LVMH Moet Hennessy Louis Vuitton

LVMH Moët Hennessy Louis Vuitton SE engages in the manufacture of luxury goods. It operates through the following business segments: Wines & Spirits, Fashion & Leather Goods, Perfumes & Cosmetics, Watches & Jewelry, Selective Retailing, and Other Activities & Eliminations. The Wines & Spirits segment produces and sells high quality champagne wines and sparkling wines. It also distributes vodka and white liquor. The Fashion & Leather Goods segment engages in the manufacture of luggage items, bags, accessories, shoes and clothes. The Perfumes & Cosmetics segment engages in the production and distribution of make-up, perfume and skin care products. The Watches & Jewelry segment manufactures luxury watches and accessories for men and women. It specializes in the field of chronographs and ultimate precision. The Selective Retailing segment is organized to promote an environment that is appropriate to the image and status of the luxury brands. It engages in the sale of luxury products to international travelers and on board cruise ships. This segment also manages beauty stores that combine direct access and customer assistance to customers. The Other Activities & Eliminations segment includes media division. It publishes newspapers and magazines, manages business and financial websites and holds radio stations. This segment also engages in the real estate industry and builds luxury yachts. The company was founded on January 1, 1987 and is headquartered in Paris, France.

Shares in LVMH Moet Hennessy Louis Vuitton fell on Wednesday after the luxury goods seller posted underwhelming financial results that signaled the end of a post-pandemic boom in demand for Champagne and expensive handbags.

LVMH shares slump on sales miss, sending rival luxury-goods makers lower

LVMH Moët Hennessy Louis Vuitton, the world's biggest luxury-goods company, struggled to lure big-spending Chinese consumers back to its boutiques after the end of China's pandemic restrictions.

Sales Slow at Louis Vuitton's Owner as China Sputters

Paris, October 10, 2023   LVMH Moët Hennessy Louis Vuitton, the world's leading high-quality products group, recorded organic revenue growth of 14% in the first nine months of 2023 compared with the same period in 2022. All business groups reported sustained organic revenue growth over the period, with the exception of Wines & Spirits, faced with a high basis of comparison.

LVMH: Organic revenue growth of 14% in the first nine months of 2023

Hermes International

Hermès is viewed, in my opinion, as the superior business due to its longer history, focus on its own brand, and its financial results over the last decade. LVMH is also a high-quality business with strong brand value and represents a prominent figure in the luxury industry. Both companies have demonstrated high returns on capital, double-digit revenue growth, and margin expansion.

LVMH Vs. Hermès: Only One Is A Buy Now

Luxury goods had a good run after the pandemic, lifting stocks like Gucci owner Kering and Burberry Group PLC (LSE:BRBY) as well as helping Bernard Arnault, the founder and boss of Louis Vuitton Moet Hennessy (EPA:MC), become the world's richest man for five months. Elon Musk has now reclaimed his throne and some luxury stocks have lost up to a quarter of their value – a clear signifier that the boom of high-end goods, particularly for clothing and jewellery, is ending.

LVMH results to help uplift struggling luxury industry, says JP Morgan

Burberry Group PLC

Ferrari

European luxury stocks have faced their worst quarterly performance since the pandemic struck, as concerns over the bleak outlook in the US, Europe and China seem to catch up. Having risen by 23% and 2% in the first and second quarters respectively, STOXX's Luxury 10 index fell by 15% between July and September.

Luxury stocks feel pinch as wider downturn looks to catch up

LVMH is a leading luxury conglomerate with a strong portfolio of brands, including Louis Vuitton, Christian Dior, and Sephora. The company has shown strong growth in revenue and profit, with double-digit growth in key segments. Despite not being cheap, LVMH is viewed as a solid investment with a realistic high upside potential.

Holy Heck, LVMH Is Getting Cheap(Er)

In the last three months, the market saw a significant decline due to rising rates and economic uncertainty, with luxury stocks taking a major hit. LVMH's heavy reliance on the US and Asian markets, combined with slowing sales in the US and economic challenges in China, has thrust the company into the spotlight. In my view, LVMH holds a robust position in both markets. Considering its target demographic, I believe the fears are exaggerated, presenting a compelling opportunity for long-term investors.

LVMH: Recent Sell-Off Spells Buying Opportunity (Rating Upgrade)

As well as being the proxy for the Paris stock market, LVMH is also a pretty good steer for the rest of the luxury branded goods sector. And its third quarter update next week will be closely watched to see if the gloomy mood over Chinese and US demand is lifting.

LVMH to indicate if luxury sector is stabilising in next week's update

Bayerische Motoren Werke AG

Luckin Coffee

Many foreign markets are struggling economically, with China's real estate issues weighing on the country's economy and much of Europe still in a recession. Moreover, high U.S. interest rates are hurting countries that don't have our strong labor market and resilient economic growth to offset that negative catalyst.

Global Gems: 3 High-Quality Overseas Stocks to Buy on Weakness

The CEO of luxury conglomerate LVMH reportedly dismissed money laundering allegations against him. The Paris prosecutor's office said it is undertaking a preliminary investigation into financial transactions between Bernard Arnault and Russian oligarch Nikolai Sarkisov, CNBC reported Monday (Oct. 2).

LVMH CEO Bernard Arnault Calls Money Laundering Reports ‘Absurd'

French billionaire Bernard Arnault, the CEO of luxury conglomerate LVMH Moet Hennessy Louis Vuitton SE, is reportedly under investigation for possible money laundering. The investigation, initiated by the Paris public prosecutor's office, focuses on Arnault's dealings with Russian businessman Nikolai Sarkisov and their transactions related to properties in the exclusive ski resort of Courchevel, Bloomberg reported Friday (Sept. 29), citing an article by Le Monde newspaper.

Report: LVMH CEO Bernard Arnault Faces Money Laundering Investigation

French authorities are looking into billionaire Bernard Arnault's dealings with a Russian businessman.  Nikolai Sarkisov bought properties in 2018 through intermediary companies, but the buyer was Arnault, reports said.

Authorities are investigating LVMH billionaire Bernard Arnault in potential money laundering probe

Bernard Arnault, the world's second-richest person and head of luxury goods group LVMH, is under investigation by the Paris public prosecutor's office for financial transactions allegedly involving money laundering. First reported by Le Monde, the investigation also encompasses Russian businessman Nikolai Sarkisov, whose brother Sergei founded the Russian insurance company Reso-Garantia.

Deals linked to LVMH bosses Arnault investigated over suspected money laundering

Bernard Arnault – the Chief Executive of LVMH is being investigated on financial transactions involving Nikolai Sarkisov. Who is Nikolai Sarkisov?

LVMH CEO Bernard Arnault under investigation

The Paris public prosecutor's office is investigating LVMH CEO Bernard Arnault over financial transactions involving Russian oligarch Nikolai Sarkisov.

LVMH boss Bernard Arnault under investigation in Paris over Russian oligarch transactions

The Paris public prosecutor's office confirmed on Friday that it is investigating financial transactions involving LVMH owner Bernard Arnault and Russian businessman Nikolai Sarkisov.

French prosecutor probes transactions involving LVMH's Arnault, Russian businessman

The annual influx of billionaires is leading to ‘odious' practices in the French Riviera town

‘Saint-Tropez has become LVMH Ville': locals slam super-rich ‘takeover'

Nomalisimg demand across the global luxury goods market has left Bank of America analysts backing those with a more affluent customer base. Including Hermes, Louis Vuitton Moet Hennessey, Brunello Cucinelli and Zegna, analysts highlighted a preference for those with a track record of showing resilience through periods of low growth.

LVMH, Hermes preferred as luxury demand normalises - broker

Broadcom

Warner Bros Discovery Inc

The thing about bear markets is they are so short-lived. Since 1928, the average bear market lasted just 15 months.

Is History Repeating Itself? 3 Growth Stocks to Buy for the Coming Bull Market

iShares MSCI ACWI ex U.S. ETF

Deutsche Boerse AG

HDFC Bank Limited

iShares MSCI India ETF

Taiwan Semiconductor Manufacturing

U.S. investors know how successful a strategy of investing in the S&P 500 through an index fund has been, especially as large technology companies have led such strong growth over the past decade. But markets change, as is being proven by the rise in U.S. interest rates.

Five stocks for investors who want to broaden their growth horizons beyond the S&P 500

LVMH has a strategic advantage in the luxury market due to its successful acquisitions and ability to elevate brands through pricing and diversification. LVMH focuses on preserving craftsmanship and maintaining a high-quality supply chain, while also leveraging the advantage of scale. Those attributes have contributed to the company's outperformance during the previous decade.

The LVMH Playbook: Crafting Luxury's Gold Standard With Acquisitions And Craftsmanship

Have you ever seen the luxury goods sector cheap? Not often. But we share a setup that can help us define risk vs. reward. We also share how we derive the risk vs. reward.

LVMH/Christian Dior: All Things Luxury Showing A Buy Setup

China's services sector expanded at its slowest pace in eight months. The implications for companies exposed to Chinese consumers aren't good.

It Isn't Just Alibaba. Latest China Data Hit LVMH, Too.

LVMH's recent price decline has made its market multiples a bit more attractive than they were even a couple of months ago. The company's robust H1 2023 performance encourages optimism on its full-year numbers. But with an uncertain outlook for its key markets, there are risks to the downside. On balance, there appears to be a limited upside to it right now, but that can change if it continues to perform or its P/E drops to historical lows.

News for LVMH Moet Hennessy Louis Vuitton Stock (LVMUY)