Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Euronext Paris  >  LVMH Mot Hennessy Vuitton SE    MC   FR0000121014

LVMH MOT HENNESSY VUITTON SE

(MC)
  Report  
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsPress ReleasesOfficial PublicationsSector newsMarketScreener StrategiesAnalyst Recommendations

LVMH Mot Hennessy Vuitton : Video game 'Legends' do battle for $1 million

share with twitter share with LinkedIn share with facebook
share via e-mail
0
11/08/2019 | 02:26pm EST
League of Legends World Championship Finals in Paris

Two teams of young video gamers from Europe and China will do virtual battle on Sunday - and there's more than $1 million (£783,085.36) at stake.

By Mathieu Rosemain and Noémie Olive

The teams will fight it out in blockbuster online game "League of Legends", in a contest drawing millions of viewers and a growing crowd of sponsors.

The game, developed 10 years ago by Los Angeles-based Riot Games, sees teams of players face off in a virtual battle arena with one main goal: destroying their opponents' "Nexus" base.

The finals of the 10th edition of the game's world championship tournament, dubbed "LoL Worlds" and hosted at the AccorHotels Arena in Paris, will see Europe's G2 Esports go up against China's FunPlus Phoenix (FPX).

Riot Games is surfing on the growing success of esports - video game competitions - and of its LoL Worlds championship, broadcast on video live-streaming service Twitch.

It says last year's championship attracted close to 100 million viewers, putting it in the same ball park as the Super Bowl, the biggest American TV event. Sponsors include French luxury brand LVMH's Louis Vuitton, U.S. payment giant MasterCard and Chinese electronics company Oppo.

Global esports revenues will hit $1.1 billion in 2019, up 27% from last year, with ballooning income from advertising, sponsorship and media rights, according to gaming industry analytics firm Newzoo.

League of Legends, Dota 2, Fortnite and Counter-Strike: Global Offensive are some of the most popular esports.

The European and Chinese teams in Sunday's finals are composed of five players each, all male and aged between 19 and 24.

LoL Worlds offer a prize pool this year of about $6.5 million, making it the third-biggest after Dota 2's The International and the Fortnite World Cup.

The winning team will receive almost $835,000, while the runners-up get more than $300,000.

The European gamers are seeking to end Asia's supremacy; South Korea has won five of the six previous championships, with a Chinese team winning last year.

But the organisers say the top Asian players are increasingly being challenged.

"What's amazing about that is that the Chinese and the Korean leagues have typically dominated this kind of competitions," said John Needham, Global Head of LoL Esports at Riot Games, told Reuters.

"We have a lot more competitive parity," he added.

Danish player Rasmus Winther, who is in the European team and nicknamed Caps by fans, echoed that sentiment at a news conference the Eiffel Tower on Tuesday.

"When we joined the LCS (League of Legends Championship Series), the West didn't really have a good shot at doing anything internationally," the 19-year-old said. "Now ... we want to be champions and create a legacy for ourselves."

(This story removes extraneous words in 9th paragraph)

(Reporting by Mathieu Rosemain and Noémie Olive; Editing by Pravin Char)

By Mathieu Rosemain and Noémie Olive

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on LVMH MOT HENNESSY VUITTON
11/12L'Oreal, Nestle score big at Alibaba's Singles' Day shopping fest
RE
11/12L'Oreal, Nestle score big at Alibaba's Singles' Day shopping fest
RE
11/08Consumer Flat After Mixed Sentiment Data -- Consumer Roundup
DJ
11/08LVMH MOËT HENNESSY VUITTON : Video game 'Legends' do battle for $1 million
RE
11/08LVMH MOËT HENNESSY VUITTON : November 8, 2019 LVMH becomes a major partner to Ch..
PU
11/08LVMH MOËT HENNESSY VUITTON : November 8, 2019 See you on November 14th to discov..
PU
11/08LVMH MOËT HENNESSY VUITTON : November 8, 2019 With a pavilion of over 500 square..
PU
11/08NEWS HIGHLIGHTS : Top Company News of the Day
DJ
11/08Richemont's 1st Half Disappoints -- Earnings Review
DJ
11/08Richemont Shares Slip Amid Signs Jewelry Division May Be Losing Its Shine
DJ
More news
Financials (EUR)
Sales 2019 53 723 M
EBIT 2019 11 509 M
Net income 2019 7 335 M
Debt 2019 5 339 M
Yield 2019 1,73%
P/E ratio 2019 27,5x
P/E ratio 2020 24,7x
EV / Sales2019 3,84x
EV / Sales2020 3,51x
Capitalization 201 B
Chart LVMH MOT HENNESSY VUITTON SE
Duration : Period :
LVMH Mot Hennessy Vuitton SE Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends LVMH MOT HENNESSY VUITTON
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 27
Average target price 402,12  €
Last Close Price 399,55  €
Spread / Highest target 17,6%
Spread / Average Target 0,64%
Spread / Lowest Target -34,4%
EPS Revisions
Managers
NameTitle
Bernard Arnault Chairman & Chief Executive Officer
Antonio Federico Belloni Group Managing Director & Director
Jean-Jacques Guiony Chief Financial Officer
Delphine Arnault-Gancia Director
Antoine Arnault Director
Sector and Competitors
1st jan.Capitalization (M$)
LVMH MOËT HENNESSY VUITTON SE56.24%222 676
VF CORPORATION18.76%34 390
LULULEMON ATHLETICA INC.70.88%26 152
MONCLER S.P.A.27.76%9 889
UNDER ARMOUR-2.15%7 820
RALPH LAUREN CORPORATION7.64%7 790