|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's range||692.20 - 703.90|
|52-week range||655.00 - 904.60|
|Beta (5Y monthly)||0.99|
|PE ratio (TTM)||21.87|
|Earnings date||24 Jan 2024 - 29 Jan 2024|
|Forward dividend & yield||11.00 (1.57%)|
|Ex-dividend date||04 Dec 2023|
|1y target est||840.90|
In this article, we will take a look at the 25 most expensive shoe brands in the world. If you want to skip our detailed analysis, you can go directly to the 5 Most Expensive Shoe Brands In the World. According to a report by Grandview Research, the global luxury footwear market was valued at $33.52 […]
At Louis Vuitton, Nicolas Ghesquière is celebrating a decade as the artistic director of womenswear division, a true feat when one considers that his tenure has coincided with the advent of so many innovations, including two new shows on the calendar, a brief spell of see-now-buy-now, the virtual fashion show and the unstoppable ascent of social media. Co-headed by Ghesquière, Francesca Amfitheatrof in high jewellery and Pharrell Williams, who now designs the menswear, Louis Vuitton has been the first luxury brand to break €20bn in annual sales: its global reach and power is phenomenal. What struck me was how fondly everyone spoke of Ghesquière – many of them have been friends with him for years.
Morgan Stanley downgraded global luxury leader LVMH (MC.PA) from "Overweight" to "Equal Weight." The bank also slashed the stock's price target from $936 to $860, citing weak demand and concerns about its dependency on China. The move mirrors calls from other banks like UBS, which have expressed concerns about decreasing consumer appetite for high-end items amid economic uncertainty. Yahoo Finance's Seana Smith and Bradley Smith discuss the widespread decline in the luxury item market, providing insights into how LVMH's dependency on China could weigh on sales for the luxury house. Click here to watch the full interview on the Yahoo Finance YouTube page or you can watch this full episode of Yahoo Finance Live here.