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Stock Market & Financial Investment News

News Breaks
January 30, 2014
06:18 EDTBURBY, LVMUY, COHWomen in China altering fashion scene, Bloomberg reports
In China, women have begun to catch up to men when it comes to luxury shopping, reports Bloomberg. Bain & Co. valued China’s domestic luxury market at about $19B in 2013. As such, firms like Chanel and LVMH Moet Hennessey Louis Vuitton are increasing floor space for women’s wear. Reference Link
News For BURBY;LVMUY;COH From The Last 14 Days
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October 17, 2014
06:13 EDTLVMUYLVMH could pair with a tech company to launch smartwatch, WSJ reports
LVMH Moet Hennessy Louis Vuitton (LVMUY) says it could team up with with a technology company to launch a smartwatch for one of its brands, the Wall Street Journal reports. Jean-Claude Biver, president of LVMH’s watch division, commented "Maybe in nine months, we will have a smartwatch." Publicly traded smartwatch makers include Apple (AAPL), Google (GOOG) and Samsung (SSNLF). Reference Link
October 14, 2014
12:46 EDTLVMUYLVMH says Wine & Spirits unit revenue fell 3% in first nine months of 2014
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12:44 EDTLVMUYLVMH Moet Hennessy to continue 'targeted geographic expansion'
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12:43 EDTLVMUYLVMH Moet Hennessy reports revenue growth increased 4% in Q3
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October 9, 2014
09:41 EDTCOHBofA/Merrill retail analysts hold an analyst/industry conference call
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