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LVMH Moet Hennessy Louis Vuitton SE (LVMH.PA)

LVMH.PA on Paris Stock Exchange

230.40EUR
22 Sep 2017
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Latest Key Developments (Source: Significant Developments)

LVMH says H1 profitability at L.Vuitton similar to H1 2015
Tuesday, 26 Jul 2016 12:37pm EDT 

Lvmh Moet Hennessy Louis Vuitton Se :CFO says profitability at Louis Vuitton in H1 very close, almost identical to H1 2015.  Full Article

G-III Apparel Group to buy Donna Karan International from LVMH
Monday, 25 Jul 2016 02:12am EDT 

G-iii Apparel Group Ltd : To acquire donna Karan International from LVMH . G-Iii will acquire donna karan international in a transaction with an enterprise value of $650 million . Does not plan to update its financial guidance to reflect effect of acquisition until it has closed . Plans to fund deal through new indebtedness, $75 million of newly issued stock to lvmh, and a $75 million 6.5 year seller note . Expects acquisition to be dilutive in fiscal year ending january 31, 2018, and accretive thereafter .Barclays is acting as exclusive financial advisor to G-III.  Full Article

Richemont hires former LVMH HR head to bolster management team

ZURICH Luxury goods group Richemont moved to shore up its management team on Thursday by appointing two outsiders to its senior executive committee.