Factbites
 Where results make sense
About us   |   Why use us?   |   Reviews   |   PR   |   Contact us  

Topic: LVMH


Related Topics

In the News (Mon 4 Jun 12)

  
  LVMH - Wikipedia, the free encyclopedia
LVMH Moët Hennessy Louis Vuitton S.A. Euronext: MC), usually shortened to LVMH, is a French holding company and the world's largest luxury goods conglomerate.
The oldest of the LVMH brands is wine producer Château d'Yquem, which dates its origins back to 1593.
LVMH is based in Paris, France, and is listed on Euronext Paris and is a constituent of the CAC 40 index.
en.wikipedia.org /wiki/LVMH   (364 words)

  
 France : LVMH extends patronage to four fall’s cultural events - Textile Fashion News Fibre2Fashion   (Site not responding. Last check: 2007-10-09)
Christian Dior and LVMH are the patrons of the opening events at the Cinémathèque Française in Bercy, as well as the inaugural exhibition “Renoir, Renoir”.
LVMH / Moët Hennessy, Louis Vuitton is accompanying the Palais de Tokyo in its rediscovery of the extraordinary journey made by Robert Malaval.
LVMH’s support ofthese exhibitions is part of a series of patronage actions that promote culture, heritage and artistic creation.
www.fibre2fashion.com /news/company-news/louis-vuitton-moet-chandon-lvmh/newsdetails.aspx?news_id=5825   (281 words)

  
 LVMH: Luxury's International Name
LVMH's results were even better in the first quarter of this year, with sales up 10 percent — the first increase in five quarters.
LVMH is all about the power of brand, and its stable is jammed with famous names: Upscale leather goods retailer Louis Vuitton, its largest unit; wine and spirit makers Moet & Chandon and Hennessy cognac; fashion lines Donna Karan, Fendi and Givenchy, and others — watchmaker TAG Heuer, for example, and shirtmaker Thomas Pink.
LVMH is working hard to keep its star brands in the limelight, opening new stores in New York and Paris and constantly reinforcing the value of its brands.
retailtrafficmag.com /mag/retail_lvmh_luxurys_international/index.html   (1274 words)

  
 CNN.com - LVMH suffers at departure gate - Mar. 8, 2002
France's LVMH, whose brands range from Givenchy and Kenzo in fashion to Louis Vuitton luggage and Moet & Chandon champagnes, is reliant on tourism for much of its sales but a slowing global economy has damaged profits.
LVMH, the world's biggest luxury goods maker, which has been expanding its global presence and brand with the acquisition of Donna Karen and Fendi last year, repeated its undertaking to "significantly improve'' operating profit in 2002 and said it planned to concentrate in 2002 on internal growth, profitability and cash flow.
LVMH, which invested heavily in the brand and withdrew from Germany and Japan, now expect the business to break even in 2003, while 2002 is forecast to be "very slightly negative."
archives.cnn.com /2002/BUSINESS/03/08/lvmh   (353 words)

  
 Fool.com: LVMH to Cut (Stock) Prices [News] May 17, 2000
The challenge for investors in LVMH, assuming they believe in the company and its ability to execute, may be trying to determine how much value each of its acquisitions and new divisions actually add.
As a result, investors must be careful and ask themselves how much increased leverage LVMH can find in the super-luxury goods segment, where the strength of brand must be maintained at all costs.
In LVMH's case, its financial growth is largely driven by its Louis Vuitton luggage division, but that's not where its money is going.
www.fool.com /news/2000/lvmhy000517.htm   (626 words)

  
 Press release : LVMH CompanynewsGroup
LVMH Moët Hennessy Louis Vuitton, the world's leading luxury products group, announces the launch of a recommended public offer through its subsidiary Moët Hennessy to the shareholders of Glenmorangie plc.
LVMH is present in the Perfumes and Cosmetics sector with Parfums Christian Dior, Guerlain, Parfums Givenchy, Parfums Kenzo, Perfumes Loewe as well as other promising cosmetic companies (BeneFit Cosmetics, Make Up For Ever, Acqua di Parma and Fresh).
LVMH is also active in selective retailing through DFS, Sephora in Europe and the United States, Le Bon Marche and La Samaritaine.
www.companynewsgroup.com /communique.asp?co_id=93531   (469 words)

  
 LVMH scripts plan to boost watch sales
LVMH entered India nine months ago with Tag Heuer, and then launched the Christian Dior watch brand.
LVMH Watch and Jewellery has four premium watch brands, the other two are Zenith and Ebel.
While he refused to divulge any figures on how much LVMH Watch and Jewellery is investing in India, it is understood that they are investing anywhere between Rs 8-10 crore on marketing alone in the first year of their operations in India.
www.rediff.com /money/2003/jul/02lvmh.htm   (592 words)

  
 SignOnSanDiego.com > News > Business -- Court orders Morgan Stanley to pay $38.5 million to LVMH over research
LVMH, whose brands include Vuitton bags, the Kenzo and Givenchy fashion lines, Tag Heuer watches and Moet et Chandon champagne, had demanded euro100 million ($128.5 million) in damages.
The LVMH case was being closely watched for signs that more private suits could follow from disgruntled rivals of their investment banking clients.
But a senior LVMH official said that far from intimidating financial analysts, the ruling would encourage them to resist pressure to favor companies with whom their firms have business relationships.
signonsandiego.com /news/business/20040112-1421-morganstanley-lvmh.html   (660 words)

  
 ABC News: Luxury Goods Giant LVMH Sales Up 13 Pct
LVMH's strong second quarter allayed fears that trading might have been hurt by lower consumer spending in the U.S. and volatility of demand in emerging markets.
With the luxury goods sector riding booms in oil, commodities and banking, LVMH growth this year is several points faster than average annual growth over the previous decade.
LVMH shares rose 1.79 percent to close at 76.70 euros ($96.90).
abcnews.go.com /Business/wireStory?id=2235105   (375 words)

  
 Identity Crisis at LVMH? (int'l edition)
LVMH Moet Hennessy Louis Vuitton has taken a controlling $200 million stake in La Samaritaine and plans to renovate it as a luxury emporium stocked with upscale brands such as Fendi and Christian Dior.
LVMH sales are expected to rise about 30%, to more than $9 billion this year, with earnings up over 20% to $750 million.
LVMH doesn't expect any of the 62 stores it has opened in the U.S. since last year to be profitable before 2002.
www.businessweek.com /2000/00_50/b3711228.htm   (574 words)

  
 CNN.com - LVMH - Nov. 12, 2001
LONDON (CNN) -- LVMH issued its third profit warning in two months, citing the September 11 terror attacks as having a serious impact on the global luxury goods market.
France's LVMH Moet Hennessy Louis Vuitton, whose brands range from Givenchy and Kenzo in fashion to Louis Vuitton luggage and Moet and Chandon champagnes, said group sales fell 5 percent to
LVMH expected the reduction in operating profit to be between 10 percent and 15 percent, but said it "will obviously be determined by how the economic climate evolves in the last two months of the year."
edition.cnn.com /2001/BUSINESS/11/12/lvmh/index.html   (272 words)

  
 Amsterdams Hof: Gucci moet met LVMH overleggen over overname
Verder bepaalde het Hof dat het stemrecht van LVMH in Gucci, dat eerder tijdelijk bevroren werd, weer geldig wordt.
LVMH bleek twee biedingen gedaan te hebben; een bod van USD 81 per aandeel voor 100% in Gucci en een bod van USD 85 per aandeel op de aandelen van Gucci buiten het belang van het PPR en het personeelsoptieplan.
Het bod van LVMH van USD 85 per aandeel op de aandelen van Gucci buiten het belang van het PPR en het personeelsoptieplan werd door de raad van commissarissen van Gucci verworpen.
www.nieuwsbank.nl /inp/1999/03/0324U025.htm   (516 words)

  
 BBC News | The Company File | LVMH may abandon Gucci bid
Mr Pinault came to the rescue of the Gucci board, which was opposed to the LVMH bid, in a complex share manoevre that has now been given legal backing.
Since January, LVMH gradually built up a 34% stake in Gucci, but it was diluted to 20% after the PPR deal.
"LVMH's accusations that it was hindered seriously in launching a public bid because of the PPR deal are not valid," the ruling by the Enterprise Court said.
news.bbc.co.uk /2/hi/business/355166.stm   (509 words)

  
 LVMH to Acquire Donna Karan
LVMH Moet Hennessy-Louis Vuitton, the luxury products group, has signed an agreement to acquire 100% of Gabrielle Studio Inc., the privately owned licenser of Donna Karan trademarks.
LVMH also submitted a proposal to the board of directors of Donna Karan International to acquire the company for $8.50 per share in cash, which is a 74% premium over the closing price on Dec. 15.
LVMH hopes to combine Donna Karan International and Gabrielle Studio and have Donna Karan continue as chief designer in the combined company.
www.professionaljeweler.com /archives/news/2000/121800story.html   (199 words)

  
 BBC NEWS | Business | LVMH wins Morgan Stanley damages
LVMH said it could prove that Morgan Stanley's research had cost it over 70 million euros, on top of the harm to its reputation.
In a court hearing in November 2003, LVMH lawyer Georges Perrier said the bank had for three years issued false advice about the luxury house's financial situation when it was engaged in a long-running bid to take control of Gucci.
The ensuing legal battle was acrimonious, with sources close to the case saying that neither side had made any attempt to settle out of court.
news.bbc.co.uk /2/hi/business/3390069.stm   (341 words)

  
 LVMH Ruling For The Classes, Not Masses - Forbes.com   (Site not responding. Last check: 2007-10-09)
Additionally, LVMH alleged Morgan Stanley tried to manipulate LVMH's stock price, and that it did so partly to curry favor with Gucci Group (nyse: GUC - news - people), arch rival of LVMH, which was also a Morgan Stanley investment banking client.
LVMH says Morgan Stanley's conduct is similar to that which has drawn criticism in the U.S. and which led to a global $1.4 billion settlement between the top Wall Street banks, the New York attorney general, and the U.S. Securities and Exchange Commission.
In this case, the court found the analyst statements--concerning the impending downgrade of LVMH's credit rating, the supposed "maturity" of its Louis Vuitton brand, the assertion that LVMH's management destroyed shareholder value, and the presentation of the bank's conflicts of interest--to be specific and factually erroneous.
www.forbes.com /2004/01/12/cx_da_0112lvmh.html   (644 words)

  
 LVMH, Louis Vuitton Moet Hennessy; FashionUnited
LVMH anticipates maintained momentum in the second half and “confirms its objective of a very significant increase in its results in 2006.” However, during the conference call held on earlier this week, analysts were critical of the performance of Wines and Spirits and its effect on overall sales results.
The museum that will house LVMH's art collection, as well as temporary exhibitions, has been designed by architect Frank Gehry and will be located in the Jardin d'Acclimatation in the Bois de Boulogne.
LVMH said it was “well positioned” for 2006, and would “pursue its strategy of concentrating on internal growth and the development of its leading brands in 2006”.
www.fashionunited.co.uk /news/lvmh.htm   (2717 words)

  
 CNN.com - LVMH cuts operating profit forecast amid U.S. terror concerns - Sep. 13, 2001
LVMH, whose brands range from Givenchy and Kenzo in fashion to Louis Vuitton luggage and Moet and Chandon champagnes, has seen its stock plunge 20 percent since the deadly attack on Tuesday.
The company, which agreed this week to end a two-year dispute over the control of the Gucci fashion house, is reliant on tourism for much of its sales but a slowing global economy is hurting the Paris-based company.
LVMH said operating profit in the six months to fell 7.1 percent to
edition.cnn.com /2001/BUSINESS/09/13/lvmh/index.html   (312 words)

  
 LVMH, De Beers to open luxury diamond stores - Jan. 16, 2001
LVMH will retain management control with De Beers having no day-to-day operational involvement in running the company, LVMH said.
LVMH Group Managing Director Myron Ullman is to be appointed as chairman of the new company, the French firm said.
LVMH said the South African miner would have no day-to-day role in the management of the company and the retailer will not buy diamonds directly from the De Beers group.
money.cnn.com /2001/01/16/europe/lvmh_debeers   (552 words)

  
 CNN.com - Paris court fines M. Stanley $38m - Jan. 12, 2004
The court said Morgan Stanley had committed a "serious fault" to the detriment of LVMH and must pay a further 10,000 euros to restore the brand.
LVMH stock erased earlier losses after the ruling, trading up 0.17 percent at 59.15 euros by 1357 GMT.
LVMH alleged that Morgan Stanley published incorrect information about its debt position, credit rating and currency exposure, tried to manipulate its stock price, and concealed its banking relations with LVMH's arch rival Gucci.
www.cnn.com /2004/BUSINESS/01/12/morganstanley.lvmh.reut   (357 words)

  
 Latvijas Republikas Ārlietu Ministrija: LVMH balvas laureāts Pēteris Noviks piedalās jauno mākslinieku izstādē ...
LVMH balvas laureāts Pēteris Noviks piedalās jauno mākslinieku izstādē Parīzē
LVMH mērķis ir veicināt jauno mākslas talantu attīstību Francijas un citās pasaules mākslas skolās.
LVMH balvas piešķiršanas komisija konkursa uzvarētājus paziņoja šī gada 18.maijā.
www.mfa.gov.lv /lv/Jaunumi/PazinojumiPresei/2006/oktobris/12-1/?print=on   (245 words)

  
 LVMH obtient une enquête sur l’alliance Gucci-PPR
Depuis, LVMH réclame en justice soit le lancement d’une telle offre soit l’annulation de l’alliance PPR/Gucci.
Le tribunal d’Amsterdam a en revanche rejeté la seconde requête de LVMH, exigeant l’ouverture d’une enquête sur les fameuses stocks options -un total de 5,25 millions d’actions selon LMVH- qui auraient été perçues dans le cadre de l’alliance par le président de Gucci, Domenico de Sole et son styliste vedette Tom Ford.
C’est la deuxième fois que LVMH et PPR se retrouvent devant la juridiction néerlandaise.
www.lexpansion.com /Pages/PrintArticle.asp?ArticleId=51485   (310 words)

Try your search on: Qwika (all wikis)

Factbites
  About us   |   Why use us?   |   Reviews   |   Press   |   Contact us  
Copyright © 2005-2007 www.factbites.com Usage implies agreement with terms.