LVMH Moët Hennessy - Louis Vuitton, Société Européenne (LVMHF)
| Previous close | 853.00 |
| Open | 854.05 |
| Bid | 0.00 x 0 |
| Ask | 0.00 x 0 |
| Day's range | 845.20 - 855.96 |
| 52-week range | 690.66 - 1,003.50 |
| Volume | |
| Avg. volume | 1,359 |
| Market cap | 423.02B |
| Beta (5Y monthly) | 0.99 |
| PE ratio (TTM) | 25.92 |
| EPS (TTM) | N/A |
| Earnings date | N/A |
| Forward dividend & yield | 13.96 (1.64%) |
| Ex-dividend date | 23 Apr 2024 |
| 1y target est | N/A |
- Yahoo Finance Video
Prestige cosmetics are on the rise: Top beauty trends
The beauty sector continues to grow amid a tumultuous market and weakened consumer spending. Orveon Global CEO Neela Montgomery joins Yahoo Finance to discuss some of the latest beauty trends and new opportunities for growth. "We're seeing a very strong Q1 in the prestige cosmetics space," Montgomery tells Julie Hyman, adding that prestige cosmetics are growing at a much faster rate than the mass beauty market. Despite tightening consumer wallets, she explains that consumers turn to prestige products for consistent quality, which brands should not lose sight of. She also highlights the power and influence social media has on the beauty sector, as one viral makeup video could spark an industry-wide sensation causing product sales to surge. Alongside social media as a powerful tool for the industry, Montgomery points to Amazon as a "force in beauty" that has allowed Orveon's BareMinerals brand to double its sales. Department stores also continue to provide steady growth for beauty brands. For more expert insight and the latest market action, click here to watch this full episode. This post was written by Melanie Riehl
- The Telegraph
Luxury tycoon Bernard Arnault unleashes legal blitz on Visa and Mastercard
Bernard Arnault’s sprawling business empire has launched a raft of legal claims against Visa and Mastercard amid an ongoing row over credit card fees.
- Barrons.com
Luxury Brands Have a New Challenge. Ordinary Rich People Are Pulling Back.
While luxury companies pride themselves on catering to the top 1%, the pullback by the 10% has had repercussions on sales growth.
