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.
Stella McCartney buys mack minority stake from LVMH, Reuters reports
Stella McCartney is buying back the minority stake in her fashion brand held by LVMH (LVMUY) Moet Hennessy Louis Vuitton, but will continue to
LVMH Sells Stella McCartney Stake to Founder After Downturn
LVMH Moët Hennessy Louis Vuitton SE is selling its stake in Stella McCartney back to the brand’s founder as the luxury group cleans up its portfolio of labels amid a downturn for high-end goods.
Stella McCartney Buys Back Own Stock from LVMH
LVMH Moet Hennessy Louis Vuitton said Stella McCartney has bought back the minority shareholding the company owns in her fashion house. The company said late Monday that the purchase reflects McCartney's plan for independence after working closely with the group to strengthen the fundamentals and governance of her house.
Stella McCartney buys back stake in fashion brand from LVMH
It is the latest stake sale by Louis Vuitton Moet Hennessy as it tackles a wider slowdown in the luxury sector.
Stella McCartney Buys Back Minority Stake From LVMH
Stella McCartney is buying back the minority stake in her fashion brand held by LVMH Moët Hennessy Louis Vuitton, the luxury giant said in a brief statement. The group said she was taking back the stake "after more than five years of fruitful collaboration with LVMH.
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 ...
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.
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 ...
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 ...
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 ...
Diageo reaffirms commitment to Guinness and Moet Hennessy
PLC, the British multinational beverage alcohol company, confirmed that it has no plans to sell its iconic Guinness brand or ...
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 ...
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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 ...
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The Hennessy Effect: Redefining Chinese New Year Luxury
From traditional family gatherings to Instagram-worthy installations at The Exchange TRX and exclusive events at Upper House ...
LVMH Moet Hennessy Louis Vuitton (0HAU) Receives a Hold from UBS
UBS analyst Zuzanna Pusz maintained a Hold rating on LVMH Moet Hennessy Louis Vuitton (0HAU – Research Report) today and set a price target of ...
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 ...