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LVMH-Moet Hennessy Louis Vuitton (LVMHF)

- OTCPK - Current
  • Fri, Jan. 16, 10:20 AM
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  • Nov. 3, 2014, 6:59 AM
    • LVMH Moet Hennessey (OTCPK:LVMHF) announces it will unload shares of Hermes (OTCPK:HESAF) on December 17 to end a dispute over its attempts to build a formidable stake in the luxury retailer.
    • The company also disclosed plans to pay a €1.25 per share interim cash dividend in December.
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  • Sep. 20, 2013, 10:12 AM
    • LVMH Moet Hennessy (LVMHF.PK) acquired a stake in Nicholas Kirkwood's company, according to Women's Wear Daily.
    • The shoe designer is at the cutting edge of footwear fashion and has deals with over 150 department and specialty stores.
    • Terms of the deal weren't disclosed.
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  • Jul. 9, 2013, 2:57 AM
    LVMH Moet Hennessy Louis Vuitton (LVMHF.PK) has agreed to acquire 80% of Italian cashmere clothier Loro Piana for €2B ($2.57B). The deal will provide LVMH deep knowledge in textiles from sourcing to manufacturing, and help the company expand into the faster-growing very high end of the market - Loro Piana sells cashmere sweaters for $1,385. That could help offset the slowdown at Louis Vuitton, LVMH's biggest brand. (PR)
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  • Sep. 23, 2011, 8:58 AM
    Tiffany (TIF) may be a takeover target after ending its alliance with Swatch, and could hand investors an extra $3.4B in a deal, Bloomberg reports. Fifth Third believes Tiffany could command as much as a 40% premium in an acquisition. Merriman and Caris say Tiffany may lure interest from luxury retailer LVMH (MAGOF.PK). TIF -2.2% premarket.
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Company Description
LVMH-Moet Hennessy Louis Vuitton is a diversified luxury goods conglomerate. It produces and sells champagne under the brands Moet & Chandon, Veuve Clicquot, and Ponsardin. LVMH also produces cognac through Hennessy and Hine. The Company makes perfumes, cosmetics, luggage, watches and jewelry,... More
Industry: Apparel Stores
Country: France