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HomeBreaking NewsA Giant Among Giants and why Louis Vuitton is The King of...

A Giant Among Giants and why Louis Vuitton is The King of the Luxury Industry

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LVMH Moet Hennessy Louis Vuitton SE the world’s leading luxury products group owns 75 prestigious brands. Revenue was 53.7 billion euros for  2019. LVMH luxury brands appear in over 4,910  retail stores  worldwide.

Investing in LVMH will bring many of the most powerful brands in the world into your portfolio. They are synonymous with luxury and excellent craftmanship. Some of the prestige clothing and accessories brands are Louis Vuitton, Christian Dior, Celine, Fendi and Givenchy to name a few.

While TAG Heuer and Hublot had a reduction in orders in the first quarter of 2020, the introduction of TAG Heuer’s new smart watch was a success for LVMH’s watch and jewelry division.

The closure of stores due to COVID-19. LVMH saw an uptick in online sales for its luxury goods. Particularly, sales rose online for Louis Vuitton and Christian Dior. Notably, in cosmetics due to store   closures, sales were down as well as decreased inventory being ordered but online sales were strong.

LVMH owns a powerhouse of brands and retailers. One notably is Sephora with a strong presence in the USA and Internationally in 35 countries with  their brands  in over 2,600 stores. Included in the list the cosmetic, clothing and accessories line Fenty, developed by superstar Robyn “Rihanna” Fenty. CEO and Artistic Director — Rihanna Robyn Fenty manages the iconic brand selling cosmetics, clothing, and accessories.  In addition, LVMH owns selective retailers such as DFS, La Grande Epicerie, Le Bon Marché, and Starboard Cruise Services.

Recognizably, Louis Vuitton is one of the finest leather goods, accessories, and clothing brands in the world. It is a symbol of prestige that has carried out beautiful  creative innovations with style and luxury throughout the world.

The Wine and Spirits Group owns the most prestigious liquors such as Hennessy, Château d’Yquem, Moët & Chandon, Krug, and Veuve Clicquot. Should you desire the finest champagne, Dom Pérignon is part of the group.

On 7th March 2011, LVMH announced the acquisition of the 50.4% family-owned shares of the Italian jeweler Bulgari and to make a tender offer for the rest, which was publicly owned. The transaction was approximately   $5.2 billion.

LVMH paid a dividend for financial year 2019 of 4.80 Euros per share.

Share price ranges  this year $280.50 – $438.35

Market Cap is €200.85B

“LVMH Moët Hennessy Louis Vuitton, the world’s leading high-quality products group, recorded revenue of 10.6 billion Euros for the first quarter of 2020, down 15% compared to the same period in 2019 and down 17% on an organic* basis. LVMH has proven its ability to be resilient in an economic environment disrupted by a serious health crisis that has led to the closure of stores and manufacturing sites in most countries in recent weeks, as well as the suspension of international travel.” Source: Louis Vuitton

Bernard Arnault is Chairman and CEO of LVMH Moët Hennessy — Louis Vuitton, the world’s leading luxury products group. In 1989, Mr. Arnault became the majority shareholder of LVMH Moët Hennessy — Louis Vuitton, creating the world’s leading luxury products group. Mr. Arnault has been Chairman and CEO of the company since that date.Mr. Arnault is also President of the Board of Directors of Groupe Arnault S.E. (his family holding company). Source Louis Vuitton

Visit our stock information page to for free financial information including: Download Annual Balance Sheet, Cash Flow Statement, Annual Income Statement, and  Company Financial Ratios. Click Here: LVMH Moet Hennessy

LVMH Moet Hennessy         CWEB Analysts view the stock as a long term growth and a great addition to your investment portfolio with an upward momentum of $180 by 2021    

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