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Diageo, Guinness and Moet Hennessy
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 luxury demand slump.
Diageo denies reports that it is considering selling Guinness or its stake in Moët Hennessy
Bloomberg reported on Friday that Diageo was reviewing its portfolio and weighing up spinning off or selling Guinness.
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 has outshone that of key liquor labels, such as Johnnie Walker whisky.
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 mulling a potential sale of Guinness.
15h
LVMH’s CEO Bernard Arnault Does Not Deny DFS Sale As Stock Slides
French luxury conglomerate LVMH saw its stock slide by more than 6% following the Tuesday evening reveal of its 2024 annual ...
1d
on MSN
Why LVMH Moët Hennessy-Louis Vuitton Stock Flopped Today
Luxury goods purveyor LVMH Moët Hennessy-Louis Vuitton's (OTC: LVMUY) stock wasn't feeling like much of a luxury for ...
1d
on MSN
Bernard Arnault slides down to world’s fifth-richest person after LVMH disappointment
Bernard Arnault lost a spot in the billionaire rankings after LVMH Moet Hennessy posted results that weren’t as strong as ...
1d
LVMH Moet Hennessy Louis Vuitton (0HAU) Receives a Buy from Goldman Sachs
Goldman Sachs analyst Louise Singlehurst maintained a Buy rating on LVMH Moet Hennessy Louis Vuitton (0HAU – Research Report) today and set a ...
1d
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 ...
5h
on MSN
Antoine Arnault to Receive Legion of Honor for Contribution to Olympic Games
Nicknamed “Mr. Olympics,” LVMH Moët Hennessy Louis Vuitton’s head of communication, image and environment is one of 58 people ...
1d
LVMH Moet Hennessy Louis Vuitton (0HAU) Gets a Buy from Barclays
Barclays analyst Carole Madjo maintained a Buy rating on LVMH Moet Hennessy Louis Vuitton (0HAU – Research Report) today and set a price target ...
23m
on MSN
Louis Vuitton to be title sponsor of Australian F1 GP
Louis Vuitton will be title sponsor of Formula One's season-opening Australian Grand Prix in Melbourne in March, the sport ...
54m
on MSN
Jim Cramer Says LVMH Moët Hennessy – Louis Vuitton, Société Européenne (LVMUY) Reported A 36% Decline In Wine And Spirits In 2024
We recently compiled a list of the 8 Stocks on Jim Cramer’s Radar. In this article, we are going to take a look at where LVMH ...
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