LVMH Moet Hennessy Louis Vuitton SE (LVMH.PA)
20 Oct 2017
COGNAC, France Luxury goods maker LVMH hopes to be well on its way to remedying its cognac shortage two years from now, billionaire boss Bernard Arnault said on Wednesday, as its Hennessy label struggles to keep up with demand in the United States.
COGNAC, France, Oct 18 Luxury goods maker LVMH hopes to be well on its way to remedying its cognac shortage two years from now, billionaire boss Bernard Arnault said on Wednesday, as its Hennessy label struggles to keep up with demand in the United States.
PARIS LVMH , the world's biggest luxury goods company, on Tuesday said the months ahead might be bumpier after producing stronger than expected sales growth in the third quarter which sent its shares towards record highs. | Video
* LVMH points to tougher comparisons, cognac blip in Q4 (Recasts and updates following conference call with analysts)
Oct 10 LVMH Chief Financial Officer Jean-Jacques Guiony:
* Says on conference call that the production constraints that have affected stocks of its younger "VS" cognacs are unlikely to abate soon Further company coverage: (Reporting by email@example.com)
PARIS, Oct 10 Shares in LVMH climbed on Tuesday to approach record highs, after the world's biggest luxury goods company reported higher-than-expected revenue growth for the third quarter.
* LVMH due to hold analyst call on Oct. 10 at 1300 GMT (Adds details, quote)
PARIS, Oct 9 LVMH, the world's biggest luxury goods company, on Monday reported a 12 percent rise in like-for-like revenues in the third quarter of 2017, beating estimates after a strong showing by its clothing and leather goods division.
MUMBAI India has given Chinese smartphone maker Oppo the go-ahead to open its own single-brand retail stores, boding well for rivals like Apple Inc which are seeking similar approvals.