Bernard Arnault News
06.11 / 14:53
IPO
Target
Williams
Citigroup
Birkenstock gets Wall Street's top rating on capacity addition, expansion
(Reuters) -Wall Street brokerages largely initiated Birkenstock (NYSE:BIRK) with their top ratings, pointing to a likely boost from the German luxury sandal maker's recent investments to increase capacity, expansion into newer styles and brand loyalty.
20.10 / 18:33
16.10 / 10:55
12.10 / 19:01
12.10 / 13:33
UPS
IPO
Birkenstock shares edge higher premarket after underwhelming debut
Investing.com -- Shares in Birkenstock (NYSE:BIRK) inched slightly higher in premarket U.S. trading on Thursday, pointing to a muted bounce back for the stock after it slumped in its Wall Street debut in the prior session.
11.10 / 02:11
Citi
IPO
Manufacturing
JPMorgan
reports
Birkenstock IPO: American public issue price fixed at $46 per share. Details here
New York Stock Exchange under the “BIRK" ticker symbol. Goldman Sachs, JPMorgan Chase and Morgan Stanley are the lead underwriters for the IPO. According to a report in Bloomberg, at the IPO price, Birkenstock has a market value of $8.64 billion based on its filings with the US Securities and Exchange Commission.
10.10 / 23:03
30.09 / 18:21
Provident
Target
Reuters
reports
Deal targeted by probe involving LVMH's Arnault was legal - lawyer
PARIS (Reuters) — A financial transaction under investigation in France involving LVMH owner Bernard Arnault was carried out in full respect of the law, his lawyer said on Saturday.
18.09 / 12:21
Blockchain
Ethereum
FIVE
NFT
CEO
Strategy
Crypto Advocates Among Arnault Heirs: LVMH's Succession in Focus
The luxury conglomerate LVMH, headed by CEO Bernard Arnault, is facing a pivotal moment in its history as the business magnate decides which of his five children will inherit his vast empire.
14.08 / 01:59
Man
Amazon
SENSEX
performer
At $96.4 billion, Mukesh Ambani is India’s richest and 11th in world
Mukesh Ambani, chairman of Reliance Industries, India’s most valuable company, continues to be the richest man in India with a net worth of $96.4 billion, according to the Bloomberg Billionaires Index as of August 11. He is also the 11th richest in the world.
25.07 / 21:15
24.07 / 19:41
COST
FIVE
CEO
Hennessy
stage
beautiful
Deal
LVMH strikes Paris Olympic Games sponsorship deal
PARIS (Reuters) — Luxury giant LVMH unveiled on Monday a deal to sponsor next year's Olympic Games in Paris with top fashion brands Louis Vuitton and Dior, Moet Hennessy champagne and spirits labels and jeweller Chaumet, which will design medals for the event.
21.07 / 10:47
21.07 / 03:17
Microsoft
CEO
Platform
Gap
Oracle
Tesla
elon
Elon Musk’s wealth slumps $20 billion as Tesla shares tumble
Elon Musk’s fortune slumped $20.3 billion Thursday after Tesla Inc. warned it may have to keep cutting the prices of its electric vehicles, sending shares tumbling. The drop in net worth to $234.4 billion is the seventh-largest decline ever among those in the Bloomberg Billionaires Index, and further narrows the wealth gap between Musk and Bernard Arnault, the world’s two richest people.
21.07 / 01:07
Lowe's
NASDAQ
Gap
Oracle
Tesla
elon
Elon Musk’s wealth slumps $20.3 billion as Tesla shares tumble; narrows gap between world’s two richest people
Elon Musk’s wealth slumped $20.3 billion on Thursday after Tesla Inc. warned that it may have to keep cutting the prices of its electric vehicles, sending its shares tumbling. This drop in net worth to $234.4 billion is the seventh-largest decline ever among those in the Bloomberg Billionaires Index.
13.07 / 13:39
FIVE
Deloitte
Rolex
Football player Cristiano Ronaldo invests in second hand luxury watch firm
Cristiano Ronaldo has invested an unannounced amount of money in second luxury watch company Chrono24 GmBH. Its significance can be understood by the fact that the other known personal stakeholder is Louis Vuitton chairman Bernard Arnault. Chrono24 GmBH was valued at more than USD 1 billion in 2021 and it has more than 5,00,000 luxury watched for sale.
07.07 / 03:35
IPO
Reuters
JPMorgan
valuation
Catterton mulls IPO for Birkenstock at more than $6 bln valuation
LVMH, is considering strategic options for Birkenstock including an initial public offering, which could value the German sandal maker at more than $6 billion, Bloomberg News reported on Thursday. L Catterton is working with advisers that include Goldman Sachs and JPMorgan on a potential U.S.
03.07 / 11:47
07.06 / 11:19
NFT
Non-fungible tokens
Metaverse
Fashion
Backed
Louis Vuitton Set to Launch $42,000 Physical-Backed NFT Trunks
French luxury fashion house Louis Vuitton has announced its first non-fungible token (NFT) collection, with each iconic-trunk-turned-digital-collectible coming with a tag of nearly $42,000.
28.01 / 12:05
business
Fashion
Louis Vuitton may consider metaverse as business opportunity
Luxury brand Louis Vuitton (LHMV) may consider metaverse as a business opportunity, CEO Bernard Arnault said. He, however, also sounded a note of caution and said the company was wary of bubbles.
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