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 luxury demand slump.
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 has outshone that of key liquor labels, such as Johnnie Walker whisky.
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 mulling a potential sale of Guinness.
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 company to find ways to revive growth.
Diageo denies reports it is considering selling Guinness or its stake in Moët Hennessy
The report said Diageo's stake in Moët Hennessy was also being reviewed."We will next update the market with Interim results on 4 February 2025 and we look forward to hosting our Guinness investor and analyst day on 19/20 May 2025,
Diageo says no intention to sell Guinness brand or Moet Hennessy stake
Drinks maker Diageo said on Sunday that it has no intention to sell its Guinness brand or its stake in Moët Hennessy.
Diageo rules out sale of Guinness brand and stake in Moët Hennessy
Media reports suggested Diageo was considering asset sales to boost growth, cashing in on high demand for Guinness. View on euronews
Why LVMH Moët Hennessy-Louis Vuitton Stock Flopped Today
Luxury goods purveyor LVMH Moët Hennessy-Louis Vuitton's (OTC: LVMUY) stock wasn't feeling like much of a luxury for ...
LVMH Moët Hennessy - Louis Vuitton, Societe Europeenne (LVMHF) Q4 2024 Earnings Conference Call Transcript
LVMH Moët Hennessy - Louis Vuitton, Societe Europeenne ( OTCPK:LVMHF) Q4 2024 Earnings Conference Call January 28, 2025 12:00 PM ET Bernard Arnault - Chairman and CEO Jean-Jacques Guiony - CFO ...
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 ...
LVMH Moet Hennessy Louis Vuitton (0HAU) Receives a Hold from UBS
UBS analyst Zuzanna Pusz maintained a Hold rating on LVMH Moet Hennessy Louis Vuitton (0HAU – Research Report) today and set a price target of ...
Stella McCartney buys back stake in fashion brand from LVMH
It is the latest stake sale by Louis Vuitton Moet Hennessy as it tackles a wider slowdown in the luxury sector.
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Diageo has 'no intention' to sell off Guinness or its stake in Moet Hennessy
Diageo is looking to sell Ciroc vodka, once backed by Sean 'Diddy' Combs, and could look to dispose of other underperforming ...