LVMH Moet Hennessy sells Stella McCartney stake, reports 17% drop in 2024 profits
LVMH shares drop as profitability for 2024 decreases and company sells back stake in Stella McCartney's fashion label amid ...
Diageo says it has no intention to sell Guinness or stake in Moet Hennessy
Guinness is an outlier in Diageo's business, which consists mostly of spirits rather than beer, but its performance recently ...
Diageo denies reports it is considering selling Guinness or its stake in Moët Hennessy
Bloomberg reported on Friday that Diageo was reviewing its portfolio and weighing up spinning off or selling Guinness.
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Diageo denies speculation swirling around Guinness, Moët Hennessy
The drinks giant changed tack over the weekend after declining to comment on a report on Friday (24 January) that it was ...
Louis Vuitton Owner’s Sales Beat Forecasts Despite Weak Growth
The core fashion and leather goods business—which houses Louis Vuitton and Dior—recorded revenue of €11.14 billion for the ...
Diageo Doesn’t Intend to Sell Guinness, Moet Hennessy Stake
Diageo Plc said it doesn’t plan to sell the Guinness beer brand or its stake in Moet Hennessy, even as pressure grows on the ...
Shares of LVMH drop 5% as full-year results throw doubt on broad luxury recovery
LVMH shares dropped as slightly better-than-expected full-year results from the world’s largest luxury company threw doubt ...
Deutsche Bank Sticks to Its Hold Rating for LVMH Moet Hennessy Louis Vuitton (0HAU)
In a report released today, Adam Cochrane from Deutsche Bank maintained a Hold rating on LVMH Moet Hennessy Louis Vuitton (0HAU – Research ...
Diageo does not intend to sell Guinness or its stake in Moet Hennessy
Bloomberg News previously reported that the UK drinks company was reviewing its portfolio, with a spin-off or sale of ...