Alright, folks, let’s talk about the latest episode of "Succession: The Arnault Edition." Yes, you heard it right. Bernard Arnault, the man who practically owns your luxury dreams, has appointed his 29-year-old son, Frederic, as the head honcho of the family holding company controlling LVMH. Because, you know, when you're worth billions, what’s nepotism but a fancy French word?
Frederic, who is the fourth out of five of Arnault’s protégés, is s...

The truth about price increases
1. Declining consumption growth and intensifying class differentiation
Compared with the relatively sluggish overall consumption, China's luxury goods market has been rising against the trend. Predominantly driven by changes in the wealth structure.
"M-Type Society: The Crisis and Business Opportunities of the Disappearing Middle Class" When the wealthy end of the M-type society continues to expand, the middle class ...

The market seems to partially agree thay LVMH should be trading at a discount compared to other pure-play operational luxury companies like Hermès.
The market is worried that excessive expenses will eat up the group's profits and reduce its profitability. However, the regular disadvantages of a holdings company are non-existent in LVMH. The group is extremely profitable, and the synergies it has between all its operations are more than offsetting any "unnecessary costs...

LVMH is probably the best business in the world.
1.The brands are the embodiment of prestige and class.
2.The company's pricing power is almost unparalleled, as its customers are high-net-worth men and women
3.LVMH is one of the least sensitive companies to macroeconomics, thanks to Multi-business and multi-regional business ecology.
The profitability of each business of the company is unparalleled
Wines & Spirits at a glance:
Fashion & Leather Goods at a glance...

I call them multi baggers

why

LVMH, the world's largest luxury firm, saw a 4.5% rise in stock prices to €874.40 in early European trade on Thursday after reporting a surge in Q1 sales, particularly in China, where growth of 14% drove the increase. LVMH's shares are up almost 30% so far this year, with market capitalization reaching €438bn, over twice the level seen three years ago. The French company owns several luxury brands, including Louis Vuitton, Dior, Tiffany, and Hennessy cognac...