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.
The French conglomerate's warning comes as an ongoing slowdown in China's economy - partly as a result of the debt crisis in the country's real estate sector - has driven a drop in luxury spending by ...
It reveals that China’s older adults are rapidly becoming a key force in the online consumer market, exhibiting greater spending power and a growing appetite for a wide range of modern products and ...