Lexington,KY—Kentucky may called the “Bluegrass” State, but state officials were hailing the “blue box” on Monday as … [Read more...]
LVMH
LVMH Set to Take 98% Control of Bulgari
Paris—As of Wednesday, September 28, LVMH will complete its 3.7 billion euro (about $5 billion) purchase of Italian jeweler … [Read more...]
September 26, 2011 -
Hermès Family Shareholders Get OK to Form New Company
Paris—Hermès International’s family majority shareholders got a go ahead today to form a holding company that would thwart … [Read more...]
September 15, 2011 -
Hermès’ Half Year Profit Jumps Nearly 50%
Paris—Hermès posted a 49% rise in first-half net profit, driven by the United States and China, and reiterated its sales and … [Read more...]
August 31, 2011 -
LVMH Half Year Results Beat Forcasts
Paris—LVMH reported Tuesday that its first half sales jumped 13% as demand for its luxurygoods surged especially in Asia. For … [Read more...]
July 27, 2011 -
Hermes Lifts Forecast as Half Year Sales Climb
Paris—Reporting that its second quarter sales increased 22%, Hermès raised today its second half forecast, predicting sales … [Read more...]
July 19, 2011 -
EU Court: Ebay, Other Online Sellers Must Protect Trademarks
Luxembourg—The European Union’s highest court ruled Tuesday that online marketplaces, such as eBay and others, are responsible … [Read more...]
July 13, 2011 -
LVMH: No Intention of Hermes Takeover
Paris—Shares of Hermès International regained momentum this week after dropping nearly 5% June 10 after LVMH emphatically … [Read more...]
June 14, 2011 -
Acquisition Rumors Erupt in Luxurygoods Sector
Paris—European stock and retail analysts have been aflutter this week with speculation about LVMH possibly increasing its stake … [Read more...]
June 7, 2011 -
Hermes Q1 Sales Jump on Increased Demand for Accessories
Paris--Hermès International reported Wednesday that its first quarter sales jumped 25.5% on soaring demand for watches, scarves … [Read more...]
May 12, 2011 -
Bidding Heats up Over Jimmy Choo Ownership
London—Just as women line up to snag the latest Jimmy Choo high heels, a growing list of bidders are lining up making bids to … [Read more...]
April 26, 2011 -
European Stocks Rise as LVMH, Burberry Report Sales Gains
LVMH Q1 Sales Rise 17%, Strong Across All Categories Paris—LVMH, the world’s largest luxurygoods conglomerate, reported … [Read more...]
April 19, 2011 -
