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LVMH Moet Hennessy Louis Vuitton SE (LVMH.PA)

LVMH.PA on Paris Stock Exchange

240.20EUR
9:09am EST
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€1.45 (+0.61%)
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€238.75
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Volume
373,484
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569,405
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€260.55
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€181.95

Latest Key Developments (Source: Significant Developments)

LVMH says confident of improvements at Marc Jacobs brand
Tuesday, 11 Apr 2017 10:13am EDT 

LVMH Moet Hennessy Louis Vuitton Se : Chief Financial Officer Jean-Jacques Guiony says on conference call "extremely confident" in Marc Jacobs brand, has made big improvements in its products, focusing on cost cuts . Says strategy takes time to pay off and has proven complicated to develop, says "there is no plan 'B' or plan 'C'" . Says "we are working very hard to bring this brand up to its potential", confident in the teams in spite of uncertain outlook for the sector Further company coverage: [LVMH.PA] (Reporting by paris.newsroom@thomsonreuters.com) ((+34 91 585 2151;)).  Full Article

LVHM sees potential issues with cognac stocks later this year
Tuesday, 11 Apr 2017 09:30am EDT 

LVMH Moet Hennessy Louis Vuitton Se : Investor relations director says on conference call LVMH could potentially have issues with availability of cognac stock later in the year . Says sees good momentum in the US and confirmed recovery in China in wine and spirits . Shares in LVMH hit record high earlier on Tuesday after the French company reported a surge in first-quarter sales that beat analysts' forecasts [nP6N1GY02D] Further company coverage: [LVMH.PA] (Reporting by paris.newsroom@thomsonreuters.com) ((+34 91 585 2151;)).  Full Article

LVMH CEO silent on Italy's Marcolin stake plan
Thursday, 26 Jan 2017 01:11pm EST 

Lvmh Chairman and CEO Bernard Arnault tells a news conference: Declines comment when asked if the group will buy a stake in Italy's Marcolin . says has eyewear strategy but will too early to disclose it . Deputy CEO says online sales total around 2 billion euros .CEO says if there are further disposals, they will be of small businesses.  Full Article

LVMH CEO says cautious over 2017
Thursday, 26 Jan 2017 12:26pm EST 

Lvmh Chairman and CEO Bernard Arnault tells a news conference: CEO says cautious about 2017 . Says cognac stocks are very low, which will be a break to growth . Says Louis Vuitton brand has one month of stock, will also curb growth .Says expects "relatively easy" H1, but H2 could be more difficult due to comparables and geopolitical uncertainties.  Full Article

LVMH Moet Hennessy Vuitton distributes dividend - Euronext
Friday, 25 Nov 2016 06:53am EST 

Euronext: LVMH Moet Hennessy Louis Vuitton SE decided to proceed to a cash dividend distribution on the ordinary shares of 1.4 euros .Payment date of dividend is 1 of December 2016.  Full Article

LVMH CFO says Marc Jacobs brand is not for sale
Tuesday, 26 Jul 2016 12:55pm EDT 

Lvmh Moet Hennessy Louis Vuitton :CFO says Marc Jacobs brand is not for sale, believes in long-term value of the brand.  Full Article

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

Investor lawsuit alleges Comerica Bank aided $1.2 bln Ponzi fraud

Dallas-based Comerica Bank has been hit with a lawsuit accusing it of aiding a $1.2 billion Ponzi scheme run by a Sherman Oaks, California businessman that collapsed in December when his companies stopped paying investors and filed for bankruptcy.