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LVMH Moet Hennessy sells Stella McCartney stake, reports 17% drop in 2024 profits

LVMH shares drop as profitability for 2024 decreases and company sells back stake in Stella McCartney's fashion label amid luxury demand slump.

Reuters · 2d

Diageo says it has no intention to sell Guinness or stake in Moet Hennessy

Guinness is an outlier in Diageo's business, which consists mostly of spirits rather than beer, but its performance recently has outshone that of key liquor labels, such as Johnnie Walker whisky.

Hosted on MSN · 20h

Diageo rules out sale of Guinness brand and stake in Moët Hennessy

Media reports suggested Diageo was considering asset sales to boost growth, cashing in on high demand for Guinness. View on euronews

Bloomberg L.P. · 2d

Diageo Doesn’t Intend to Sell Guinness, Moet Hennessy Stake

Diageo Plc said it doesn’t plan to sell the Guinness beer brand or its stake in Moet Hennessy, even as pressure grows on the company to find ways to revive growth.

GlobalData on MSN · 1d

Diageo denies speculation swirling around Guinness, Moët Hennessy

The drinks giant changed tack over the weekend after declining to comment on a report on Friday (24 January) that it was mulling a potential sale of Guinness.

Hosted on MSN · 2d

Diageo denies reports it is considering selling Guinness or its stake in Moët Hennessy

Bloomberg reported on Friday that Diageo was reviewing its portfolio and weighing up spinning off or selling Guinness.

6hon MSN

Why LVMH Moët Hennessy-Louis Vuitton Stock Flopped Today

In 2024, amid an uncertain environment, LVMH showed strong resilience. This capacity to weather the storm in highly turbulent times -- already illustrated on many occasions throughout our group's ...

LVMH Moët Hennessy - Louis Vuitton, Societe Europeenne (LVMHF) Q4 2024 Earnings Conference Call Transcript

LVMH Moët Hennessy - Louis Vuitton, Societe Europeenne ( OTCPK:LVMHF) Q4 2024 Earnings Conference Call January 28, 2025 12:00 PM ET Bernard Arnault - Chairman and CEO Jean-Jacques Guiony - CFO ...

LVMH Moet Hennessy Louis Vuitton (0HAU) Gets a Hold from Jefferies

Jefferies analyst James Grzinic maintained a Hold rating on LVMH Moet Hennessy Louis Vuitton (0HAU – Research Report) today and set a price ...

5don MSN

Will LVMH Moët Hennessy – Louis Vuitton, Société Européenne (LVMUY) Benefit From Improvement In The Chinese Domestic Economy?

Montaka Global Investments, an investment management company, released its fourth quarter 2024 investor letter. A copy of the ...

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