LVMH, Hermes Climb to Record Highs as Luxury Lifts Europe Again
This article from Bloomberg may be of interest to subscribers. Here isa section:
LVMH shares rise to a record high, contributing most to gains in the French and European indexes on Friday as analysts upgrade their estimates for the French luxury behemoth. Peer Hermes International also hits an all-time peak.
News that foot traffic is ramping up in Macau is clearly positive news for the luxury goods sector as Chinese consumers hit the shops after a lengthy hiatus.Click HERE to subscribe to Fuller Treacy Money Back to top