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Paris, December 1st, 2023 An interim dividend of €5.50 per share will be paid on Wednesday, December 6th, 2023.The ex-dividend date is Monday, December 4th, 2023. The last trading day with interim dividend rights is Friday, December 1st, 2023.
HONG KONG & LOS ANGELES--(BUSINESS WIRE)--Louis Vuitton and its Men's Creative Director, Pharrell Williams to hold first ever Men's Pre-fall 2024 fashion show in Hong Kong.
High fashion companies have high profit margins, growing revenues, and competitive advantage from successful historical brands. In this case, being European companies, it is important to consider the withholding tax. At the right price, I would buy them all, especially Hermès.
The eldest son of LVMH CEO Bernard Arnault will be stepping down as the CEO of Berluti. Bernard Arnault is the world's third-richest man, and all five of his children work for LVMH brands.
Antoine Arnault is stepping down as chief executive of Louis Vuitton Moet Hennessey's shoemaking division Berluti amid a reshuffle within the Arnault family's luxury brand dynasty. The eldest of LVMH founder Bernard Arnault's four sons, he is expected to be replaced by Jean-Marc Mansvelt from LVMH's jewellery brand Chaument while staying on as Berluti's chairman.
Luxury brand stocks have proven to be a great investment throughout the decades. The combination of powerful brands and tremendous pricing power tends to lead to superior earnings growth compared to other consumer-focused companies.
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