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.

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Louis Vuitton, LVMH's biggest sales driver, has beefed up stocks of its handbags and other luxury wares to feed its growing online business in mainland China, as Chinese consumers  spend more at home, its management told analysts.

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Sephora to shut US stores for a day to conduct diversity training after racial incident

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Barbadian singer Rihanna has unveiled her new fashion brand with Louis Vuitton owner LVMH, a rare move by the French group to set up a label from scratch as it taps into soaring demand for celebrity collaborations in the luxury world.

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LVMH has announced that it will be partnering with Robyn Rihanna Fenty to create a new luxury fashion house called "Fenty."

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Louis Vuitton owner LVMH  is launching a new fashion brand with Barbadian singer Rihanna, in a rare move by the French group to set up a label from scratch as it taps into soaring demand for celebrity collaborations in the luxury world.

LVMH pairs up with Rihanna for new fashion brand

LVMH Moet Hennessy Louis Vuitton SE said Friday that it is launching the new Rihanna luxury label this spring.

LVMH is launching Rihanna's luxury brand in the spring

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LVMH said revenues rose 16 percent to 12.5 billion euros ($14.10 billion), up 11 percent on a like-for-like basis.

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Sephora said Monday that it will add 35 locations in 2019, including a store in New York's newest development, Hudson Yards, which launches on March 14.

News for LVMH Moet Hennessy Louis Vuitton Stock (LVMUY)