Definitions for lvmh
lvmh

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1. LVMH

   LVMH Moët Hennessy – Louis Vuitton SE (French pronunciation: ​[moɛt‿ɛnɛsi lwi vɥitɔ̃]), also known as LVMH, is a French multinational luxury goods conglomerate headquartered in Paris(France). The company was formed in 1987 under the merger of fashion house Louis Vuitton with Moët Hennessy, a company formed after the 1971 merger between the champagne producer Moët & Chandon and Hennessy, the cognac manufacturer. It controls around 60 subsidiaries that each manage a small number of prestigious brands. The subsidiaries are often managed independently. The oldest of the LVMH brands is wine producer Château d'Yquem, which dates its origins back to 1593.Christian Dior SE is the main holding company of LVMH, owning 40.9% of its shares, and 59.01% of its voting rights. Bernard Arnault, majority shareholder of Dior, is Chairman and CEO of both companies. In 2017, Arnault purchased all the remaining Christian Dior shares in a reported $13.1 billion buy out. The Dapifer reports that LVMH will gain ownership of Christian Dior haute couture, leather, both men's and women's ready-to-wear, and footwear lines.Arnault's successful integration of various famous aspirational brands into a single group has inspired other luxury companies to do the same. Thus, the French conglomerate Kering and the Swiss-based Richemont have also created extended portfolios of luxury brands. The company is a component of the Euro Stoxx 50 stock market index.

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1. Alex

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   Mark

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   Daniel

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   Libby

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   Karen

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Numerology

1. Chaldean Numerology

   The numerical value of lvmh in Chaldean Numerology is: 9

2. Pythagorean Numerology

   The numerical value of lvmh in Pythagorean Numerology is: 1

Examples of lvmh in a Sentence

1. Neil Saunders:

   LVMH is a brand that has quite a wide appeal. It serves lots of different markets.

2. Ben Cavender:

   Both Kering and LVMH have been able to invest very heavily into store renovations, visual merchandising, and digital strategy in China which has made it easier for Both Kering and LVMH to generate mainland China sales, prada was behind the curve.

3. Luca Solca:

   I believe this is the most important divide between brands like LV and Gucci, who have adapted Both Kering and LVMH marketing mix faster and more effectively to millennials.

4. Jelena Sokolova:

   > LONDON, Jan 31( Reuters) - Europes glittering luxury companies, the regions top stock-market performers in 2023, may see yet more gains driven by a rebound in Chinese spending, but for some the sector is starting to look expensive.The likes of French luxury giant and Louis Vuitton-owner LVMH, and Swiss jewelry company Richemont( CFR.S), have benefited from the resilience of their wealthy customers against the cost-of-living crisis.Since the start of 2023, Chinas decision to allow more normal activity and dismantle its strict COVID-19 restrictions has provided another boost for the sector.An index of European luxury goods retailers(. dMIEU0TA00PUS) has rallied around 18 % so far this year, outperforming the wider pan-European STOXX 600(. STOXX), which is up 6.2 % in the same time frame.But the fact that luxury goods companies are not as cheap as they once were is a concern/point of attention, said Kasper Elmgreen, Head of Equities at Amundi, Europes largest asset manager.They’re much more fairly valued today, there is less that is perhaps undiscovered. The risk is that when something moves to being priced to perfection there is always a higher risk of disappointment.The price-to-earnings ratio of the MSCI Europe luxury index is around 26, while that of the broader STOXX is closer to 13, according to Refinitiv data.Reuters GraphicsEuropean luxury has historically traded at a big premium relative to the broader market, but this has widened even further in recent years. At 23 times 12-month forward earnings, its current premium of 82 % is almost twice as much as the 20-year average, according to Refintiv Datastream.snapshotTHE APPLE OF EUROPES EYELVMH, Europes most valuable company by market capitalisation, has a PE ratio of around 30, while rival Hermes( HRMS.PA) has a valuation of almost 60, according to Refinitiv data. Apple( AAPL.O), the worlds most valuable company, commands a PE ratio of around 23. Jelena Sokolova, senior equity analyst at Morningstar, said that China reopening is the key issue for European luxury stocks this year, and is already at least 50 % priced in.Currently we do n’t see this sector as undervalued anymore... there were some opportunities last year, but they are fairly valued now, or a little too overvalued at the moment.

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References

1. ^ Wikipedia
   https://en.wikipedia.org/wiki/Lvmh