85
Fashion Jobs
JO MALONE LONDON
Education Manager, Jml/lm
Permanent · HO CHI MINH CITY
L'OREAL GROUP
Senior HR Operations Executive/ Assistant Manager
Permanent · HO CHI MINH CITY
ADIDAS
Key Account Manager (Franchise)
Permanent · HO CHI MINH CITY
ADIDAS
Senior Manager, Commercial, Adigolf, Vietnam 1
Permanent · HO CHI MINH CITY
ADIDAS
Key Account Manager 1 (Franchise)
Permanent · HO CHI MINH CITY
COLUMBIA
lo Costing & Engineering Manager
Permanent · HO CHI MINH CITY
L'OREAL GROUP
Category Manager - Cpd
Permanent · HO CHI MINH CITY
L'OREAL GROUP
Business Planning Manager - Cpd
Permanent · HO CHI MINH CITY
ADIDAS
Senior Manager Product Creation (Sportwear)
Permanent · HO CHI MINH CITY
L'OREAL GROUP
Product Manager - Shu Uemura
Permanent · HO CHI MINH CITY
ADIDAS
Manager, Quality Product Integrity
Permanent · HO CHI MINH CITY
TAPESTRY
Manager, Manufacturing Engineer
Permanent · HO CHI MINH CITY
SPECIALIZED
Painting Quality Engineer - Bình Dương, Vietnam
Permanent ·
ON RUNNING
Social Compliance Specialist - Hcm Based
Permanent · HO CHI MINH CITY
ADIDAS
Senior Manager, Sourcing Operations
Permanent · HO CHI MINH CITY
WILLIAMS SONOMA
Wood Sustainability Specialist - (Global)
Permanent · THUẬN AN
PUMA
Manager Quality Apparel & Accessories
Permanent · HO CHI MINH CITY
PUMA
Senior Executive, Finance
Permanent · HO CHI MINH CITY
PUMA
Head of Quality Footwear
Permanent · HO CHI MINH CITY
PUMA
Quality Engineer Cobra
Permanent · HO CHI MINH CITY
PUMA
Key Account Manager, Marketplace E-Com
Permanent · HO CHI MINH CITY
ON RUNNING
Head of Footwear Sourcing
Permanent · HO CHI MINH CITY
By
Reuters API
Published
Jan 26, 2018
Download
Download the article
Print
Text size

LVMH shares climb on back of upbeat outlook and solid results

By
Reuters API
Published
Jan 26, 2018

Shares in LVMH , the world's biggest luxury goods group, rose on Friday after the company reported higher sales and profits and said it had made a favourable start to 2018.


Photo: Fendi Fall 17 campaign



LVMH shares were up 3.1 percent at 247.50 euros in early session trading, with its gains also helping to lift up the shares of rival luxury company Kering. LVMH shares hit a record high of around 260 euros last November.

LVMH said late on Thursday that it had made a favourable start to 2018 after a revival in Chinese demand boosted sales last year and spurred on some of its major brands like Louis Vuitton.

The French company, whose 70 labels range from Dom Perignon champagne to fashion houses like Fendi and Givenchy, also posted record revenues and operating income for 2017 as it rode an industry turnaround and increased online sales.

"The outlook for 2018 remains constructive, reflected in what was, in our view, a confident conference call, and on account of a good entry speed into the year," Deutsche Bank analysts wrote in a research note.
"A strong balance sheet with 24 percent net gearing and 4.7 billion euros of free cash flow provides support to continued investment in market share for the group's brands," added the Deutsche Bank analysts, keeping a "hold" rating on LVMH.

 

© Thomson Reuters 2024 All rights reserved.