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LVMH Moet Hennessy Louis Vuitton SE (LVMH.PA)

LVMH.PA on Paris Stock Exchange

192.50EUR
11:38am EST
Change (% chg)

€2.50 (+1.32%)
Prev Close
€190.00
Open
€190.85
Day's High
€193.70
Day's Low
€190.50
Volume
664,657
Avg. Vol
671,099
52-wk High
€193.70
52-wk Low
€130.55

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LVMH snaps up some strategic hand-me-downs

LONDON (Reuters Breakingviews) - LVMH is coming round to a “small is beautiful” mindset. The luxury group attained its 94 billion euro market capitalisation via an M&A spree a decade ago, but is now changing tack. Investing in small, promising startups is worth a go – but French peers Danone and L’Oreal already tried something similar.