Louis Vuitton Upgraded to “Buy” by Renaissance Capital (LVMUY)
We shared so many references.’ While the New York-born Jacobs has become a part-time naturalised Parisian, dividing time between his own Marc Jacobs labels in America and Vuitton in Paris, de Libran’s journey went the other way. When she was eight years old, her father decided to move the family to America. ‘He was having his American dream moment,’ says de Libran. ‘He sold our entire estate near Aix-en-Provence – the house had been in the family since the 1500s.’ If this sounds dramatic, it is perhaps explained by the fact that he lost his father when he was 14 and his mother when he was 20. Maybe running the family wine business held too many memories? ‘Maybe, but it was a big culture shock,’ says de Libran. First they moved to New York – ‘too cold for my mother’ – then to San Francisco – ‘too rainy and windy’ – and finally to San Diego: ‘That was just like the South of France, with olive trees, so we stayed.’ Julie de Libran, aged seven But Southern California turned out to be a less than fashionable destination. ‘It was just beachwear,’ says de Libran. ‘I could never find anything I liked. So my mother, who had always worn YSL, Sonia Rykiel and then Chanel, would take me to fabric shops and I’d design what I wanted and have it made up for all those parties, proms and things.’ Her father, seeing the signs, enrolled her in fashion school, at the Marangoni in Milan.
How the Louis Vuitton Cup changed the sport
We were down 1-3 and couldn’t afford any more mistakes. Even so, we missed our start and took off several lengths behind the Americans – it couldn’t have looked any worse. But we were ready for war, and we summoned up the strength to come back 2-3, and then equalize at 3-3.” On Sept. 26, 1983, Bertrand carried off a victory that was celebrated for months in Australia and lamented for four years in America (until Conner won the trophy back in 1987). Conner said that the Louis Vuitton Cup always provided great preparation for the America’s Cup races and that winning the Cup back from Australia was one of the greatest moments of his life. “We were hailed as heroes back in the United States,” Conner said.
Qatar-backed Louis Vuitton in $2.57bn acquisition
Loro Piana, which makes 30 percent of its sales in Asia, has enjoyed continued strong demand in China even as some other luxury brands such as Gucci and Louis Vuitton have experienced slowdowns. Earlier this year, it said it expected sales to grow a little over 10 percent this year, after growth of 13.1 percent to 630 million euros ($815m) in 2012. Consultancy Bain & Co expects sales in the global luxury goods market to rise 4-5 percent this year, cooling from 5 percent last year at constant exchange rates. LVMH said it planned to expand the Italian brand’s leather goods offering as well as its footprint worldwide. Loro Piana gets 85 percent of its revenue from its 185 directly operated stores and shop-in-shops. LVMH said it would finance the deal with cash and new debt and expected the transaction to close at the end of the year.
They currently have a 145.00 ($185.90) price target on the stock. LVMH Moet Hennessy Louis Vuitton SA ( EPA: MC ) traded up 2.06% on Monday, hitting 131.40. LVMH Moet Hennessy Louis Vuitton SA has a 52-week low of 113.85 and a 52-week high of 143.40. The stocks 50-day moving average is currently 125.6. The company has a market cap of 65.699 billion and a price-to-earnings ratio of 18.88. Other equities research analysts have also recently issued reports about the stock. Analysts at Sanford C. Bernstein reiterated an outperform rating on shares of LVMH Moet Hennessy Louis Vuitton SA in a research note to investors on Monday, June 17th.
Paris men’s fashion week: Louis Vuitton spring-summer 2014
For spring and summer 2014, the Louis Vuitton man was indulging in the time-honored tradition of the West Coast American road trip, men’s studio and style director Kim Jones and artistic director Marc Jacobs explained in the show notes. “The collection is really about the freedom of the road and that freedom itself being luxurious, Jones says in the notes. The clothing should have that do-what-you-want attitude. Its a road trip drawing on elements of classic American culture from clothes, music to souvenirs. Its the changing environment from city to forest to desert, that journey in a day from snow-covered mountains to cacti in the desert that you can only really seem to have in America.
BNP Paribas Reiterates “Neutral” Rating for LVMH Moet Hennessy Louis Vuitton SA (MC)
The firm currently has a $2.60 price objective on the stock. Renaissance Capitals price target points to a potential downside of 92.30% from the companys current price. Louis Vuitton ( NASDAQ: LVMUY ) opened at Louis Vuitton Outlet 33.77 on Tuesday. Louis Vuitton has a 1-year low of $27.75 and a 1-year high of $38.47. The stocks 50-day moving average is currently $34.02. The company has a market cap of $84.424 billion and a price-to-earnings ratio of 19.12. LVMH Moet Hennessy Louis Vuitton SA ( NASDAQ: LVMUY ) is a France-based luxury goods company.