Previous close | 727.40 |
Open | 714.50 |
Bid | 718.30 x 0 |
Ask | 719.60 x 0 |
Day's range | 714.50 - 714.50 |
52-week range | 647.00 - 885.20 |
Volume | |
Avg. volume | 6 |
Market cap | N/A |
Beta (5Y monthly) | N/A |
PE ratio (TTM) | N/A |
EPS (TTM) | N/A |
Earnings date | 23 July 2024 - 29 July 2024 |
Forward dividend & yield | N/A (N/A) |
Ex-dividend date | N/A |
1y target est | N/A |
The Arnaults' clout in the luxury world has conjured "Succession" parallels over who might take over. But Bernard Arnault doesn't plan to retire just yet.
Europe’s richest man Bernard Arnault has bought personal shares in a rival to his luxury empire LVMH, in a move expected to fuel speculation over a possible takeover.
LVMH, the world's largest luxury group, has acquired Switzerland-based speciality clock maker L'Epee 1839, boosting its expertise in high-end watch making, the company said on Tuesday. The acquisition comes as luxury groups seek to cater to shoppers at the very high end of the market as the rising cost of living dampens demand for luxury goods. LVMH's watches division is headed by Frederic Arnault, one of the five children of LVMH chairman and CEO Bernard Arnault, who was promoted to the position in January.