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.

Luxury goods giant LVMH on Monday became the first European company to surpass $500 billion in market value.

Luxury goods giant LVMH becomes the first European company to surpass $500 billion in market value

Paris, Thursday, April 20th, 2023 At the Annual Shareholders' Meeting of LVMH Moët Hennessy Louis Vuitton held on Thursday, April 20th, 2023, approval was given for the payment of a dividend for financial year 2022 of 12.00 Euros per share. Taking into account the 5.00 Euros paid on Monday, December 5th, 2022, the balance of 7.00 Euros will be paid on Thursday, April 27th, 2023.

LVMH 2022 Dividend

LVMH-Moet Hennessy Louis Vuitton SA (LVMUY) made it through our "Recent Price Strength" screen and could be a great choice for investors looking to make a profit from stocks that are currently on the move.

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LVMH boss Bernard Arnault's wealth hit all-time high of $210B even as French protesters stormed office

The French president and his government argue the new law is needed to ensure that France's generous pension system does not go bust.

French protesters storm headquarters of luxury goods company LVMH

US consumers cut down their spending on high-end goods such as leather and jewellery in the first three months of 2023, luxury group LVMH Moët Hennessy Louis Vuitton's latest financial results show.  LVMH, whose portfolio of brands includes Tiffany & Co, Christian Dior, Fendi, Stella McCartney, and Sephora, delivered a 17% jump in revenue in 1Q results driven by strong performance in the Asian and European markets.

LVMH results point to US consumers' reduced appetite for luxury goods

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Consumer desire for luxury goods in post-COVID China has meant good news for LVMH. The Louis Vuitton owner on Wednesday (April 12) reported a 17% increase in sales for its first quarter, driven in part by a resumption of shopping among Chinese consumers following the lifting of that country's strict pandemic restrictions.

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Shares in LVMH, the world's biggest luxury group, jumped to a record high Thursday after it reported strong first-quarter sales buoyed by the economic re-opening in China.

The owner of Tiffany and Dior gets a boost from China's reopening

LVMH Moet Hennessy Louis Vuitton SE on Wednesday reported first-quarter sales above expectations, as a lifting of sanitary restrictions in China boosted performance there, and a rebound in international travel drove duty-free sales.

LVMH reports stronger-than-forecast sales, helped by China demand

The luxury goods company posted strong results to start the fiscal year, coming off the tail of a record-setting year for revenue.

LVMH's Revenue Jumps 17%. Tourists Are Still Shopping.

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LVMH Boosted by Rebound in Luxury Spending in China

LVMH Moët Hennessy Louis Vuitton, the world's leading high-quality products group, recorded revenue of 21 billion euros in the first quarter of 2023, up 17% compared to the same period of 2022. Organic revenue growth was 17%. LVMH had an excellent start to the year, within a geopolitical and economic environment which remains uncertain.

Excellent start to the year for LVMH

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The Shareholders' Meeting will be held on Thursday, April 20th, 2023 at 10.30 a.m. at Carrousel du Louvre, 99 rue de Rivoli, 75001 Paris.

LVMH: Combined Shareholders' Meeting of Thursday, April 20th, 2023 & Procedures for making available and consulting preparatory documents

LVMH Moët Hennessy Louis Vuitton announces the availability of its 2022 Universal Registration Document (URD), in accordance with applicable regulations.

LVMH: AVAILABILITY OF THE 2022 UNIVERSAL REGISTRATION DOCUMENT

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LVMH is a luxury powerhouse and a multi-decade trendsetter, whose brands are the embodiment of prestige and class. The company's pricing power is almost unparalleled, as its customers are high-net-worth men and women who crave LVMH's unique status-signaling products.

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