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LVMH


Actualités

JPM trims estimates, PT ahead of LVMH's Q3 on China softness

BUZZ-JPM trims estimates, PT ahead of LVMH's Q3 on China softness ** Ahead of luxury giant's LVMH LVMH.PA Q3 trading update , J.P.Morgan cuts its sales estimates citing ongoing slowdown among Chinese consumers ** JPM trims LVMH group sales growth, excluding forex , to 1.5% from 3.3% and now sees growth of 1% for its Fashion & Leather Goods business
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Unipol sees BPER, Pop Sondrio merger as "mistake", no plans to raise stakes

Unipol sees BPER, Pop Sondrio merger as "mistake", no plans to raise stakes BARCELONA, Sept 17 (Reuters) - Unipol UNPI.MI , the main shareholder in banks BPER EMII.MI and Popolare di Sondrio BPSI.MI , has no plans to raise its holding in either bank and would consider a merger between the two "a mistake", Chairman Carlo Cimbri said. Speaking to reporters on the sidelines of the Louis Vuitton Cup in Barcelona, Cimbri opened up to the idea of buying a limited stake in Monte dei Paschi BMPS.MI if t
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Auction Technology, Compass, D'Ieteren Group

EUROPE RESEARCH ROUNDUP-Auction Technology, Compass, D'Ieteren Group Sept 17 (Reuters) - Securities analysts revised their ratings and price targets on several European companies including Auction Technology, Compass Group and D'Ieteren Group on Tuesday. HIGHLIGHTS * Auction Technology Group Plc ATG.L : JP Morgan raises to overweight from neutral * Compass Group CPG.L : RBC cuts to sector perform from outperform * D'Ieteren Group SA IETB.BR : Jefferies cuts to hold from buy * Hermes HRMS.PA : Ex
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Barclays weighs in on potential tariff risk for Europe if Trump wins

BUZZ-Barclays weighs in on potential tariff risk for Europe if Trump wins ** Barclays sees an up to high single-digit percent hit on European earnings if Donald Trump wins the U.S. presidential race and in the event of a full-blown trade war ** "A Trump win may raise concerns of a full-blown trade war," the British bank's strategists say in a note ** While the direct impact to potential U.S.
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Novo Nordisk experimental obesity pill has mild-to-moderate side effects in trial

UPDATE 2-Novo Nordisk experimental obesity pill has mild-to-moderate side effects in trial Amycretin showed 13.1% weight loss in Phase I trial Side-effects similar to other incretin-based treatments Decision on Phase III trial pending study data next year Adds shares in paragraph 4, detail on production in paragraphs 16-17 By Jacob Gronholt-Pedersen and Maggie Fick COPENHAGEN, Sept 11 (Reuters) - Novo Nordisk NOVOb.CO said on Wednesday its highly anticipated experimental weight-loss pill amycret
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Novo Nordisk experimental obesity pill has mild-to-moderate side effects in trial

UPDATE 2-Novo Nordisk experimental obesity pill has mild-to-moderate side effects in trial Amycretin showed 13.1% weight loss in Phase I trial Side-effects similar to other incretin-based treatments Decision on Phase III trial pending study data next year Adds shares in paragraph 4, detail on production in paragraphs 16-17 By Jacob Gronholt-Pedersen and Maggie Fick COPENHAGEN, Sept 11 (Reuters) - Novo Nordisk NOVOb.CO said on Wednesday its highly anticipated experimental weight-loss pill amycret
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Novo Nordisk experimental obesity pill has mild-to-moderate side effects in early trial

Novo Nordisk experimental obesity pill has mild-to-moderate side effects in early trial Amycretin side-effects similar to other incretin-based treatments, mainly gastrointestinal Decision on Phase III trial pending subcutaneous study data next year Amycretin showed 13.1% weight loss in Phase I trial By Jacob Gronholt-Pedersen and Maggie Fick COPENHAGEN, Sept 11 (Reuters) - Novo Nordisk's NOVOb.CO highly anticipated experimental weight-loss pill amycretin was safe and tolerable for patients in an
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British Business - Sept 10

PRESS DIGEST-British Business - Sept 10 Sept 10 (Reuters) - The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy. The Times - Engineers at BP BP.L will be expected to make faster decisions using AI-generated advice about oil and gas exploration after the energy company struck a deal with Palantir Technologies PLTR.N .
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LVMH names UK designer Sarah Burton Givenchy creative director

UPDATE 3-LVMH names UK designer Sarah Burton Givenchy creative director Burton is former Alexander McQueen designer Designed Kate Middleton's 2011 wedding dress Adds industry context in paragraphs 6-8, background on CEO in paragraphs 11-12 By Mimosa Spencer PARIS, Sept 9 (Reuters) - French luxury goods company LVMH LVMH.PA named on Monday Sarah Burton , the longtime-Alexander McQueen designer behind the Princess of Wales' 2011 wedding dress, as the new creative director for its Givenchy label.
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Barclays says China looks 'weaker for longer', cuts Kering, Burberry

BUZZ-Barclays says China looks 'weaker for longer', cuts Kering, Burberry ** Barclays says China looks "weaker for longer" on structural issues and cuts estimates and PTs across its coverage, while downgrading Gucci owner Kering PRTP.PA and Burberry BRBY.L ** "The sentiment on the ground was much more cautious than 6 months ago, as there is now a c
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LVMH names UK designer Sarah Burton as Givenchy creative director

LVMH names UK designer Sarah Burton as Givenchy creative director PARIS, Sept 9 (Reuters) - French luxury goods company LVMH LVMH.PA named on Monday British fashion designer Sarah Burton as the new creative director for its Givenchy label. Reporting by Sudip Kar-Gupta, Editing by Louise Heavens
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Europe's luxury stocks drop on China concerns

UPDATE 1-Europe's luxury stocks drop on China concerns Adds more details in paragraphs 9 and 10 MILAN/PARIS, Sept 5 (Reuters) - Shares in some big European luxury goods companies fell sharply on Thursday, with traders citing growing concerns over slowing demand in the key Chinese market following the latest signs of a weakening in the world's No. 2 economy.
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PayPal pushes into in-person payments with cashback rewards, Apple integration

UPDATE 1-PayPal pushes into in-person payments with cashback rewards, Apple integration Adds 5% cashback figure in first paragraph, clarifies 5% cashback reward in paragraph 9 By Hannah Lang Sept 5 (Reuters) - PayPal PYPL.O is expanding into U.S. point-of-sale payments by integrating its debit card with Apple's mobile wallet and offering 5% cashback rewards, as the global online payments giant seeks direct competition with tech companies and banks.
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Europe's luxury stocks drop on China concerns

Europe's luxury stocks drop on China concerns MILAN, Sept 5 (Reuters) - Shares in some big European luxury goods companies fell sharply on Thursday, with traders citing growing concerns over slowing demand in the key growth Chinese market following latest signs of a weakning in the world's No.2 economy. By 1225 GMT, a gauge of top ten European luxury stocks .STXLUXP fell more than 3%, approaching the low hit during a early August market rout.
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PayPal pushes into in-person payments with cashback rewards, Apple integration

PayPal pushes into in-person payments with cashback rewards, Apple integration By Hannah Lang Sept 5 (Reuters) - PayPal PYPL.O is expanding into U.S. point-of-sale payments by integrating its debit card with Apple's mobile wallet and offering cashback rewards, as the global online payments giant seeks direct competition with tech companies and banks.
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European shares slip on growth jitters; French stocks lead decline

UPDATE 2-European shares slip on growth jitters; French stocks lead decline Michel Barnier named French prime minister Part of Airbus A350 fleet faces inspection, regulator says China growth concerns weigh on luxury stocks Vistry rises on buyback, higher HY profit STOXX 600 down 0.5% Updated at 1620 GMT By Shubham Batra and Lisa Pauline Mattackal Sept 5 (Reuters) - European stocks fell on Thursday as mixed economic data spurred worries about global growth and offset gains in interest rate-sensit
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French equities lacking long-term visibility

LIVE MARKETS-French equities lacking long-term visibility STOXX 600 down 0.3% Miners, energy lag Wall Street futures lower Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com FRENCH EQUITIES LACKING LONG-TERM VISIBILITY 58 days and counting...
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LVMH's Dior recruits Miu Miu CEO as managing director

LVMH's Dior recruits Miu Miu CEO as managing director By Mimosa Spencer PARIS, Sept 3 (Reuters) - Christian Dior Couture has recruited Benedetta Petruzzo, the CEO of Prada's fast growing Miu Miu label, as its managing director, the LVMH-owned LVMH.PA brand said on Tuesday. The move comes over a year and a half after Delphine Arnault, the eldest child of LVMH boss Bernard Arnault, took the helm at Dior and as it grapples with the fallout of a judicial probe in Italy into working conditions at sub
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China will not impose anti-dumping measures on EU brandy for now

QUOTES-China will not impose anti-dumping measures on EU brandy for now Adds Remy Cointreau quote LONDON, Aug 29 (Reuters) - Beijing said on Thursday it would not impose provisional tariffs on brandy imported from the European Union despite finding it had been sold in China below market prices, giving both sides room to breathe in tense trade talks. The statement left open the possibility of future action after its commerce ministry said it had found European distillers had been selling brandy i
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Spirits makers exposed to China's EU brandy probe

FACTBOX-Spirits makers exposed to China's EU brandy probe Recasts with China decision, adds potential tariffs per brands Aug 29 (Reuters) - China s aid on Thursday it would not impose provisional tariffs on brandy imported from the European Union for now, leaving open the possibility that it may act at some time in the future. It had launched an anti-dumping investigation i n January , a step that appeared to be mainly targeted at France.
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