We believe that a portfolio of strong leading brands in several luxury niches grants LVMH Moet Hennessy Louis Vuitton a wide moat and should allow it to generate economic profits well into the future.
In fact, global sales of hybrids increased their market share by more than two percentage points in the first half of 2024 on the back of a 7% rise in 2023, with further growth expected. As a result, ...