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LVMH Moët Hennessy Louis Vuitton S.E. (MC.PA)
| Previous close | 631.80 |
| Open | 628.60 |
| Bid | 0.00 x 0 |
| Ask | 0.00 x 0 |
| Day's range | 623.30 - 629.90 |
| 52-week range | 324.30 - 639.90 |
| Volume | 356,074 |
| Avg. volume | 376,130 |
| Market cap | 314.877B |
| Beta (5Y monthly) | 0.98 |
| PE ratio (TTM) | 67.09 |
| EPS (TTM) | 9.32 |
| Earnings date | 26 Jul 2021 - 30 Jul 2021 |
| Forward dividend & yield | 6.00 (0.95%) |
| Ex-dividend date | 20 Apr 2021 |
| 1y target est | 319.92 |
- Globe Newswire
LVMH: Share Transactions Disclosure
Paris, May 4th, 2021 The disclosure of share transactions carried out from April 26th to April 30th, 2021 was sent to the AMF on May 4th, 2021. As required by current law, this document is publically available and can be consulted on the Company’s website (www.lvmh.com) under the section «regulated information». Attachment Share Transactions Disclosure from April 26th to April 30th 2021
- Bloomberg
Ergatta, Rowing Startup, Nabs $200 Million Valuation
(Bloomberg) -- Ergatta, a maker of $2,199 rowing machines that use games in lieu of instructors as it competes against Peloton Interactive Inc. for a share of the at-home fitness market, has nabbed a $200 million valuation.The Brooklyn-based startup raised $30 million in a round led by Advance Venture Partners that included participation from Greycroft, Fifth Wall and Gaingels, Chief Executive Officer Tom Aulet said in an interview. Hans Tung, a GGV managing partner, joined the company’s roster of angel investors, which includes Zynga Inc. founder Mark Pincus.Ergatta launched in March 2020 and reached $35 million in run-rate revenue within eight months. It will use the fresh funds to develop new games; add live competition and events; grow its membership base; and scale operations so its supply chain can meet consumer demand.“Connected fitness was already growing quickly, then Covid really accelerated adoption tailwinds,” Aulet said.Ergatta’s workouts are delivered as games, enabling users to compete as they would while playing a sport. “Our primary market research identified half the population isn’t motivated by instructor-led classes so we developed a solution that has clearly resonated and is quite addictive,” Aulet said.Ergatta has around 10,000 active users who on average work out more than 10 times a month for at least 20 minutes. Workouts are personalized based on prior performance and the games are designed to be challenging enough to keep users engaged, he said.The company may explore pairing its game-based content with other cardio equipment, though no timeline has been set, Aulet said. Ergatta expects ongoing traction even in a post-vaccine world.“We started the company with the belief that convenience is a priority for consumers,” said Aulet.AVP founding partner Courtney Robinson -- who’s joining Ergatta’s board -- said in an emailed statement she believes the future of fitness is at home.“Ergatta’s unique workout experience resonates with a large, unaddressed portion of the market that thrives off of competition, sport and continuous improvement,” she said.Read More: Hydrow Raises $25 Million Led by LVMH Fund to Take On Peloton(Corrects name of Advance Venture Partners in second paragraph of story published April 28.)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P.
- Bloomberg
Tod’s Surges as LVMH Invests More in Italian Shoemaker
(Bloomberg) -- Tod’s SpA shares surged after luxury French fashion house LVMH boosted its stake to 10%, fueling speculation that the troubled Italian shoemaker may become a takeover target.The stock rose as much as 16% to the highest in more than a year Friday, bringing the company’s market value to about 1.3 billion euros ($1.6 billion). Tod’s Chief Executive Officer Diego Della Valle sold a 6.8% stake to LVMH for 74 million euros, the company said Thursday. The Paris-based owner of Louis Vuitton already held a 3.2% stake.Jefferies analyst Flavio Cereda said this move may prompt speculation LVMH could take a further stake in the company.“This may represent an excellent reason to consider further opportunities to be taken in the future ahead,” Della Valle said in the statement.While LVMH and Hermes have shown resilience weathering the pandemic, Tod’s has struggled. Shoppers have turned away from the Italian shoemaker’s suede gommino loafers and Roger Vivier city pumps, switching to more casual footwear.Any takeover would require the assent of Della Valle, who still owns about 64% of Tod’s after this transaction. LVMH now is stronger partner for Tod’s, which is still in need of a serious turnaround, Citigroup analyst Thomas Chauvet wrote in a note.“The friendship with Diego Della Valle and his family goes back over 20 years,” LVMH CEO Bernard Arnault said in the statement.Tod’s revenue last year slid by 30% compared to LVMH’s 16% drop. Tod’s has also suffered from its over reliance on European markets which with Italy represented almost half of its revenue last year. Europe has been the most negatively impacted region with many luxury stores still closed, over a year after the start of the pandemic.Tod’s shares soared earlier this month after it appointed Italian fashion influencer and entrepreneur Chiara Ferragni as a director, a development welcomed by some analysts as Tod’s seeks to revamp its brand and attract younger customers.LVMH was little changed in Paris trading on Friday. The company, which completed the acquisition of the U.S. jeweler Tiffany this year, has been gaining market share in the wake of the crisis sparked by the pandemic.(Updates with context on Tod’s)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P.
