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LVMH Moet Hennessy Louis Vuitton SE (LVMUY.PK)

LVMUY.PK on OTC Markets Group

83.71USD
1:17am IST
Change (% chg)

$0.07 (+0.08%)
Prev Close
$83.64
Open
$84.15
Day's High
$84.22
Day's Low
$83.31
Volume
44,113
Avg. Vol
101,880
52-wk High
$88.00
52-wk Low
$54.36

Latest Key Developments (Source: Significant Developments)

LVMH Says Debating Whether To Increase Wine Prices In Response to U.S. Tariffs
Thursday, 10 Oct 2019 

Oct 10 (Reuters) - LVMH Moet Hennessy Louis Vuitton SE ::CFO SAYS UNCLEAR YET HOW TO RESPOND TO LOOMING NEW U.S. TARIFFS ON FRENCH WINE, ONE POSSIBILITY IS TO INCREASE PRICES.  Full Article

LVMH Says Hong Kong Sales Fell About 25% in Q3
Thursday, 10 Oct 2019 

Oct 10 (Reuters) - LVMH Moet Hennessy Louis Vuitton SE ::SAYS SALES TRENDS AMONG CHINESE AND AMERICAN CLIENTS IN Q3 WAS IN LINE WITH PREVIOUS QUARTERS.CFO SAYS SALES IN HONG KONG FELL ROUGHLY 25% IN Q3, SITUATION WAS WORSE IN AUGUST AND SEPTEMBER AND HAS NOT IMPROVED.CFO SAYS COMPANY IS HAVING CONVERSATIONS WITH LANDLORDS OVER RENTS IN HONG KONG AMID PROTESTS.CFO SAYS MARGINS WILL BE AFFECTED BY HONG KONG AS A RESULT OF PROTESTS, USUALLY A VERY PROFITABLE MARKET.  Full Article

LVMH Like-for-Like Sales Accelerated In Japan in Q3
Thursday, 10 Oct 2019 

Oct 10 (Reuters) - LVMH Moet Hennessy Louis Vuitton SE ::SAYS LIKE-FOR-LIKE SALES ROSE 12% IN ASIA EXCLUDING JAPAN IN Q3, SALES WERE UP 20% IN JAPAN.SAYS LIKE-FOR-LIKE SALES ROSE 11% IN EUROPE IN Q3, AND 8% IN UNITED STATES.  Full Article

LVMH announces partnership with La Fabrique Nomade
Friday, 27 Sep 2019 

Sept 27 (Reuters) - LVMH Moet Hennessy Louis Vuitton (LVMH) SE ::LVMH ANNOUNCES PARTNERSHIP WITH LA FABRIQUE NOMADE, AN ASSOCIATION THAT SUPPORTS PROFESSIONAL INCLUSION FOR REFUGEE ARTISANS IN FRANCE.LVMH SAYS IT IS SUPPORTING LA FABRIQUE NOMADE IN THREE AREAS: SKILLS SPONSORSHIP, SHARING OF MATERIAL RESOURCES, PROFESIONNAL INCLUSION.  Full Article

CEO Of LVMH’S Louis Vuitton Brand Says Demand In China Is Exceptionally High
Thursday, 5 Sep 2019 

Sept 5 (Reuters) - LVMH Moet Hennessy Louis Vuitton SE ::CEO OF LVMH’S LOUIS VUITTON BRAND SAYS DEMAND IN CHINA IS EXCEPTIONALLY HIGH.  Full Article

LVMH To Contribute With 10 Million Euro Donation To Help Fight Amazon Wildfires
Monday, 26 Aug 2019 

Aug 26 (Reuters) - LVMH Moet Hennessy Louis Vuitton SE ::TO CONTRIBUTE WITH 10 MILLION EUROS DONATION TO HELP FIGHT WILDFIRES IN THE AMAZON.  Full Article

LVMH Comparable Sales Up 18% in Asia excluding Japan in Q2
Wednesday, 24 Jul 2019 

July 24 (Reuters) - LVMH Moet Hennessy Louis Vuitton SE ::SAYS Q2 LIKE-FOR-LIKE SALES GREW 18% IN ASIA EXCLUDING JAPAN, UP 8% IN US, RISE 13% IN EUROPE - PRESENTATION.  Full Article

LVMH Says No Impact For Vuitton Margins As Chinese Consumer Demand Shifts
Thursday, 11 Apr 2019 

April 11 (Reuters) - LVMH Moet Hennessy Louis Vuitton SE ::CFO SAYS THERE IS NO IMPACT ON MARGINS FOR LOUIS VUITTON AS CHINESE CONSUMER DEMAND SHIFTS INCREASINGLY TO MAINLAND CHINA, SLOWS IN REST OF ASIA OUTSIDE CHINA.CFO SAYS FOCUSED ON ORGANIC GROWTH OF HOTEL BUSINESS FOLLOWING ACQUISITION OF BELMOND, THOUGH DOES NOT RULE OUT ACQUIRING PROPERTIES HERE AND THERE.  Full Article

LVMH Like-For-Like Sales In Asia Excluding Japan Were Up 17 Percent In Q1
Thursday, 11 Apr 2019 

April 11 (Reuters) - LVMH Moet Hennessy Louis Vuitton SE ::LIKE-FOR-LIKE SALES IN ASIA EXCLUDING JAPAN WERE UP 17 PERCENT IN Q1, REVENUES RISE 7 PERCENT IN EUROPE - PRESENTATION.LIKE-FOR-LIKE SALES IN UNITED STATES UP 8 PERCENT IN Q1, RISE 9 PERCENT IN JAPAN.  Full Article

Safilo Confirms 2020 Targets - CEO
Wednesday, 13 Mar 2019 

March 13 (Reuters) - Safilo Group said in a conference call with journalists ::SAFILO CONFIRMS 2020 TARGETS - CFO.SAFILO SEES "GOOD STEP AHEAD" IN PROFITABILITY IN 2019 - CFO.SAFILO EXPECTS TO SIGN NEW LICENSE AGREEMENTS IN 2019 - CEO.SAFILO SAYS COOPERATION WITH LVMH IS WORKING "REALLY WELL" BUT HAS NO UPDATE YET ON RENEWALS - CEO.  Full Article

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European shares rise on Brexit, trade deal hopes; LVMH shines

European shares rose on Thursday as signs of progress in U.S.-China trade talks and hopes of a Brexit deal helped investors look past weak economic data and negative corporate updates.

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