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LVMH NEWS ON FASTMOVING

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LVMH offers to buy Tiffany for more than $14bn

LVMH offers to buy Tiffany for more than $14bn

29/10/2019 - 08:44
LVMH, the French owner of Louis Vuitton and Givenchy, offered to buy jeweller Tiffany for about $14.5bn in a deal that would expand its access to US luxury shoppers, people familiar with the situation said. read more
Fashion house Chanel parades its independence as profits rise

Fashion house Chanel parades its independence as profits rise

18/06/2019 - 12:49
Luxury fashion group Chanel, whose star designer Karl Lagerfeld died in February, reported higher annual sales and profits and once again reaffirmed its independence, stating it was not for sale. read more
Luxury group lifts shares on Vuitton's 'unheard of' China growth

Luxury group lifts shares on Vuitton's 'unheard of' China growth

06/06/2019 - 08:59
LVMH shares gained after the head of the Louis Vuitton brand gave a rosy view of its China business, easing concerns about the effects of a trade war with the US.  read more
Rihanna and LVMH to launch fashion house under Fenty brand

Rihanna and LVMH to launch fashion house under Fenty brand

13/05/2019 - 09:06
Pop star Rihanna is joining LVMH to launch a fashion house under her Fenty brand, pairing the world’s largest luxury conglomerate with one of the biggest cultural influencers. read more
 LVMH shares react well to positive comments in results

LVMH shares react well to positive comments in results

31/01/2019 - 11:07
LVMH shares surged high after LVMH struck a “cautiously” confident tone for the year and said sales had picked up in China in the fourth quarter.  read more
Moët & Chandon launches champagne bottles designed by Virgil Abloh

Moët & Chandon launches champagne bottles designed by Virgil Abloh

17/12/2018 - 19:32
Moët & Chandon has unveiled limited-edition champagne bottles designed by Virgil Abloh for Nectar Impérial Rosé. read more
Booming online luxury goods sales convert watchmakers to the web

Booming online luxury goods sales convert watchmakers to the web

26/03/2018 - 10:20
A boom in online luxury goods sales is finally convincing high-end watchmakers, long sceptical that customers would pay thousands to buy timepieces on the web, to step up investments in e-commerce. read more
LVMH wines & spirits sees 7% growth in 2017

LVMH wines & spirits sees 7% growth in 2017

29/01/2018 - 09:46
The wine and spirits business of LVMH Moët Hennessy Louis Vuitton recorded organic growth of 7% in 2017, with revenue reaching €5.084 billion.  read more
Rejuvenated LVMH gets boost from China’s resurgent luxury goods market

Rejuvenated LVMH gets boost from China’s resurgent luxury goods market

29/01/2018 - 08:43
LVMH continues to get a boost from a luxury rebound in China, with demand for Louis Vuitton handbags and Dior perfumes racing ahead in the holiday season. read more
LVMH stock nears record high as revenue beats forecasts

LVMH stock nears record high as revenue beats forecasts

12/10/2017 - 08:32
Shares in LVMH climbed towards record highs on Tuesday, after the world’s biggest luxury goods company reported stronger than forecast revenue growth for the third quarter. read more
LVMH has luxury market in the bag as shares soar

LVMH has luxury market in the bag as shares soar

12/04/2017 - 11:10
Paris — LVMH shares rose to a record in Paris after the luxury leader’s sales far exceeded estimates on rebounding demand for items from Louis Vuitton bags to Hennessy cognac. read more
Richemont invites LVMH to join luxury retail website - France

Richemont invites LVMH to join luxury retail website - France

10/06/2015 - 08:50
Paris - Richemont [JSE:CFR] chairperson Johann Rupert invited LVMH Moet Hennessy Louis Vuitton and Gucci owner Kering to join in an attempt to build a luxury retail website that can compete with the world’s largest online vendors. read more