lvmh moet hennessy-unsp adr (LVMUY) Key Developments
Louis Vuitton Opens New Store at Heathrow Terminal 5
Dec 18 14
Louis Vuitton has opened its first European airport store at Heathrow Terminal 5. The 301sq.m store is dedicated to Louis Vuitton's travel heritage and welcomes the modern explorer to journey through an entirely new retail concept. The Louis Vuitton Heathrow store is flanked by an articulated series of metallic striped glass 'fins' finished in bronzed anodized aluminum. On the entire perimeter of the facade are a sequence of hanging transparent units hung by Louis Vuitton belts, recalling the artisan heritage of the Maison, and allowing visibility straight into the store.
LVMH May Not Buy Coach
Dec 11 14
LVMH Moet Hennessy Louis Vuitton SA (ENXTPA:MC) is not likely interested in Coach, Inc. (NYSE:COH).
LVMH Moet Hennessy Louis Vuitton SA, Annual General Meeting, Nov 25, 2014
Nov 24 14
LVMH Moet Hennessy Louis Vuitton SA, Annual General Meeting, Nov 25, 2014., at 10:00 Central European Standard Time. Location: the Carrousel du Louvre.
Birla Receives Offer For Stake Sale In Retail Ventures
Nov 18 14
Aditya Birla Management Corporation Pvt. Ltd. (Aditya Birla Group) is not happy with the offers it has received from private equity firms such as LVMH Moet Hennessy Louis Vuitton SA's (ENXTPA:MC) L Capital for a stake in its proposed holding company for all its retail ventures. Birla is looking to sell 10% each in the new company to two private equity firms for $400 million. According to sources, L Capital has put in the final bid for the 10% stake at less than $200 million. International Finance Corporation is having discussions with Birla on valuations and in the process of putting its final bid, sources said. Another suitor Temasek Holdings (Private) Limited is yet to put in its bid. "IFC is also negotiating with Birlas on the valuations. Birlas are not certainly happy with valuations they have received till now," said the source. However, the source dismissed the rumors that the deal would be called off. "The deal is on track. Birlas need money to reduce debt in More and in Pantaloons," he said. When contacted, the Aditya Birla spokesperson declined to comment, Business Standard reported.
Jumei International Holding Limited Authorizes to Selling Exclusive Set of Beauty Products from Givenchy
Oct 22 14
Jumei International Holding Limited announced that it has been authorized to begin selling an exclusive set of beauty products from Givenchy, a brand owned by the LVMH group, and Jurlique, a popular Australian cosmetics brand. These products are currently available for purchase on Jumei's platform. Jumei will begin selling 38 different Jurlique cosmetics products each labeled with anti-counterfeit tracking codes. This partnership is another step in the Company's efforts to raise product quality standards not only for its own business, but also for the entire Chinese beauty products industry.