Previous close | 862.40 |
Open | 860.88 |
Bid | 0.00 x 0 |
Ask | 0.00 x 0 |
Day's range | 851.89 - 862.75 |
52-week range | 690.66 - 1,003.50 |
Volume | |
Avg. volume | 1,635 |
Market cap | 430.064B |
Beta (5Y monthly) | 0.99 |
PE ratio (TTM) | 26.62 |
EPS (TTM) | N/A |
Earnings date | N/A |
Forward dividend & yield | 14.07 (1.63%) |
Ex-dividend date | 23 Apr 2024 |
1y target est | N/A |
Jean Arnault, director of Louis Vuitton’s watch division, has to contend with a tough luxury market and stubborn young consumers.
PARIS (Reuters) -Two of LVMH Chairman and CEO Bernard Arnault's sons and heirs were named to the board of the luxury goods conglomerate on Thursday, reinforcing the family's hold on the sprawling empire which spans fashion, jewellery and hotels. Shareholders approved the nominations of Alexandre Arnault, 31, and Frederic Arnault, 29, who joined their older siblings, Delphine Arnault, 49 and Antoine Arnault, 46. Bernard Arnault, 75, has recently reshuffled the top ranks of management at LVMH, but showed no signs of stepping back, saying in January that he didn't intend to leave in the near or medium term.
Consumers face the prospect of permanently higher interest rates amid geopolitical tensions and “slower globalisation”, a Bank of England official has warned.