LVMUY News and Press, LVMH Moet Hennessy Louis Vuitton ADR From 08/04/23

2023-08-04 03:32:14 ET Summary Tapestry is positioned well in the fashion industry due to its strong brands Coach and Kate Spade, with Coach showing signs of improved growth. Margins have remained stable, but improvement in the performance of Kate Spade could lead to an overall im...

2023-08-01 11:49:34 ET Summary Hermès announced H1-23 industry-leading results that exceeded expectations. Revenues totaled €6.7B, reflecting 22.3% growth and operating profit amounted to €2.9B, reflecting 44.0% margins, an improvement of 400 bps. The compan...

2023-07-31 06:35:21 ET Summary Hugo Boss, a German luxury fashion brand, is known for its timeless elegance and quality craftsmanship. Hugo Boss is experiencing a transformation, as management seeks to revitalize the brand. We do not wholly believe in it, although see near-term gr...

2023-07-27 22:44:02 ET Summary Ermenegildo Zegna's stock has seen strong growth YTD, but the best is likely yet to come. The company's acquisition of Tom Ford International and strong demand from China led to exceptional revenue growth in the first half of 2023. Margin expansion i...

2023-07-25 19:00:18 ET Summary LVMH just published its H1-23 results, demonstrating domination and differentiation in the luxury market, while its peers are struggling. Revenues and EPS crushed expectations, with 15% and 30% growth, respectively. Excluding the U.S., growth was bro...

2023-07-25 18:06:05 ET LVMH Moet Hennessy Louis Vuitton SE (LVMHF) Q2 2023 Earnings Conference Call July 25, 2023, 12:00 ET Company Participants Jean-Jacques Guiony - CFO Christopher Hollis - Director, Financial Communications Rodolphe Ozun - Deputy Director, Inv...

2023-07-25 15:35:09 ET Summary Kering SA has seen a 6.9% price decline since April, due to weak financial performance, particularly for Gucci, which accounts for half of the company's revenues. While its margins are attractive and attempts at reviving Gucci's growth are underway, ...

INCLINE VILLAGE, Nev., July 20, 2023 (GLOBE NEWSWIRE) -- Vintage Wine Estates, Inc. (Nasdaq: VWE and VWEWW) (“VWE” or the “Company”), one of the top wine producers in the U.S. with an industry leading direct-to-customer platform, today announced the appointment of ...

2023-07-19 07:35:46 ET Summary LVMH has demonstrated resilience and growth in the luxury market, with a significant rebound following the COVID-19 pandemic and a 36% organic sales growth in 2021. The rise of the middle class in China has led to a surge in demand for luxury product...

2023-07-17 11:00:53 ET Summary LVMH is well-positioned to benefit from the growth of the luxury goods industry, particularly in China, due to its strong market position and renowned brands. The company consistently surpasses analyst estimates and maintains an impressive margin pro...