Morgan Stanley (NYSE:MS) reiterated its Overweight rating on LVMH Moet Hennessy Louis Vuitton SE (MC:FP) (OTC: OTC:LVMUY), accompanied by a steady price target of EUR820.00. The reiteration came after LVMH reported its fourth-quarter sales,
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PARIS (Reuters) -Luxury bellwether LVMH beat expectations on Tuesday with a 1% rise in fourth-quarter sales as demand for designer fashion and handbags picked up over the holiday season, adding to hopes the sector has turned a corner.
LVMH has made a good start to 2025, CEO Bernard Arnault said on Tuesday, after the luxury bellwether reported better than expected fourth-quarter sales that will add to hopes the sector has turned a corner.
The brand’s fresh CEO wants less ‘hyperactivity’, fewer limited editions and a greater focus on timepiece engineering
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Only the Paranoid Survive is a required text for MBA types. Written in 1998 by Andy Grove, CEO of chipmaking king Intel, the book describes how constant vigilance of external and internal threats are vital for even the most successful businesses to stay on top.
In a report released today, Thomas Chauvet from Citi maintained a Buy rating on Compagnie Financiere Richemont SA (CFR – Research Report), with
Shares in Richemont jumped 15% on 16 January after the luxury group reported a strong holiday season, says Laure Guilbault in Vogue Business. Sales grew by 10% year on year in the fourth quarter ...
Investing.com -- Morgan Stanley (NYSE: MS) lifted its rating on LVMH (EPA: LVMH) stock to Overweight from Equal Weight, citing “materially improved” prospects for the luxury fashion giant and company-specific factors.
Investment bank Morgan Stanley has raised its rating on French luxury goods giant LVMH to 'overweight' from 'equal weight'.
PARIS (Reuters) -Luxury bellwether LVMH beat expectations on Tuesday with a 1% rise in fourth-quarter sales as demand for designer fashion and handbags picked up over the holiday season, adding to hopes the sector has turned a corner.