No Lull for Luxury

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

Why Are China’s Richest Are Flocking To Australia?

Why are China’s richest are flocking to Australia? Here’s a secret, it’s not for the Kangaroos and Koalas. The ultra-wealthy are leaving a trail of dollars across Australia boosting sectors from property and education to luxury goods. But not everyone is happy about it. Just last month Beijing’s Ministry of Commerce accused Canberra of interfering with “normal business activities” after it banned Chinese tech giant Huawei Technologies involvement in Australia’s 5G network due to unspecified National security concerns…

LinkedIn: Why are China’s richest are flocking to Australia?