LVMH expects annual profit to fall between 10% and 15%
Article Abstract:
LVMH Moet Hennessy Louis Vuitton S.A. is forecasting a decline in its 2001 operating profits of 10% to 15%. The company was hit harder by the effects of the September 2001 terrorist attacks in the US than was previously anticipated.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2001
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Prada agrees to sell Fendi interest to LVMH
Article Abstract:
Prada Holding N.V. has decided to sell its stake in Fendi to LVMH Moet Hennessy Louis Vuitton S.A. in an agreement that signals a strategic move for Prada, but could speed up the development of Fendi.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2001
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LVMH slightly exceeds sales estimates
Article Abstract:
LVMH Moet Hennessy Louis Vuitton SA posted an increase of 12% in its sales for the 2001 first-half period to 5.6 billion euros. The result was slightly higher-than-expected.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2001
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