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LVMH: Luxury Sector Reports Smaller Than Expected Drops In Revenue
Wednesday, October 21, 2020 - 12:47pm | 811Read More...Lockdowns and travel bans have smashed the luxury industry which depends on physical stores for the bulk of its sales. But LVMH Moet Hennessy Louis Vuitton SA (OTC: LVMUY) offered a glimpse of hope last week as it reported a smaller than predicted drop in revenues. The French conglomerate saw...
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Tiffany And LVMH – There Will Be No Blue Box
Monday, September 21, 2020 - 10:56am | 1065Read More...Luxury goods giant LVMH Moët Hennessy Louis Vuitton (OTC: LVMUY) won't be going through with its takeover of Tiffany & Co. (NYSE: TIF) for $14.5 billion. The conglomerate blamed the French government for requesting a delay beyond January due to the potential threat of U.S. tariffs...
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Diageo Shares Spike Briefly On Rumor Of Moet Hennessy Stake Sale
Wednesday, June 17, 2015 - 10:42am | 233Read More...Diageo plc (NYSE: DEO) shares spiked around 10:30 a.m. following a rumor that LVMH Moet Hennessy Louis Vuitton SE (ADR) (OTC: LVMUY) would move to buy the company's 34 percent stake in Moet Hennessy. LVMH, the world's largest luxury good provider, sold a portion of its Moet Hennessy...
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Barron's Recap (12/22/12): Betting on Europe in 2013
Saturday, December 22, 2012 - 1:24pm | 879Read More...This weekend in Barron's online: the outlook for European stocks in 2013, the prospects for PNC Financial Services and Central Garden & Pet, uncovering the hidden potential for higher corporate earnings, and a fresh look at Washington, D.C. Cover Story "Europe on Sale" by Jonathan Buck....
