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LVMH Moet Hennessy Louis Vuitton SE (LVMHF.PK)

LVMHF.PK on OTC Markets Group

28 Apr 2017
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$2.60 (+1.06%)
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Tue, Apr 25 2017


LVMH's Arnault swoops to take full control of Christian Dior

PARIS French billionaire Bernard Arnault will combine the Christian Dior fashion brand with his LVMH luxury goods empire as part of a 12 billion euro ($13 billion) move to simplify his business interests - a restructuring long demanded by other investors. | Video

UPDATE 4-LVMH's Arnault swoops to take full control of Christian Dior

* Arnault family to buy out minority Christian Dior shareholders

LVMH, Arnault to simplify Christian Dior business structure

PARIS, April 25 Luxury goods group LVMH and the family holding company of billionaire businessman Bernard Arnault, who heads up LVMH, announced on Tuesday a deal to simplify the Christian Dior business structure which they said would boost LVMH's earnings.

UPDATE 1-LVMH shares hit record high as luxury sales jump in Q1

* Shares hit record high in spite of cautious outlook (Updates shares, adds details from conference call)

BRIEF-LVHM sees potential issues with cognac stocks later this year

* Investor relations director says on conference call LVMH could potentially have issues with availability of cognac stock later in the year

LVMH shares hit record high after Q1 sales beat, other luxury stocks rise

PARIS, April 11 Shares in LVMH, the world's biggest luxury goods group, hit a record high on Tuesday after the French company reported a surge in first-quarter sales that beat analysts' forecasts.

UPDATE 1-LVMH Q1 sales rise 15 pct, says environment uncertain

* LVMH shares have hit record highs in 2017 (Adds detail, background)

LVMH Q1 sales rise 15 pct, company says environment uncertain

PARIS, April 10 Luxury goods group LVMH posted a surge in first quarter sales on Monday that beat consensus forecasts, although the French company cautioned that its business environment remained uncertain.

Diamond group De Beers buys out retail partner LVMH

PARIS Anglo American's diamond specialist De Beers has bought the 50 percent stake held by French luxury goods group LVMH in De Beers Diamond Jewellers for an undisclosed sum, taking full ownership of the retail operation.

UPDATE 1-Diamond group De Beers buys out retail partner LVMH

* Anglo American seeking to maximise diamond revenues (Adds analyst quote, background)

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