On June 14, 2023, it was announced that LVMH and Epic Games have joined forces in a strategic partnership that will revolutionize the creative pipeline and customer experiences of Maisons. With the help of Epic Games’ Unreal Engine technology, LVMH aims to provide its customers with innovative and unique experiences that will set them apart from the competition. This isn’t the first time LVMH has partnered with a gaming company, having previously collaborated with Riot Games to create in-game looks for League of Legends characters. Epic Games, on the other hand, has partnered with Lego to build a safe and enjoyable digital experience for children in the metaverse. The partnership between LVMH and Epic Games is expected to bring about exciting changes to the fashion industry and customer experiences, making it an eagerly anticipated collaboration.
LVMH Moët Hennessy - Louis Vuitton, Société Européenne
Updated on: 05/12/2023
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LVMH Moet Hennessy Louis Vuitton (LVMUY) Stock Price and Growth Forecast for 2023
LVMH Moet Hennessy Louis Vuitton (LVMUY) had an opening price of $181.17 on June 14, 2023, and closed at $182.10, up 1.07%. The trading volume was 112,041, and the market capitalization was $441.9B. The company has consistent earnings and revenue growth, with a projected earnings growth of 13.72% over the next five years. LVMH Moet Hennessy Louis Vuitton operates in the consumer non-durables sector, specifically in the apparel/footwear industry, and has no competitors data available. The next reporting date is July 26, 2023, with an EPS forecast of $3.32.
LVMUY Earnings Report: Mark Your Calendars for July 26
LVMUY is set to report its earnings on July 26.