LVMH Moet Hennessy Louis Vuitton SE (LVMH.PA)
* Shares hit record high in spite of cautious outlook (Updates shares, adds details from conference call)
* Investor relations director says on conference call LVMH could potentially have issues with availability of cognac stock later in the year
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.
* LVMH shares have hit record highs in 2017 (Adds detail, background)
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.
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.
* Anglo American seeking to maximise diamond revenues (Adds analyst quote, background)
PARIS, March 23 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 amount, taking full ownership of the retail operation. "More fully integrating the De Beers Diamond Jewellers brand and store network will enable us to deliver an even more differentiated diamond offering, alongside our fast-growing diamond brand Forevermark," De Beers Group chief executive Bruce Cleave
PARIS French luxury goods group Hermes said it had started this year on a solid footing after announcing record 2016 profits on Wednesday, providing further evidence of a broader recovery in the luxury goods industry.
PARIS French luxury goods company LVMH has agreed to buy a majority stake in French independent perfume house Maison Francis Kurkdjian as it expands in fast-growing niche luxury fragrances.