LVMH Moët Hennessy Louis Vuitton SE is selling the stake it owns in Stella McCartney back to the brand’s founder as the ...
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GlobalData on MSNLVMH’s wine-and-spirits arm sees profits slide in 2024The Hennessy Cognac maker reported underlying operating profit from the division dropped by more than a third.
ADRs rose 4% after a report that the company is reviewing its drinks portfolio, including looking at selling off some well-known brands.
LVMH Moët Hennessy Louis Vuitton SE is selling its stake in Stella McCartney back to the brand’s founder as the luxury group cleans up its portfolio of labels amid a downturn for high-end goods.
Diageo Plc is reviewing its portfolio, including Guinness beer and a Champagne and Cognac partnership with LVMH, as Chief ...
Drinks maker Diageo said on Sunday that it has no intention to sell its Guinness brand or its stake in Moët Hennessy.
Diageo, a leading spirits company, is contemplating the spin-off or sale of its Guinness beer brand. The company is also reviewing its involvement in LVMH's drinks unit, Moet Hennessy. These strategic ...
The brand was previously part of Gucci owner Kering SA. McCartney will continue to advise LVMH on sustainability issues, according to the joint statement. Stella McCartney Ltd had sales of about £40 ...
French conglomerate LVMH, traditionally among the last to disclose its financials during the reporting season, has delivered ...
In 2024, amid an uncertain environment, LVMH showed strong resilience ... The company's well-curated portfolio of brands is indeed resilient, but investors want more than just a sturdy product ...
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