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Louis Vuitton owner LVMH in talks to sell Marc Jacobs in deal that could fetch $1B: report
New York Post· 2025-07-25 20:27
French luxury goods group LVMH is in discussions to sell fashion label Marc Jacobs in a deal that could fetch around $1 billion, the Wall Street Journal reported Friday, citing people familiar with the matter.In 2024, Bloomberg reported that LVMH was exploring strategic options for the label with advisers after receiving interest from potential buyers, though the company denied the claim at the time.The Bernard Arnault-led company has been discussing deals with multiple parties, including Reebok-owner Authe ...
Correction: Vranken-Pommery Monopole - FINANCIAL PRESS RELEASE FIRST-HALF 2025 TURNOVER* - release of sales adjusted for the integration of services in both 2025 and 2024
Globenewswire· 2025-07-17 18:54
Core Insights - Vranken-Pommery Monopole reported stable revenue of €109.3 million in H1 2025, a slight decrease of 0.2% compared to H1 2024, amidst a volatile economic environment [2][5][6] - The company is focusing on premium brands, with a positive price-mix effect indicating the effectiveness of its premiumization strategy [3][5] - The Champagne segment showed resilience with a revenue increase of 0.3% to €94.3 million, while overall Champagne market volumes declined by 1.2% [5][6][7] Performance by Business Segment - Champagne revenue reached €94.3 million, up 0.3% from €93.9 million in H1 2024 [6][7] - Provence and Camargue wines maintained stable revenue at €5.7 million, despite volume growth [6] - Other segments, including Port and Douro wines, experienced a decline, while sparkling wines saw a turnover increase of 9.2% [6] Geographic Revenue Breakdown - Revenue from France increased significantly by 22.9% to €40.5 million, while Europe saw a decline of 3.1% to €33.8 million [7] - Revenue from third countries dropped by 23.6% to €20.0 million, primarily due to lower volumes in Duty Free [7] Strategic Focus - The company is committed to a premiumization strategy, enhancing its portfolio with high value-added cuvées to meet consumer demand for authenticity and sustainability [3][5] - A strong emphasis on CSR initiatives, including sustainable practices and preserving craftsmanship, is part of the company's long-term strategy [8][11] Outlook - Despite geopolitical and economic uncertainties, the company is optimistic about growth in the second half of 2025, particularly during the festive season [9] - The company is expanding its international presence, especially in Asia, and is focused on innovation and digitization to support commercial development [11]
Vranken-Pommery Monopole - FINANCIAL PRESS RELEASE FIRST-HALF 2025 TURNOVER*
Globenewswire· 2025-07-17 15:30
FINANCIAL PRESS RELEASE FIRST-HALF 2025 TURNOVER* *under audit Strong performance in a mixed market environment Consolidated revenue stable at €108.3 million (+0.2%)+4.7% growth for Champagne Pommery, reflecting the success of the premiumization strategy Reims, July 17, 2025In the first half of 2025, Vranken-Pommery Monopole once again demonstrated its resilience with stable revenue (+0.2% vs. 2024) in a still volatile economic environment: Significant trade tensions, particularly between Europe and the Un ...
X @BSCN
BSCN· 2025-07-17 14:01
RT BSCN (@BSCNews)Bitcoin’s moving fast just like F1 🏎💨 Now it's @f1champagnex ’s turn to hit the track!The Formula 1 inspired $Champagne token launches on PancakeSwap at 10 AM UTC, July 17th 🏁🍾Get on the grid, feel the speed, and toast to victory 🥂👉 https://t.co/kkNXggkRcRSponsored https://t.co/HsBcddcScb ...
X @BSCN
BSCN· 2025-07-17 10:01
RT BSCN (@BSCNews)Bitcoin’s moving fast just like F1 🏎💨 Now it's @f1champagnex ’s turn to hit the track!The Formula 1 inspired $Champagne token launches on PancakeSwap at 10 AM UTC, July 17th 🏁🍾Get on the grid, feel the speed, and toast to victory 🥂👉 https://t.co/kkNXggkRcRSponsored https://t.co/HsBcddcScb ...
Diamond Estates Wines & Spirits Announces Issuance of Deferred Share Units
Newsfile· 2025-07-14 22:21
Company Overview - Diamond Estates Wines & Spirits Inc. is a producer of high-quality wines and ciders and serves as a sales agent for over 120 beverage alcohol brands across Canada [2] - The company operates four production facilities, three located in Ontario and one in British Columbia, primarily producing VQA wines under various well-known brand names [2] Recent Developments - The company announced the issuance of deferred share units (DSUs) to its directors, totaling 221,875 DSUs at a deemed price of $0.20 per DSU, amounting to $44,375.00 in deferred directors' compensation [1] - These DSUs will be settled in common shares when the directors retire from all positions with the company [1] Product and Brand Portfolio - Through its commercial division, Trajectory Beverage Partners, the company acts as a sales agent for numerous leading international brands across Canada [3] - The portfolio includes notable brands such as Fat Bastard and Gabriel Meffre wines from France, Brimoncourt Champagne, Kaiken wines from Argentina, and various spirits from Ontario and other countries [3]
Laurent-Perrier: Appointment notice
Globenewswire· 2025-07-11 16:00
Core Points - Laurent-Perrier appointed three new Board Observers during the General Meeting on July 10, 2025, to enhance the understanding of the Group's strategic challenges [3][4] - The new appointees are Maximilien Meneux, Luana Meneux, and Léa Pereyre, representing the next generation of the family involved in the company [3][4] - Laurent-Perrier is a publicly listed family-owned champagne house focused on the high-end market, with a diverse product portfolio [8] Group Structure - The appointments were made under the supervision of Patrick Thomas, Chairman of the Supervisory Board [3] - Léa Pereyre, 33, has a background in Industrial Design and has worked on various interdisciplinary projects, including digital education initiatives [5] - Luana Meneux, 25, holds a Master's in Product Design and has experience in industrial design, along with a WSET Diploma [6] - Maximilien Meneux, 28, specializes in Neuroscience and has taken on a directorial role in a subsidiary of Laurent-Perrier [7] Company Overview - Laurent-Perrier is one of the few champagne houses listed on the stock market, exclusively dedicated to champagne and known for its high-quality products [8] - The company operates under several renowned brands, including Laurent-Perrier, Salon, Delamotte, and Champagne de Castellane [8] - It is included in the Euronext indices PEA-PME 150 and Euronext FAMILY BUSINESS, indicating its significance in the market [8]
VRANKEN-POMMERY MONOPOLE : Broadcast and availability of the presentation document for the Combined Ordinary and Extraordinary General Meeting of June 5, 2025
Globenewswire· 2025-06-04 16:34
Group 1 - The Combined Ordinary and Extraordinary General Meeting of Vranken-Pommery Monopole is scheduled for June 5, 2025, at Domaine Pommery in Reims at 3:00 pm [2] - Shareholders can follow the live or recorded broadcast of the meeting through a dedicated link provided by the company [2] - The presentation document for the Annual General Meeting will be available on the company's website for shareholders [2] Group 2 - Vranken-Pommery Monopole is a leading wine player in Europe and the second largest champagne group, managing 2,600 hectares of land across four vineyards [3] - The company's activities encompass wine-growing, wine-making, distribution, and marketing, with a focus on sustainable practices and environmental conservation [3] - The brand portfolio includes various champagne and wine labels, such as Vranken, Pommery & Greno, and others [5]
Laurent-Perrier: Financial Press Release - Annual results 2024-2025
Globenewswire· 2025-05-23 03:00
Core Insights - The Laurent-Perrier Group reported a decline in annual results for the financial year 2024-2025, with a notable decrease in champagne sales and overall revenue, but maintained a high level of profitability [1][4][10] Financial Performance - Champagne sales decreased by 6.8% to €282.9 million compared to the previous financial year [3][5] - Group revenue fell by 5.8%, amounting to €294.4 million [3] - Operating profit decreased by 21.8% to €74.4 million, with an operating margin of 26.3%, down from 31.3% [3][4] - Net profit attributable to the Group was €47.4 million, representing a 25.4% decline from the previous year [3][7] - Earnings per share dropped to €8.02, a decrease of €2.72 [3] Cash Flow and Financial Structure - Operating cash flow was negative at -€11.2 million, a decline of €12.1 million from the previous year [3][8] - The Group's equity attributable to shareholders increased to €627.3 million, while net debt rose to €220.2 million, resulting in a gearing ratio of 0.35 [9][15] Market Context - The global champagne market experienced a volume decline of 5.8% during the reporting period [4][5] - The Group's sales volume decreased by 6.0%, reflecting broader market trends [5][6] Strategic Outlook - The Group continues to invest in brand support and business development, aiming to maintain its high operating margin despite market challenges [4][6][10] - Laurent-Perrier remains focused on the high-end champagne market, leveraging its strong brand portfolio and distribution control [10][11]
VRANKEN-POMMERY MONOPOLE : Availability Preparatoy Documents of General Meeting of 5th June 2025
Globenewswire· 2025-05-16 09:31
Press Release VRANKEN-POMMERY MONOPOLE Arrangements for making available or consulting information relating to the Combined Annual and Extraordinary General Meeting of 5 June 2025 Reims, May 15th 2025 The VRANKEN-POMMERY MONOPOLE Group informs its shareholders that its Combined Annual Ordinary and Extraordinary General Meeting will be held on Thursday 5 June 2025, at 3 p.m., at Domaine Pommery in Reims (51100). The notice of meeting including the agenda and the text of the draft resolutions to be submitted ...