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LVMH Moët Hennessy - Louis Vuitton, Société Européenne (LVMHF) Q2 2022 Results Conference Call July 26, 2022 12:00 PM ET Company Participants Chris Hollis - Head of Investors Relations Jean-Jacques Guiony - CFO Conference Call Participants ...
French luxury group LVMH ( OTCPK:LVMUY ) saw 21% organic sales growth in the first half of 2022, overcoming concerns on slow sales in China and inflation. Sales across the business jumped 28% from the first half of 2021, led by surging demand for leather goods, wine &...
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High-end watch prices continue to plummet, making for another possible bad sign for luxury retailers like LVMH ( OTCPK:LVMHF ), Richemont ( OTCPK:CFRHF ) and more that either directly sell flashy watches themselves or rely upon high-end consumers willing to splash out on st...
Apple investors are anxiously waiting for its next earnings report next Thursday. Here, I suggest we all take a moment away from the quarterly news and pay tribute to Jony Ive. Tech caters to a fundamental human need: the need to do things faster. But Apple now caters to an even s...
Shares of luxury retailers Burberry ( OTCPK:BURBY ), LVHMH ( OTCPK:LVMHF ), and Richemont ( OTCPK:CFRUY ) all fell sharply after some worrying signals in the former’s earnings report. While Burberry ( OTCPK:BURBY ) reported a beat on earnings per share for the...
Chinese commerce continues to grow and stay resilient even with the Covid-19 situation in China, based on the recent 618 Shopping Festival 2022 figures. International commerce is likely to be a long-term growth driver, as the Lazada business increases penetration and focus in the regi...
Falling high-end watch prices could point to worrisome prospects for luxury retailers like LVMH ( OTCPK:LVMHF ) and Richemont ( OTCPK:CFRHF ) during 2022's second half. According to WatchCharts , resale prices for luxury watches - which some people buy as investments - h...
LVMH is a holding company based in France and arguably the world’s leading luxury conglomerate. LVMH (LVMUY) stock is down 20% YTD and accumulating an equity position looks attractive. Given LVMH’s history of outperforming the market in both business growth and value...
LVMH Moet Hennessy ( OTCPK:LVMHF ) inked a deal to acquire California wine-maker Joseph Phelps Vineyards for an undisclosed amount. The agreement includes the brand, winery and inventory of the Napa Valley wine giant, as well as several hundred acres of vines in Napa Va...
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2024-06-11 08:14:00 ET LVMH Moët Hennessy -- Louis Vuitton (OTC: LVMHF) (OTC: LVMUY) , more commonly referred to as LVMH, is one of the most valuable brands in the world. After a strong share price run over the past decade, the American depositary receipts for the luxury ...