Why is LVMH called recession proof? How has it grown to become a $500 billion powerhouse
LVMH (LVMHF) continues to post high sales and revenues while other companies have seen stock falls, low sales and even bankruptcies. Moët Hennessy Louis Vuitton (LVMH) is now a $500 billion powerhouse. The luxury goods giant saw a revenue of about $86.3 billion in 2022 and has also expanded its stores, its locations as … Continue reading Why is LVMH called recession proof? How has it grown to become a $500 billion powerhouse
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