In other luxury goods, LVMH's performance is contested more, as LVMH is losing share to, for example, Diageo in spirits and to Richemont in watches and jewelry. After weak industry sales in 2024 ...

In another tariff battle, U.S. President Donald Trump warned he might impose a 200% tariff on alcohol from France and other European countries ...

European markets are expected to open in mixed territory Thursday, stumbling lower as President Donald Trump’s tariffs policy upends global trading relations.

President Trump accused the EU of being “one of the most hostile and abusive taxing and tariffing authorities in the World." ...

Additionally, Moët Hennessy is partially owned by Diageo Plc, which holds a 34% stake, making a sale of LVMH’s stake to Diageo one possible scenario. Alternatively, LVMH could spin off Moët ...

Trump's threat of 200% tariffs on European wine and champagne rattles markets, hitting Pernod Ricard, Rémy Cointreau, and Davide Campari shares.

Stoxx 600 down 0.19%, Germany's DAX loses 0.48%, France's CAC 0.64%, and Italy's FTSE MIB 0.8% - Anadolu Ajansı ...

Alternatively, Diageo Plc, which owns 34% of Moet Hennessy, could acquire LVMH’s stake. LVMH could also eventually spin off cosmetics retailer Sephora, says Erwan Rambourg, global head of ...

Trump said he was responding to the EU's own new 50% tariff on whiskey out on the U.S. Drinks giant Diageo, owner of brands ... while luxury conglomerate LVMH — parent firm of Moët & Chandon ...