite a notable dip in technology shares. The positive earnings reported from the consu...
Arnault tightens his LVMH control with $1.6-B buying spreeBernard Arnault significantly increased his stake in LVMH, spending $1.6 billion on shares to move closer to owning half of the luxury cong...
European shares rise after Trump touts auto-related tariff break, LVMH slumpsThe auto and parts index rose 2.5%, leading gains among sectors, after U.S. President Donald Trump said he was considering a modification t...
LVMH breakup goes from ‘why?’ to ‘why not?’Investor discussions are intensifying around splitting up LVMH Moet Hennessy Louis Vuitton SE. Separating Moet Hennessy and potentially Sep...
Europe's STOXX 600 ends week higher as tech stocks reboundEurope's STOXX 600 closed higher on Friday, boosted by tech stocks and an ECB rate cut. The tech sector rose 2%, despite earlier losses aft...
Bernard Arnault wins big on China stimulus with $17 billion wealth surgeBernard Arnault, who faced a significant wealth drop this year, saw his fortune rise by $17 billion to $201 billion after China announced s...
Bernard Arnault loses spot as world’s second-richest person to Jeff BezosArnault is founder and chief executive officer of LVMH, the French luxury powerhouse that includes brands such as Louis Vuitton and Moet & ...
LVMH shares fall as second-quarter sales fail to impressShares in LVMH fell by 3.7% in early trading on Wednesday after the report of in-line sales growth in the second quarter. Analysts believe ...
Inflation angst keeps European stocks under pressureInvestor worries over rising interest rates in response to galloping inflation have roiled global markets.
Reckitt cost warning, China woes drag European shares lowerWorries about tighter regulation of China's heavyweight technology sector fuelled a selloff in global markets this week despite optimism ab...
European stocks head lower, LVMH shines after earningsThe pan-European STOXX 600 index dropped 0.4% in early trading, following losses in Asian markets and Wall Street.
LVMH promotes Arnault scion to lead Tiffany after $16 bn deal; ready to give jewellery brand a makeoverAlexandre Arnault will be executive vice president at Tiffany.
Tiffany beats profit estimates on soaring China demandTiffany and LVMH ended a bitter legal battle last month and agreed to a new deal that would see the French firm buy out the U.S. jeweler at...
Luxury stocks sparkle in tepid European trading as US-China trade talks loomBritain's FTSE 100 jumped 0.9 per cent thanks to a weaker pound boosting London-listed multinational exporters.
- Pop the cork: It's party time for champagne makers
Looming shortage of French wine, spurred by limits on grape production and rising demand in the US, Japan, and the UK, is likely to buoy sh...