LVMH Moet Hennessy sells Stella McCartney stake, reports 17% drop in 2024 profits
LVMH shares drop as profitability for 2024 decreases and company sells back stake in Stella McCartney's fashion label amid ...
Diageo says it has no intention to sell Guinness or stake in Moet Hennessy
Guinness is an outlier in Diageo's business, which consists mostly of spirits rather than beer, but its performance recently ...
Louis Vuitton Owner’s Sales Beat Forecasts Despite Weak Growth
The core fashion and leather goods business—which houses Louis Vuitton and Dior—recorded revenue of €11.14 billion for the ...
Diageo denies reports it is considering selling Guinness or its stake in Moët Hennessy
The report said Diageo's stake in Moët Hennessy was also being reviewed."We will next update the market with Interim results ...
GlobalData on MSN1d
Diageo denies speculation swirling around Guinness, Moët Hennessy
The drinks giant changed tack over the weekend after declining to comment on a report on Friday (24 January) that it was ...
Diageo Doesn’t Intend to Sell Guinness, Moet Hennessy Stake
Diageo Plc said it doesn’t plan to sell the Guinness beer brand or its stake in Moet Hennessy, even as pressure grows on the ...
LVMH reports Q4 organic revenue growth of 1%
Moet Hennessy Louis Vuitton recorded revenue of EUR 84.7B in 2024. “Growth continued, 1% on an organic basis, despite a ...
Diageo does not intend to sell Guinness or its stake in Moet Hennessy
Bloomberg News previously reported that the UK drinks company was reviewing its portfolio, with a spin-off or sale of ...
Consumer Cos Up After Strong Earnings From LVMH, Royal Caribbean -- Consumer Roundup
Shares of luxury conglomerate LVMH Moet Hennessy Louis Vuitton rose after it posted fourth-quarter sales ahead of the average Wall Street target, despite a broad slowdown in demand for premium ...
LVMH FY24 Profit Down 17%
LVMH Moet Hennessy Louis Vuitton Tuesday reported that its 2024 net profit was 12.550 billion euros, down 17% from 15.174 billion ...
Morgan Stanley maintains LVMH stock with EUR820.00 target
Morgan Stanley (NYSE:MS) reiterated its Overweight rating on LVMH Moet Hennessy Louis Vuitton SE (MC:FP) (OTC: OTC:LVMUY), ...