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As of 2013, Christian Dior SE was the leading holding company of LVMH, owning 40.9% of its shares and 59.01% of its voting rights. [62] Bernard Arnault is Chairman and CEO of LVMH and Chairman of Christian Dior SE. In 2017, Arnault purchased all the remaining Christian Dior shares in a reported $13.1 billion buyout. [63]
Shares of Louis Vuitton Moet Hennesy (OTC: LVMUY) were moving higher today in symphony with a strong earnings report from luxury peer Richemont (OTC: CFRUY), the owner of Cartier. The results ...
LVMH’s shares are up 18% since the start of 2025. Earnings from the French behemoth considered the bellwether of the luxury market underscore the fresh start that 2025 could give the sector.
Besides, LVMH is basically a collection of global brands that depends far more on the state of the world economy than the politics of its home country. So its share price dip feels like a buying ...
The optimistic tone sent LVMH’s shares up by the most in nearly two years, while other luxury company shares also rose following the earnings, including Gucci-owner Kering.
LVMH dethroned Novo Nordisk on Friday in the same week that Cartier owner Richemont surged on the back of record quarterly results, stoking hopes for a luxury revival. The change in rankings is a ...