No Lull for Luxury

Plenty of talk out of Davos about “Slowbalisation”, markets are volatile, China is slowing, Nationalism is running wild, uncertainty it seems is at an all-time high. 

But not for LVMH Chairman Bernard Arnault…

He sees things very differently; rising demand from Asia with a discerning Chinese consumer. The Chinese are spending a lot at home, not just when they are travelling overseas. 

The secret is a strong LVMH China team on the ground who have adapted to the rapidly changing market. The speed at which the Luxury market is evolving is phenomenal.

Low-Interest rates, the availability of cash, undervalued stocks and pull pack in asset values show that LVMH will have a good 2019 but there may be a blip in the near future in 2021/2.

LVMH is looking at further acquisitions in Hotels such as the BELMONT GROUP LIMITED The company is sector and industry agnostic and always remain open to new opportunities.  

#LVMH

#Luxury

#Dior

#moethennessy

#China

#Slowbalistion

#nationalism

#Asia

LVMH LVMH Perfumes & Cosmetics LVMH Fragrance Brands Moët Hennessy

Australia China Business Council

Australia-China Relations Institute, University of Technology Sydney

Australia-China Young Professionals Initiative (ACYPI)

Haymarket HQ

https://www.bloomberg.com/news/videos/2019-01-29/lvmh-s-arnault-sees-rising-demand-in-china-says-u-s-market-is-very-good-video

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