Latest news with #LVMHMoëtHennessy
Yahoo
16-05-2025
- Entertainment
- Yahoo
This Parachute-like Linen Blend Dress Won Loro Piana's 2025 Knit Design Award
MILAN — A parachute-like frock stole the spotlight — and scooped the top prize — at the ninth edition of the Loro Piana Knit Design Award, which challenged applicants even more than in past editions. The LVMH Moët Hennessy Louis Vuitton-owned Italian luxury brand tasked participating students with reinterpreting the use of linen for the 'Winter Legacy' theme, the challenge of the job lying in the reinvention of the typical summer fiber for winter- or all-season-appropriate knitwear. More from WWD Bobbi Brown, Lauren Bush Lauren and More Honored at Einstein College of Medicine Spirit of Achievement Luncheon Cannes Palm Beach Casino Gets a Royal Makeover Loro Piana, Dimorestudio, OTW by Vans Top Drivers of $26.1 Million in EMV for Milan Design Week 'It's a material that is a symbol of our maison's endless quest for excellence, for transforming the finest yarns into the most beautiful product, the most beautiful pieces, but always, always with a touch. With the famous Loro Piana touch,' said the brand's chief executive officer Damien Bertrand on Wednesday morning here. As reported the executive is to officially pass the CEO baton to Frédéric Arnault on June 10 to become deputy CEO of Louis Vuitton. Arnault was also in attendance at the award ceremony. Last year Loro Piana introduced its finest linen yarn yet, a 110-Number-metric-thin thread that can be spun to up to 110 kilometers with only one kilogram. 'This exceptional yarn is the fruit, is the work of our very talented team who continuously research to achieve the most refined, the most beautiful fibers, to create the most beautiful blends that everybody is very happy to go to the Loro Piana stores [to buy],' Bertrand offered, with a chuckle. 'It is this innovative and creative spirit we really want to foster with the Knit Design Award,' he said, praising the Loro Piana HR team for jump-starting the initiative in 2016. Morgan Boyce and Simone Rizzato from Milan-based Accademia Costume e Moda scooped the award — redesigned as a gleaming golden yarn spool-like trophy — with their 'Parachute' soft-knit midi dress with a multilayered skirt crafted from a linen and cashmere blend. Highly conceptual in its inspiration, drawn from World War II's parachutes made from linen and oftentimes repurposed into clothing after wartime, the number exuded a crafty artisanal feel that won the jury over. The winners will receive a scholarship from Loro Piana, consisting of 5,000 euros per student, a contract to work for the company and the opportunity to develop their samples to turn them into viable garments with help from the house's knitwear team. The final products will be showcased at the upcoming edition of textile trade show Pitti Filati, to be held in Florence from July 1 to 3. They were short-listed from a panel of seven applicants hailing from international fashion and design schools such as the Beijing Institute of Fashion Technology; École Duperré Paris; the FIT State University of New York; the Hong Kong Polytechnic; London's Royal College of Art, and the Swedish School of Textiles. For the past six months short-listed applicants have been able to visit Loro Piana factories, to discover production processes and stores to delve into the Italian luxury brand's heritage. 'Every year [the award] takes even more importance, and in the years to come it will be even more important,' Bertrand said to all students. 'Today we have a new generation of talents with true passion for knitwear. We are a textile company. We are a knitwear company, and we share the same passion… it's so inspiring to see young people like you putting innovation and technical skill at the heart of your approach. What you do every day in your school will serve you for your future… This idea of always pushing the limit is really what we do every day at Loro Piana,' the executive offered. 'You are the future. You are making the future of this category, and that is very important for us. And whether you win today or not, you have to leave with this in mind. You are contributing to the future of this by innovating, by breaking the limit,' he said. Bertrand presided over the jury panel, which included Pauline Dujancourt, founder and creative director of the namesake brand; fashion editor, stylist and creative consultant Anna Dello Russo; Satoshi Kuwata, founder and creative director of the Setchu brand, and curator and creative consultant Kimberly Drew, among others. A special mention recognized the project presented by Léa Delwarde and Loic Bonneau, students of the École Duperré Paris school. Best of WWD Salma Hayek's Fashion Evolution Through the Years: A Red Carpet Journey [PHOTOS] How Christian Dior Revolutionized Fashion With His New Look: A History and Timeline Cannes Film Festival's French Actresses Whose Iconic Style Shines on the Red Carpet [PHOTOS]
Yahoo
14-04-2025
- Business
- Yahoo
Why LVMH Moët Hennessy -- Louis Vuitton Stock Got Slammed Today
A weaker-than-expected revenue report was the news item driving down LVMH Moët Hennessy -- Louis Vuitton's (OTC: LVMUY) American depositary shares (ADS) on Monday. The luxury goods maker saw its ADS price sag by more than 6% as a result, contrasting unfavorably with the S&P 500 index's 0.8% increase on the day. On Sunday, LVMH published details of its first-quarter revenue, showing that its total top line for the period was just over 20.3 billion euros ($23.1 billion). That figure was down by 3% on a year-over-year basis. It also failed to reach the consensus analyst estimate of $24.1 billion. The slump mirrored the performance of most of the company's divisions. Fashion and leather goods, by far its most significant in terms of revenue, was buffeted by a 5% decline from the first-quarter 2024 result, bringing in $11.5 billion. The No. 2 category, selective retailing, fell by 1% to $4.8 billion, while watches and jewelry improved, but only marginally to under $2.8 billion. In the very selective financial release, LVMH attributed the slides to a generally "disrupted geopolitical and economic environment." In a more granular remark, chief financial officer Cécile Cabanis said in a conference call, "The main swing factor is really linked to last year's Chinese demand in Japan." At that time, Chinese consumers were largely responsible for a pop in company sales in the nearby country, following the weakening of the yen. It's discouraging that the one blip in growth for LVMH recently was largely due to a quirk related to currency movements. Times aren't good for luxury retailers just now, with a nervous world pulling back on spending as the current global trade conflict plays out. I don't see any potentially good drivers for LVMH on the horizon, so I don't blame investors for selling this stock. Before you buy stock in LVMH Moët Hennessy - Louis Vuitton, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and LVMH Moët Hennessy - Louis Vuitton wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $495,226!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $679,900!* Now, it's worth noting Stock Advisor's total average return is 796% — a market-crushing outperformance compared to 155% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of April 14, 2025 Eric Volkman has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Why LVMH Moët Hennessy -- Louis Vuitton Stock Got Slammed Today was originally published by The Motley Fool Sign in to access your portfolio
Yahoo
10-04-2025
- Business
- Yahoo
LVMH Moët Hennessy - Louis Vuitton Société Européenne (ENXTPA:MC) Slides 13% Over The Last Week
LVMH Moët Hennessy - Louis Vuitton Société Européenne experienced a 13% decline in its share price over the last week, amidst significant market movements triggered by geopolitical developments. The luxury goods producer's decline was notable as the Dow, Nasdaq, and S&P 500 recorded substantial gains following President Trump's announcement to pause tariffs, which generally buoyed global markets. While these broader market increases typically offer support, the luxury sector, sensitive to shifts in consumer confidence and economic uncertainty, faced challenges. Despite the overall positive market news, LVMH's stock was pressured by external factors specific to its sector, reflecting ongoing volatility. We've spotted 1 possible red flag for LVMH Moët Hennessy - Louis Vuitton Société Européenne you should be aware of. Uncover 14 companies that survived and thrived after COVID and have the right ingredients to survive Trump's tariffs. The recent 13% decline in LVMH's share price amidst geopolitical tensions underscores the volatility facing the luxury sector, despite broader market upswings. Over the past five years, LVMH has experienced a total shareholder return of approximately 56.93%, reflecting its capacity for long-term value creation despite interim fluctuations. Over the past year, the company's performance trailed behind the French luxury industry, which itself saw a negative return of 26.3%. The news regarding LVMH's involvement in global economic shifts could influence revenue and earnings forecasts. Partnership developments, like the Formula One collaboration, are poised to enhance brand visibility and attract diverse consumer demographics, potentially offsetting negative impacts. However, declining operating income and regional challenges might still pressure margins and complicate earnings growth. The current share price remains 20.7% below the consensus analyst price target of €725.14, emphasizing a potential opportunity if expectations of future revenue growth and improved profit margins are realized. Assessments of these elements should be cautiously aligned with evolving market dynamics. Our valuation report here indicates LVMH Moët Hennessy - Louis Vuitton Société Européenne may be undervalued. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include ENXTPA:MC. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@
Yahoo
29-03-2025
- Business
- Yahoo
River Road Large Cap Value Select Fund Added LVMH Moet Hennessy Louis Vuitton SE (LVMUY) to its Portfolio in Q4
River Road Asset Management, an investment management company released its 'River Road Large Cap Value Select Fund' Q4 2024 investor letter. A copy of the letter can be downloaded here. In the fourth quarter, AMG River Road Large Cap Value Select Fund returned 0.43% compared to (1.98%) return for the Russell 1000® Value Index. For the year 2024, the fund returned 24.59% significantly outperforming Index return of 14.37%. Stocks rallied in November after a Republican victory but declined sharply following hawkish Fed comments. Shorter duration stocks, including small caps and value, lost most of their post-election gains by the end of December. For more information on the fund's best picks in 2024, please check its top five holdings. In its fourth quarter 2024 investor letter, River Road Large Cap Value Select Fund emphasized stocks such as LVMH Moët Hennessy – Louis Vuitton, Société Européenne (OTC:LVMUY). LVMH Moët Hennessy – Louis Vuitton, Société Européenne (OTC:LVMUY) is a luxury goods company. The one-month return of LVMH Moët Hennessy – Louis Vuitton, Société Européenne (OTC:LVMUY) was -11.66%, and its shares lost 29.89% of their value over the last 52 weeks. On March 27, 2025, LVMH Moët Hennessy - Louis Vuitton, Société Européenne (OTC:LVMUY) stock closed at $126.92 per share with a market capitalization of $320.035 billion. River Road Large Cap Value Select Fund stated the following regarding LVMH Moët Hennessy - Louis Vuitton, Société Européenne (OTC:LVMUY) in its Q4 2024 investor letter: "As of December 31, the portfolio held 29 positions, up four positions from Q3. During Q4, the largest sector increase was 736 bps within industrials, while the largest decrease was -276 bps within consumer discretionary. We established five new positions and eliminated one position A stunning jewelry display with diamonds and gold, highlighting the company's commitment to quality. LVMH Moët Hennessy – Louis Vuitton, Société Européenne (OTC:LVMUY) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 2 hedge fund portfolios held LVMH Moët Hennessy – Louis Vuitton, Société Européenne (OTC:LVMUY) at the end of the fourth quarter which was 1 in the previous quarter. While we acknowledge the potential of LVMH Moët Hennessy – Louis Vuitton, Société Européenne (OTC:LVMUY) as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. If you are looking for an AI stock that is as promising as NVIDIA but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock. In addition, please check out our hedge fund investor letters Q4 2024 page for more investor letters from hedge funds and other leading investors. READ NEXT: Michael Burry Is Selling These Stocks and A New Dawn Is Coming to US Stocks. Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
Yahoo
30-01-2025
- Business
- Yahoo
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 . In this article, we are going to take a look at where LVMH Moët Hennessy - Louis Vuitton, Société Européenne (OTC:LVMUY) stands against the other stocks on Jim Cramer's radar. Jim Cramer, host of Mad Money, recently discussed some of the significant challenges the alcohol industry is facing. He pointed out that as the end of January approaches, the wine and spirits industry might be hoping for a quick resolution to what he described as a "disaster of a month," caused by "Dry January." He questioned whether the slowdown in alcohol consumption during this month would continue into February, admitting that he wasn't sure, but expressing concern that the industry could be facing deeper problems. One of Cramer's major concerns was that most alcohol companies have not acknowledged the full extent of the difficulties they may be facing. 'They say we're experiencing a post-COVID normalization because of excessive alcohol consumption during the pandemic. That's why I say they're holding their breath to see if the mocktails and the zero-alcohol beers quickly disappear by Saturday when January comes to an end. Look, I think these companies are about to have a rude awakening when dry January turns into drier-than-expected February and then we might even spiral from there.' READ ALSO Jim Cramer Breaks Silence On DeepSeek AI Sell-Off & Discusses These 12 Stocks and Jim Cramer Talked About These 11 Stocks Recently Cramer highlighted several key factors contributing to the decline in alcohol consumption. He first noted the rise of cannabis, which has become much more affordable in many states, offering a legal high without the risk of a hangover. He pointed out that we are no longer in the era of Smokey and the Bandit and suggested that cannabis could be stealing market share from alcohol. Secondly, Cramer referenced a recent warning from the U.S. Surgeon General about the links between alcohol consumption and the increased risk of various cancers, including breast and liver cancer. He emphasized that there is no safe level of alcohol consumption when it comes to cancer prevention, which he said could have a significant impact on health-conscious consumers. He added: 'Third, young people just don't like to drink as much as they used to. Some profess health worries. Others know that the liquor companies jacked up prices during the pandemic and now refuse to take them down. Fourth, ubiquitous GLP-1 weight loss drugs can stop your craving for alcohol in its tracks.' He mentioned that studies indicate heavy drinkers tend to reduce their alcohol consumption when they start using these medications. Taken together, Cramer argued that these trends represent a significant challenge for the alcohol industry. Despite these challenges, Cramer suggested that there is still hope for the alcohol business, but it will require innovation. He emphasized the importance of creating new and exciting drink options that stand out in a crowded market. Value pricing, he said, will also be crucial. He stressed that the days of endless price hikes without any pushback or creativity are over. Cramer expressed confidence that social drinking would remain part of people's lives, but he warned that alcohol could end up in the same category as tobacco if companies do not adapt. 'Let's drop the normalization wrap, please. This is not normal. The liquor companies need to be clever, thoughtful, and exciting, or they should just go find another business.' Our Methodology For this article, we compiled a list of 8 stocks that were discussed by Jim Cramer during the episode of Mad Money on January 29. We listed the stocks in the order that Cramer mentioned them. We also provided hedge fund sentiment for each stock as of the third quarter of 2024, which was taken from Insider Monkey's database of 900 hedge funds. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 275% since May 2014, beating its benchmark by 150 percentage points (see more details here). A stunning jewelry display with diamonds and gold, highlighting the company's commitment to quality. Number of Hedge Fund Holders: N/A LVMH Moët Hennessy - Louis Vuitton, Société Européenne's (OTC:LVMUY) is a global luxury goods conglomerate offering a wide range of high-end products, including wines, spirits, fashion, perfumes, cosmetics, and more. Cramer mentioned that the company reported a significant decline in 2024 as he said: 'Look, I was praying that LVMH, company represents the best of the best, would tell us they had a terrific wine and spirits quarter... but sadly, that's not what happened. Last night, LVMH, best of the best, reported a 36% decline in wine and spirits in 2024. That's a number that must send a shudder through anyone involved in the liquor business. These are practically prohibition numbers. Overall LVMUY ranks 1st on our list of the stocks on Jim Cramer's radar. While we acknowledge the potential of LVMUY as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter timeframe. If you are looking for an AI stock that is more promising than LVMUY but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and Complete List of 59 AI Companies Under $2 Billion in Market Cap Disclosure: None. This article was originally published at Insider Monkey. Sign in to access your portfolio
