Luxury comes at a price - LVMH is the largest European company and 15th in the world
Last week, the main index of the Paris Stock Exchange, the CAC40, hit an all-time high. It is the second of the world's major indices to set a record high, the first being the British FTSE100. The driving force [...]
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January 31 2023
The luxury industry is holding strong despite the specter of recession
Inflation and falling incomes of consumers cause them to limit their spending. However, this does not affect the luxury goods industry, which records record results. Last year, Louis Vuitton's revenue for the first time [...]
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