LVMH (LVMH); US - LVMUY

[winston]

not vested

Luxury Stocks: LVMH Moët Hennessy Louis Vuitton (LVMH)

LVMH stock has been on a steady incline in the last couple of months as consumer sales pick up in the U.S. and China.

In the first quarter of 2021, the French company reported a 32% increase in growth at $16.9 billion.

Not only was this value higher than its 2020 revenue but also beat 2019’s reported revenue by 8%.

The general optimism towards stocks in the sector pushed LVMH stock up nearly 30% year-to-date.

As the economy jumps into recovery mode, LVMH is poised to be a strong post-pandemic play. This is because the luxury giant has a strong exposure in China which was among the first nations to be hit by the pandemic.

This also means that Asia was the first region to recover from the pandemic which was good news for LVMH’s sales.

Adding to the market trends that lay in the company’s favor is its strong portfolio of brands. LVHM’s recent acquisition with Tiffany’s and its other in-house brands like Christian Dior and Louis Vuitton have helped further the French retailer’s position in the luxury stocks market.

Source: Investor Place

[behappyalways]

How Sephora Revolutionized Makeup Consumption | WSJ
https://m.youtube.com/watch?v=Y9b5HBSpbqs

[behappyalways]

The Man Richer Than Jeff Bezos or Elon Musk: LVMH CEO Bernard Arnault | WSJ
https://m.youtube.com/watch?v=mgWmQ_6M_2o

[behappyalways]

The world is not crazy about "virtual business opportunities"? The epidemic unsealed and the "real economy" regained the dominance? The chairman of LV "combined virtual reality" became the richest man in the world. The driver's "sentence" changed the fashion circle!?

全球不瘋"虛擬商機"了? 疫情解封"實體經濟"重掌主導權? LV董事長"虛實結合"一躍成世界首富 司機的"一句話"改變了時尚圈!?｜20230504｜@inewsplus

https://m.youtube.com/watch?v=frtUncKb3Rs

[behappyalways]

How LVMH Became A $500 Billion Luxury Powerhouse
https://m.youtube.com/watch?v=NBmIFTyiGos

[behappyalways]

Did Europe's Luxury Bubble Just Burst
https://www.zerohedge.com/markets/did-e ... just-burst

[winston]

not vested

SALES at the world’s top luxury group LVMH rose by 17 per cent in the second quarter, with a sharp rebound in China helping to offset a decline in the US, where inflation and economic turbulence have dented demand for high-end goods.

The French company, which owns 75 brands including fashion labels Louis Vuitton and Dior as well as Hennessy cognac and US jeweller Tiffany, said on Tuesday that sales came to 21.2 billion euros (S$31.1 billion) for the three months to the end of June.

Source: Phillips

[behappyalways]

'It Ain't Gucci': LVMH Shares Tumble As Luxury Bubble Unravels
https://www.zerohedge.com/markets/it-ai ... e-unravels

[winston]

not vested

This Luxury Giant’s Stock Is Dirt-Cheap

by Tony Daltorio

The company’s brands include Louis Vuitton, Moet Hennessey, Christian Dior, Tiffany, Givenchy, Sephora, Bulgari, Tag Heuer, Princess Yachts, and many brands spread across these broad categories: fashion and leather goods, perfumes and cosmetics, watches and jewelry, wine and spirits, and selective retailing (including hotels).

Trade on about 16 times this year’s estimated earnings before interest and tax—less than half of Hermes International’s (HESAY) 34 times.

Source: Investors Alley

https://tradesoftheday.com/2024/02/01/t ... irt-cheap/