LVMH said sales of spirits and cognac to Chinese consumers, including its own Hennessy brand, had rebounded in the third quarter. LVMH has became the first major luxury goods provider to say the stock market collapse in China over the summer has affected sales, particularly at its flagship Louis Vuitton brand.
https://www.theguardian.com/fashion/2015/oct/13/lvmh-third-quarter-results-china-slowdown-affected-sales-growth-louis-vuitton
LVMH stock has nudged up just 5 percent since the start of the year, compared to a 20 percent share rise across the rest of the luxury goods sector. Meanwhile, the analyst consensus for LVMH's expected earnings per share (EPS) growth for 2013 is 6 percent, compared to 15 percent for the sector.
http://www.reuters.com/article/us-lvmh-growth-analysis-idUSBRE99503820131007
Rival Kering, owner of Gucci, has been able to get a bigger boost than LVMH from its other brands such as Bottega Veneta which makes revenues of around 1 billion euros and Yves Saint Laurent with sales of nearly 500 million euros because Gucci makes half of what Vuitton makes, or 3.6 billion euros.
http://www.reuters.com/article/us-lvmh-growth-analysis-idUSBRE99503820131007
LVMH reported a 16% increase in total revenues to €8.58bn (£6.4bn) for the third quarter on Monday, as the weak euro and strong sales in its wines and spirits division – home to brands including Moët and Hennessy – more than made up for slower growth in the fashion business.
https://www.theguardian.com/fashion/2015/oct/13/lvmh-third-quarter-results-china-slowdown-affected-sales-growth-louis-vuitton
By Astrid Wendlandt and Pascale Denis | PARIS. PARIS Neverfull - the name of Louis Vuitton's best-selling handbag - sums up well its parent LVMH: even if it snapped up all of the world's last remaining independent luxury brands, it would still have room for more.
http://www.reuters.com/article/us-lvmh-growth-analysis-idUSBRE99503820131007
LVMH Moã«t Hennessy Louis Vuitton SE engages in the manufacture of luxury goods. It operates its business through the following segments: Wines and Spirits, Fashion and Leather Goods, Perfumes and Cosmetics, Watches and Jewelry, Selective Retailing and Other Activities....
http://quotes.wsj.com/LVMUY
This article is 10 months old. LVMH has became the first major luxury goods provider to say the stock market collapse in China over the summer has affected sales, particularly at its flagship Louis Vuitton brand.
https://www.theguardian.com/fashion/2015/oct/13/lvmh-third-quarter-results-china-slowdown-affected-sales-growth-louis-vuitton
LVMH shares fell more than 3% on Tuesday after the Paris-based group said comparable sales growth at its key fashion and leather goods division had slowed more than analysts expected to 3% in the third quarter, down from 10% in the previous three months.
https://www.theguardian.com/fashion/2015/oct/13/lvmh-third-quarter-results-china-slowdown-affected-sales-growth-louis-vuitton
Analysis: Brand-hungry LVMH seeks new niche as Vuitton flags. PARIS Neverfull - the name of Louis Vuitton's best-selling handbag - sums up well its parent LVMH: even if it snapped up all of the world's last remaining independent luxury brands, it would still have room for more.
http://www.reuters.com/article/us-lvmh-growth-analysis-idUSBRE99503820131007
The Price to Earnings (P/E) ratio, a key valuation measure, is calculated by dividing the stock's most recent closing price by the sum of the diluted earnings per share from continuing operations for the trailing 12 month period.
http://quotes.wsj.com/LVMUY
what makes up the lvmh stock
LVMH has became the first major luxury goods provider to say the stock market collapse in China over the summer has affected sales, particularly at its flagship Louis Vuitton brand.