HESAF News and Press, Hermes Intl Sa From 11/10/23

2023-11-10 03:09:57 ET Summary Hermès continues to lead the luxury industry by consistently delivering impressive results despite growing industry concerns. Increasing profitability and robust cash flows demonstrate the resilience of the business and its potential to continue...

2023-11-07 03:33:13 ET Summary LVMH has experienced a significant decline in the last six months, down around 22%. A peer group analysis and a discounted cash flow analysis suggest that the company is currently fairly valued. With the high quality of the company and the domina...

2023-10-27 01:16:00 ET Summary The Ithaka Group is an independent investment boutique that specializes in managing high-quality, concentrated growth equity portfolios. The first quarter of 2023 saw the MSCI EAFE get off to its best start in four years, and second-best start in the...

2023-10-10 11:43:16 ET Summary Hermès is viewed, in my opinion, as the superior business due to its longer history, focus on its own brand, and its financial results over the last decade. LVMH is also a high-quality business with strong brand value and represents a prominent ...

2023-10-09 14:07:48 ET Summary Hermès has reported excellent results for the first half of FY 2023 while the stock has been on a decline since July. The selloff took place throughout the whole luxury sector with Hermès showing the least volatility. The valuation leve...

2023-10-06 03:41:13 ET Summary In the last three months, the market saw a significant decline due to rising rates and economic uncertainty, with luxury stocks taking a major hit. LVMH's heavy reliance on the US and Asian markets, combined with slowing sales in the US and economic ...

2023-10-03 15:25:02 ET Summary Moncler's stock is up 7% this year, outperforming other luxury stocks like LVMH. Moncler's healthy revenue growth and sustained performance in the EMEA market, set it apart from its peers. While its margins have softened, the second half of 2023 hold...

2023-09-30 21:57:06 ET Summary Prada's ADR has seen a 23% drop since April on a weakening sentiment for the luxury sector. This is despite the company's financials showing strong revenue growth and improved operating margins in H1 FY23. Expectations of a significant slowdown i...

2023-09-29 08:12:30 ET Summary Richemont's stock has fallen by 26.6% since June, underperforming other luxury stocks. Factors contributing to the decline include higher volatility, concerns about demand, and a reduced outlook. Despite the risks, the author believes that Richem...

2023-09-26 15:10:37 ET More on Compagnie Financière Richemont SA, LVMH Moët Hennessy, etc. LVMH: Robust Growth With An Attractive Valuation Prada, luxe retailers are a good bet, but the payoff will take time: BofA European luxury stocks are viewed cautiousl...