Europe’s first half-trillion-dollar company couldn’t have made it without China

Published on 25 Apr 2023 on Quartz via Yahoo Finance

Europe’s first half-trillion-dollar company couldn’t have made it without China

Flocking back to fashion houses.

LVMH has become the first European firm in history to surpass $500 billion in market cap.

Besides its eponymous products—the fashion lines of Louis Vuitton and the wines and spirits of Moët Hennessy—the Paris-listed conglomerate is also behind a slew of other luxury and lifestyle labels, including Bulgari, TAG Heuer, Christian Dior, and Stella McCartney.

Read the rest of the article

PAR.CDI price evolution

Want to become a better investor?

Start tracking your investments with Statfolio

Bernard Arnault, the LVMH CEO who built a luxury giant, is one of the world's...

Bernard Arnault, CEO of luxury-goods conglomerate LVMH, has brought all five of his children into...

Business Insider · via Yahoo News 15 Nov 2024

Financière Agache Appoints Frédéric Arnault as Managing Director

PARIS — Frédéric Arnault, a son of Bernard Arnault, has been appointed managing director of Finan...

WWD · via Yahoo Finance 19 May 2024

Christian Dior SE's Dividend Analysis

Assessing the Upcoming Dividend and Financial Health of Christian Dior SE Christian Dior SE (CHDR...

GuruFocus.com via Yahoo Finance 22 Apr 2024

Christian Dior SE's Dividend Analysis

Assessing the Upcoming Dividend and Financial Health of Christian Dior SE Christian Dior SE (CHDR...

GuruFocus.com via Yahoo Finance 4 Dec 2023

LVMH loves Birkenstock as IPO kicks off

Birkenstock shares debuted on the New York Stock Exchange Wednesday as part of the initial public...

Fox Business via Yahoo Finance 11 Oct 2023

The 10 Richest People in the World

Billionaires play an outsized role in shaping the global economy, politics, and philanthropy. For...

Investopedia 5 Oct 2023

Bernard Arnault Has Spent €215 Million Buying Dip in LVMH Stock

(Bloomberg) -- Billionaire Bernard Arnault has bought €215 million ($230 million) of LVMH shares ...

Bloomberg via Yahoo Finance 8 Sep 2023

Europe’s first half-trillion-dollar company couldn’t have made it without China

Flocking back to fashion houses. LVMH has become the first European firm in history to surpass $5...

Quartz via Yahoo Finance 25 Apr 2023

LVMH’s Market Value Exceeds $500 Billion, a First in Europe

(Bloomberg) -- LVMH’s market value surpassed $500 billion, becoming the first European company to...

Bloomberg via Yahoo Finance 24 Apr 2023

Top 15 Luxury Fashion Companies in the World

In this piece, we will take a look at the top 15 luxury fashion companies in the world. For more ...

Insider Monkey via Yahoo Finance 21 Apr 2023