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
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Photo by Andrea Piacquadio: https://www.pexels.com/photo/woman-wearing-maroon-velvet-plunge-neck-long-sleeved-dress-while-carrying-several-paper-bags-photography-972995/