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LVMH Moet Hennessy Louis Vuitton SA

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  • The grand opening Louis Vuitton shop in Hong Kong.

    Louis Vuitton, the world's biggest luxury brand in terms of sales, is planning to dampen its expansion worldwide and focus on high-end products to preserve its exclusive image, said Bernard Arnault, chief executive of parent LVMH.

  • Europe Shares Close Lower as Earnings Weigh Thursday, 31 Jan 2013 | 10:14 AM ET

    European shares pared some of the losses on Thursday, after a series of earnings across the continent weighed on market sentiment.

  • Europe Shares Close Mixed After ECB Decision; Nokia Jumps Thursday, 10 Jan 2013 | 11:51 AM ET

    European shares closed narrowly mixed after the European Central Bank and the Bank of England left interest rates unchanged Thursday, while a better-than-expected trade report from China provided support for investor sentiment.

  • Actor Depardieu: Success Being Punished in France Monday, 17 Dec 2012 | 1:11 AM ET
    French actor Gerard Depardieu

    The French actor, accused by French government leaders of being "pathetic" and unpatriotic in trying to dodge taxes by buying a house over the border in Belgium, has hit back at politicians.

  • Actor Depardieu's Belgium Move 'Pathetic:' French PM Thursday, 13 Dec 2012 | 5:02 AM ET
    A photo taken on December 10, 2012 shows a house in the Belgian village of Nechin near Estaimpuis allegedly bought by French actor Gerard Depardieu.

    Actor Gerard Depardieu's decision to establish residency in Belgium, which does not have a wealth tax, by buying a house just over the border with France, is "pathetic" and unpatriotic, French Prime Minister Jean-Marc Ayrault said on Wednesday.

  • Wealth: More Money, More Problems Tuesday, 4 Dec 2012 | 11:26 AM ET

    The wealthy will pay more taxes but spend more, too.

  • Paris prosecutor opens preliminary probe into LVMH Friday, 12 Oct 2012 | 3:21 PM ET

    PARIS-- The Paris prosecutor's office says it has opened a preliminary investigation into scarf and bag maker Hermes' claim that luxury giant LVMH Moet Hennessy Louis Vuitton engaged in insider trading and share manipulation when it took a stake in its rival.

  • PARIS, Oct 12- Paris prosecutors have launched a preliminary criminal investigation into the conditions surrounding luxury group LVMH's building of a stake in bag maker Hermes, the Paris prosecutor's office said on Friday.

  • PARIS, Oct 12- Paris prosecutors have launched a preliminary criminal investigation into the conditions surrounding luxury group LVMH's building of a stake in bag maker Hermes, the Paris prosecutor's office said on Friday. The move comes after Hermes last month asked prosecutors to open a probe into alleged insider trading and share manipulation by LVMH.

  • LVMH's Hermes stake targetted by preliminary probe Friday, 12 Oct 2012 | 1:29 PM ET

    PARIS, Oct 12- Paris prosecutors have launched a preliminary criminal investigation into the conditions surrounding luxury group LVMH's building of a stake in bag maker Hermes, the Paris prosecutor's office said on Friday. The move comes after Hermes last month asked prosecutors to open a probe into alleged insider trading and share manipulation by LVMH.

  • RESEARCH ALERT-Barclays cuts LVMH price target Thursday, 11 Oct 2012 | 1:09 AM ET

    Oct 11- LVMH Moet Hennessy Louis Vuitton SA:. *Barclays cuts LVMH Moet Hennessy Louis Vuitton SA price target to. 151 euros from 160 euros; rating overweight.

  • China’s Rich May Be Loving Luxury Goods Too Much Tuesday, 9 Oct 2012 | 3:29 PM ET
    A man walks past a billboard outside a shopping mall housing luxury brands in Shanghai.

    Luxury sales in China may slow, as the handbag bingers cut back and China's millionaires become over-extended.

  • By Astrid Wendlandt PARIS, Oct 9- French retail and luxury group PPR. While PPR is keen to present Fnac as a turnaround story to shareholders, some analysts said PPR was also looking to separate the retailer from its accounts at a time when consumption trends in France were worsening.

  • LVMH head Arnault to be knighted in London Sunday, 7 Oct 2012 | 2:05 PM ET

    PARIS, Oct 7- The chief executive of French luxury group LVMH, Bernard Arnault, is set to be knighted in London for his contributions to the British luxury industry, an LVMH spokesman said on Sunday. With the knighthood, Arnault will join such personalities as Bill Gates, Stephen Spielberg and Placido Domingo, all of whom have been similarly honored.

  • French and Benelux stocks-Factors to watch on Oct. 4 Thursday, 4 Oct 2012 | 12:59 AM ET

    EADS Chief Executive Tom Enders is prepared to talk about guarantees for jobs and production sites in a planned merger of the company with Britain's BAE Systems, he told Germany's Bild daily.

  • Louis Vuitton to sell luxury paper and pens Wednesday, 3 Oct 2012 | 12:13 AM ET

    PARIS, Oct 3- Louis Vuitton is branching out into luxury pens and stationery as the upmarket leather bag maker looks for new ways to retain its exclusive image, after it launched high-end jewellery and hired an expert to create a perfume.

  • Luxury stocks out of fashion as China loses steam Tuesday, 2 Oct 2012 | 11:43 AM ET

    PARIS, Oct 2- European luxury stocks, once a must-have for portfolio managers seeking to avoid the European economic doldrums and get exposure to surging China sales, are falling out of favour, hit by concerns about slowing growth there.

  • French regulator plays down Hermes case against LVMH Tuesday, 2 Oct 2012 | 10:24 AM ET

    PARIS, Oct 2- French stock market regulator AMF said it did not believe luxury group LVMH had engaged in insider trading or share price manipulation when it bought its first 14 percent stake in rival Hermes in 2010..

  • French and Benelux stocks-Factors to watch on Oct. 2 Tuesday, 2 Oct 2012 | 12:50 AM ET

    CAC-40 futures are 0.7 percent lower at 0620 GMT FRANCE TELECOM. The oil services company said on Tuesday it has signed a lump-sum contract with Murphy Exploration& Production Company for the development of an offshore field in the Gulf of Mexico.

  • PARIS, Oct 2- Valentino, the Italian fashion brand recently snapped up by Qatar's royal family, continues to enjoy strong demand and plans a new global expansion phase, with flagship store openings in the works, its head said on Tuesday. "There will be new boutiques, new flagships, everywhere," Sassi said, adding that meant in Asia, Europe and the Middle East.