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LVMH Making a Killing, as Demand for Luxury Goods Shooting Up Again

LVMH Making a Killing, as Demand for Goods Luxury Shooting Up Again

In western Washington, I grew up on a 24-acre vegetable farm. It took a lot of effort on my part and my family’s part. But, because farming is a low-paying job, that hard work never converted into material wealth. Our family rarely had the money for niceties, especially LVMH goods, no matter how hard my…

Luxury Stocks Soar with Chinese Resurgence

Luxury Stocks From Europe Now Getting Expensive?

Chinese Resurgence A comeback in Chinese spending may lead to additional gains for Europe’s glitzy luxury stocks, the region’s top stock market performers in 2023, but for others, the sector is beginning to appear costly. Richemont, a Swiss jewelry manufacturer, and French luxury powerhouse LVMH, which owns Louis Vuitton, have benefited from their wealthy clients’…