LVMH-Moet Hennessy Louis Vuitton(LVMHF)- OTCPK - Current
  • Mon, Jul. 25, 3:33 AM
    • For only the second time in its almost 30-year history, LVMH Moet Hennessy Louis Vuitton (OTCPK:LVMUY), the largest luxury conglomerate in the world, is selling a fashion brand.
    • The French company has agreed to sell Donna Karan International to G-III Apparel Group (NASDAQ:GIII) in a deal worth $650M.
    • The sale is expected to close in late 2016 or early 2017.
    | Mon, Jul. 25, 3:33 AM
  • Jan. 16, 2015, 10:20 AM
    | Jan. 16, 2015, 10:20 AM
  • 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.
    | Nov. 3, 2014, 6:59 AM
  • 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.
    | Sep. 20, 2013, 10:12 AM
  • 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)

    | Jul. 9, 2013, 2:57 AM
  • 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.

    | Sep. 23, 2011, 8:58 AM | 1 Comment