LVMH See Profile
According to analysts, the stock’s decline is worse than LVMH’s Q1 during the 2008 financial crisis, and 2020’s pandemic slump.
The luxury titan is “buying the dip” after vowing to cross the 50% ownership threshold this year.
A potential strategic divestment.
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Even though its fashion and leather goods business saw a decline.
Prioritizing a sale to LVMH, L’Oréal, or EssilorLuxottica, or other similar companies.
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In the 12th edition of the ceremony, Soshiotsuki was awarded the LVMH Prize, Steve O Smith was awarded the Karl Lagerfeld Prize and the Savoir-Faire Prize went home with Torishéju.
From quiet luxury evening attire to tailored workwear fusions, Pharrell’s new formal collection is a versatile vision of the modern dandy.
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The 15% duty on US-bound goods fuels the already uncertain landscape for houses like Louis Vuitton, Gucci, Chanel, and Hermes.
For $1B USD, Authentic Brands, Bluestar Alliance, or WHP Global could be the brand’s next parent.
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