|Over a week ago|
LVMH price target raised to EUR 785 from EUR 780 at RBC Capital » 13:1310/1810/18/21
RBC Capital analyst Piral…
RBC Capital analyst Piral Dadhania raised the firm's price target on LVMH to EUR 785 from EUR 780 and keeps an Outperform rating on the shares.
#SocialStocks: FTC urged to uphold new children's privacy policies » 15:5310/1310/13/21
TWTR, FB, LVMUY, M, ULTA, WMT, APP
LVMH price target raised to EUR 610 from EUR 600 at Deutsche Bank » 14:3610/1310/13/21
Deutsche Bank analyst…
Deutsche Bank analyst Francesca DiPasquantonio raised the firm's price target on LVMH to EUR 610 from EUR 600 and keeps a Hold rating on the shares.
LVMH price target raised to EUR 736 from EUR 734 at UBS » 14:2110/1310/13/21
UBS analyst Helen Brand…
UBS analyst Helen Brand raised the firm's price target on LVMH to EUR 736 from EUR 734 and keeps a Buy rating on the shares.
Facebook, Instagram to host Live Shopping experiences during Holiday Season » 15:1210/1110/11/21
FB, M, ULTA, WMT, LVMUY
Beginning November 1,…
Beginning November 1, Facebook (FB) will host daily Live Shopping experiences on Facebook and Instagram where users "can find the latest gifts and exclusive deals, get advice from fellow shoppers and connect with celebrities, creators and brand experts," according to the company. "Some of the biggest brands including Benefit Cosmetics [LVMUY], Cocokind, Macy's [M], Paintbox Nails, Tanya Taylor, Ulta Beauty [ULTA], Vuori and Walmart [WMT] will host live videos that allow you to shop the latest holiday trends from the comfort of your home." The social media giant also said that it is "bringing back #BuyBlack Friday to highlight Black-owned businesses and are providing weekly #BuyBlack collections on Facebook and Instagram." Reference Link
LVMH announces acquisition of Officine Universelle Buly » 12:0610/0510/05/21
LVMH announces the…
LVMH announces the acquisition of Officine Universelle Buly, which specializes in perfumes and cosmetics. "After having been supported and assisted for nearly four years by LVMH Luxury Ventures, a minority investment fund, it now joins the LVMH Group alongside its 75 other Maisons... Buly is recognized for the quality of its products, the diversity of its universe, and the passion that this brand arouses. The traditional, original and refined design of its shops offer a totally personalized experience. Thanks to a unique identity, between heritage and modernity, tradition and innovation, L'Officine Universelle Buly has become an iconic brand," the company stated. Reference Link
|Over a month ago|
LVMH price target lowered to EUR 700 from EUR 730 at Credit Suisse » 14:2609/2309/23/21
Credit Suisse analyst…
Credit Suisse analyst Guillaume Gauvill lowered the firm's price target on LVMH to EUR 700 from EUR 730 and keeps an Outperform rating on the shares.
LVMH initiated with an Overweight at Barclays » 16:5409/2109/21/21
Barclays analyst Carole…
Barclays analyst Carole Madjo initiated coverage of LVMH with an Overweight rating and EUR 726 price target. The analyst believes LVMH should continue to outperform the market due to the "strong" momentum of its big brands, particularly Louis Vuitton, and as a result of its strong position in China and the U.S.
Amazon to hold three week beauty sales event in October, CNBC reports » 14:1809/1509/15/21
AMZN, ULTA, LVMUY
Amazon.com (AMZN) plans…
Amazon.com (AMZN) plans to hold a beauty sales event for three weeks starting October 4 in an attempt to lure early holiday shoppers and boost its position in the space, Annie Palmer of CNBC reports, citing documents reviewed by CNBC. "We want to draw customers back to Amazon during Black Friday week but also long term with additional marketing levers," Amazon wrote in a slide deck to select beauty brands, Palmer reports. The event could also help Amazon better compete with retailers like Ulta Beauty (ULTA) and LVMH-owned (LVMUY) Sephora, said Kwontified's Elaine Kwon told CNBC. Reference Link
LVMH upgraded to Buy from Hold at HSBC » 04:4309/1009/10/21
HSBC analyst Erwan…
HSBC analyst Erwan Rambourg upgraded LVMH to Buy from Hold with a price target of EUR 760, up from EUR 710. The company's scale and diversity will help it to navigate a slower growth period for luxury stocks better than its peers, Rambourg tells investors in a research note. The analyst says LVMH's relatively limited exposure to China and "mainstream" luxury propositions in its portfolio should make its momentum slow only moderately in the short-term.