LVMH Moet Hennessy Louis Vuitton SE (MOH.HM)
- Reuters
LVMH's unit put under court administration in Italy over labour exploitation
MILAN (Reuters) -An Italian subsidiary of French luxury giant LVMH that makes Dior-branded handbags was placed under court administration on Monday, after a probe alleged it had sub-contracted work to Chinese-owned firms that mistreated workers. This is the third such decision this year by the Milan court in charge of pre-emptive measures, which in April named a commissioner to run a company owned by Giorgio Armani due to accusations the fashion group was "culpably failing" to adequately oversee its suppliers. Armani Group said at the time it had always sought to "minimise abuses in the supply chain".
- The Telegraph
US jobs shock leaves traders reeling as hopes of interest rate cut sink
The US economy added more jobs than expected last month in a blow to hopes that the Federal Reserve could start interest rate cuts from September.
- GlobeNewswire
LVMH: Share transactions disclosure
Paris, May 28th, 2024 The disclosure of share transactions carried out from May 20th to May 24th 2024, was sent to the AMF on May 28th 2024. As required by current law, this document is publically available and can be consulted on the Company’s website (www.lvmh.com) under the section «regulated information». LVMH LVMH Moët Hennessy Louis Vuitton is represented in Wines and Spirits by a portfolio of brands that includes Moët & Chandon, Dom Pérignon, Veuve Clicquot, Krug, Ruinart, Mercier, Châtea
