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LVMH Moet Hennessy Louis Vuitton SE Add to portfolio

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Wednesday, September 16


News

Landmark Louis Vuitton building on Melbourne's Collins Street for sale

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The eclectic Renaissance-style building in the "Paris end" of Collins Street is classified by the National Trust and was built in 1886 – the same year the first assembly of the Federal Council of Australasia was held, the precursor to today's Commonwealth. Only two other city landmarks have come on the market since the pandemic struck: David Jones’ flagship Bourke Street Mall store and the Bank of China building in Queen Street. But with restrictions slowly easing, a surge of deals is expected towards the end of the year as suppressed buyer demand meets an anticipated flood of new listings. Louis Vuitton has a 15-year lease on the flagship store that's set to expire in 2026, Colliers' Oliver Hay said. They also own a clutch of other prime city assets, including 88 Collins Street, Austock House at 342 Collins Street and a vacant four-storey building with a ground-floor shop at 88 Elizabeth Street, which market sources suggest they are also considering selling.

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Wednesday, September 09


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LVMH Finds a Convenient Excuse to Dump Tiffany

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(Bloomberg Opinion) -- If you liked it, you should have put a ring on it. But Bernard Arnault, chairman of LVMH Moet Hennessy Louis Vuitton SE, has decided he didn’t like Tiffany & Co. quite enough to consummate his $16 billion takeover of the iconic U.S. jeweler. The $135-per-share deal lost its luster after the luxury world was hit by the global pandemic. Even before LVMH’s decision, Tiffany’s shares were trading at $121.80. LVMH blamed the decision on regulatory delays amid a U.S. trade spat with France, and the risk that the U.S. may impose tariffs on French products. Gucci-owner Kering SA or watch-and-jewelry giant Richemont, which counts Cartier in its stable, could yet step into the breach — unless the pandemic makes them nervous about doing a big deal right now, too. So Arnault may get another chance to buy Tiffany again much later, and at a cheaper price. But the prospects of striking another friendly deal may be hurt by both LVMH’s volte face and subsequent legal wrangling.

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Thursday, September 03


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The Tiffany's and Louis Vuitton Engagement Will Take Longer Than Anticipated

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Almost eight months after French luxury goods giant LVMH Moet Hennessy Louis Vuitton SA (OTC: LVMH) and U.S. jewelry chain Tiffany & Co. (NYSE: TIF) announced their engagement, Reuters reported that the formal tie-up will be pushed back three months. Tiffany decided to exercise its right to move the deadline to November 24. As a reminder, LVMH will pay $16.9 Billion including net debt, equivalent to nearly four years' sales at Tiffany, its biggest and most expensive deal to date. But this is more than a prolonged engagement, it is a snapshot of a new economy where the list of priorities is being rewritten. Tiffany's shareholders said yes to the proposal in February. But, at least a few key regulatory bodies, including the relevant entities in the European Union, Japan, Mexico, and Taiwan, have not yet approved the transaction. If its prior Bulgari approval is any indication, it seems feasible that the European Commission will approve the Tiffany deal. However, the pandemic is adding up to a sobering challenge for U.S. antitrust enforcers. The iconic American marque which is much more than a luxury jeweler will become the 76th Maison of the Parisian group which holds Louis Vuitton, Dior and Veuve Clicquot champagne under its umbrella.

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Friday, May 22


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Four signs of a competitive moat at Lvmh Moet Hennessy Louis Vuitton Se (EPA:MC)

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Given that widespread uncertainty in the stock market is likely to endure for the rest of 2020 and beyond, it pays to know that you're investing in high-quality stocks, rather than speculative ones. Like medieval castles, their profits are fortified by impregnable business models.Here's a rundown on what makes these stocks so special - using Lvmh Moet Hennessy Louis Vuitton Se (EPA:MC), which is active in the Textiles & Apparel industry, as an example... GET MORE DATA-DRIVEN INSIGHTS INTO EPA:MC ». Here's what they are and why they are important - and how Lvmh Moet Hennessy Louis Vuitton Se stacks up against them:. High Return on Capital Employed - the measure of a company growing efficiently and profitably.- A 5-year average ROCE of more than 12 percent is a pointer to strong efficiency. For Lvmh Moet Hennessy Louis Vuitton Se, the figure is an eye-catching 15.2%.

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Thursday, April 16


News

Sales drop at Vuitton owner LVMH as virus forces store closures

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Sales drop at Vuitton owner LVMH as virus forces store closures. PARIS/MILAN (Reuters) - Louis Vuitton owner LVMH <LVMH.PA> on Thursday posted a 17% drop in comparable sales in the first quarter due to the coronavirus pandemic, as government-imposed lockdowns forced it to close stores and production sites in key markets. The world's biggest luxury goods group also halted production at major sites including in France, where it makes the bulk of its pricey Vuitton handbags for instance, though it has used some factories to produce face masks and hand gels. In its key fashion and leather goods division, home to other brands like Christian Dior, first-quarter sales proved slightly better than some analysts had expected, falling 10% on a like-for-like basis compared with a year earlier.

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Tuesday, April 14


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Louis Vuitton switches production to make face masks and gowns to help curb the spread of coronavirus

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“These gowns will be created by volunteers at the Maison’s headquarters for six Parisian hospitals in urgent need of protective gear,” a caption on the brand’s Instagram page revealed. “Thank you to the hundreds of artisans who have volunteered to create these masks, as well as everyone doing their part to fight this global pandemic,” the post finished. In order to fulfil the task the brand has reopened 12 of its 16 leather goods production sites in France and 115 out of 896 employees are now back at work. Chairman and CEO Michael Burke told WWD that the masks and gowns are being made under strict new hygiene and social distancing rules. And the making of the masks and gowns hasn’t come without some tweaking of the production process. Louis Vuitton joins a number of other fashion brands who are transforming their production facilities into ones which manufacture PPE or hand sanitiser.

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Monday, March 16


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LVMH to make hand sanitiser for French hospitals at Christian Dior, Guerlain and Givenchy factories — Basenotes.net

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LVMH to make hand sanitiser for French hospitals at Christian Dior, Guerlain and Givenchy factories. To help combat Coronavirus, luxury goods company, LVMH Moet Hennessy Louis Vuitton, are switching production of perfume, to hand sanitiser at three of their factories which normally produce perfume products. As well as Givenchy, Dior and Guerlain - LVMH owns brands and licenses for many high-end perfumes including Kenzo, Acqua di Parma, Maison Francis Kurkdjian, Bulgari and Fenty Beauty by Rihanna. "These gels will be delivered free of charge to the [French] health authorities," and add "LVMH will continue to honour this commitment for as long as necessary, in connection with the French health authorities" Latest News. It seems to me that the main goal of Christian Dior, Guerlain and Givenchy is to earn more money.

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Coronavirus: Louis Vuitton owner to make hand sanitiser for hospitals

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LVMH will start making hand sanitiser for hospitals to stave off a national shortage across France as the coronavirus outbreak escalates. "These gels will be delivered free of charge to the health authorities," LVMH said in a statement, in particular the 39 public hospitals in Paris. The company, which also owns well known brands including champagne maker Moet & Chandon and jeweller Bulgari, will produce 12 tonnes of sanitiser this week instead of the usual Christian Dior, Guerlain and Givenchy fragrances and cosmetics made at its three French sites. Meanwhile, French airports group ADP said it would be considering closing down some areas in its main Paris airports to deal with the coronavirus outbreak, adding it was expecting a major financial hit due to the virus.

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Coronavirus: Louis Vuitton owner to make hand sanitiser for hospitals

MC

LVMH will start making hand sanitiser for hospitals to stave off a national shortage across France as the coronavirus outbreak escalates. "These gels will be delivered free of charge to the health authorities," LVMH said in a statement, in particular the 39 public hospitals in Paris. The company, which also owns well known brands including champagne maker Moet & Chandon and jeweller Bulgari, will produce 12 tonnes of sanitiser this week instead of the usual Christian Dior, Guerlain and Givenchy fragrances and cosmetics made at its three French sites. Meanwhile, French airports group ADP said it would be considering closing down some areas in its main Paris airports to deal with the coronavirus outbreak, adding it was expecting a major financial hit due to the virus.

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Tuesday, January 28


News

Louis Vuitton owner LVMH's sales growth slows in fourth quarter

MC

FILE PHOTO: A Louis Vuitton logo is seen outside the store at Hong Kong's Tsim Sha Tsui shopping district March 10, 2013./File Photo. PARIS (Reuters) - Sales growth at luxury goods group LVMH (LVMH.PA) slowed slightly in the fourth quarter, pushed down in part by a sharp drop in revenue in Hong Kong where months of violent protests have scared away many high-end shoppers. That marked an 8% increase year-on-year on a like-for-like basis, which strips out currency swings and acquisitions, and compared with forecasts cited by analysts and Reuters estimates of closer to 9% growth. But it was less strong when set against like-for-like sales in the previous three months, which had grown 11%. LVMH said the group's sales growth would have kept pace in the fourth quarter were it not for one-off factors.

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