LVMH Moet Hennessy reports 1H profit EU 2.58B vs. EU 2.71B last year Reports 1H revenue EU 14.01B vs. EU 13.63B last year. LVMH said, "Organic revenue growth was 5% compared to the same period in 2013. The Group continued to grow in the United States and Asia. Europe demonstrated resilience despite a still challenging economic environment. With organic growth of 3%, the second quarter showed comparable regional trends to the first quarter, except in Japan, which had experienced particularly strong growth during the first quarter."
LVMH not likely interested in Coach, says Evercore ISI Evercore ISI said LVMH (LVMUY) is not likely interested in acquiring Coach (COH). The firm said LVMH has put a lot of marketing and investment behind the Marc Jacobs label and is unlikely to acquire another aspirational brand at this point.