Investment bank Morgan Stanley has raised its rating on French luxury goods giant LVMH to 'overweight' from 'equal weight'. "While LVMH should face a number of challenges in 2025, the Group's prospects have materially improved in recent weeks,
French billionaire Bernard Arnault's family is struggling to secure a deal on a much-needed new stadium for its recently acquired football team Paris FC, with compensation and other costs proving a sticking point in discussions,
French luxury behemoth LVMH is scheduled to report results for 2024 on Tuesday. Here is what you need to know. SALES FORECAST: The owner of brands Louis Vuitton and Dior is expected to report revenue of 23.
LVMH Watch Week in New York City, under La Fabrique du Temps Louis Vuitton, includes brands like Bulgari, Hublot, relaunched Daniel Roth and Gérald Genta.
LVMH, which is controlled by the family of multibillionaire Bernard Arnault, was a major sponsor of the Summer Games in Paris.
He’s someone Trump really looks up to and wants to make happy,” a source said of LVMH CEO Bernard Arnault, the wealthiest man in France.
Investing.com -- Morgan Stanley (NYSE: MS) lifted its rating on LVMH (EPA: LVMH) stock to Overweight from Equal Weight, citing “materially improved” prospects for the luxury fashion giant and company-specific factors.
LVMH said on Tuesday it was "impossible" to control the final destination of products sold by third-party distributors after a report said the French luxury group's champagne reached Russia even after it halted business there.
The medals were designed by a jewelry maker owned by the French luxury conglomerate, which has declined to comment on their deterioration.
LVMH Watch Week touched down in New York, further cementing the importance of the American market in the world of luxury horology. Originally slated to bow in Los Angeles, the sixth edition of the event quickly pivoted to New York and Paris in response to the devastating wildfires that the city continues to face.
The "Magnificent 7" are set to dominate earnings focus in the coming week, as five of these tech giants are due to report, though there are still a number of other big names releasing results. Tesla (TSLA),
LVMH Watch Week has kicked off with cool new timepieces like a guichet watch from Louis Vuitton to Bird on a Rock pieces from Tiffany.