1Settimana·

Luxury topped up

I'm convinced in the long term - you don't rebuild brands in a few years and luxury will always work in my view. How do you see it?

01.07
LVMH logo
Acquistato x11 a 449,60 €
4945,60 €
26
21 Commenti

immagine del profilo
Lvmh is not luxury
14
1Settimana
@ClaraLvt I think if a standard bag, for example from the core brand Louis Vuitton, costs at least 2k then that sounds like luxury.
6
immagine del profilo
@M96_ look at the people queuing at Louis Vuitton stores, they are not the same who buys Hermes for example. The same goes for Rolex vs Pathek. Ones overproduced to please the middle class and the other one for the rich who’ll buy your product no matter the state of the economy
1
immagine del profilo
@ClaraLvt do you really think LVMH is just Louis Vuitton?
immagine del profilo
Thats like saying Porsche is not Luxury because its not Bugatti or Rolex isnt luxury because patek is more expensive.
Of course you will see different types of people driving a Boxster than a Bugatti Veyron, the pricing is still luxury with high margins
8
immagine del profilo
@ClaraLvt it is luxury... look what brands they have theyre mainly all luxury if you say lv alone isnt luxury okay because its hype brand but the others for sure and i would say lv too
immagine del profilo
1Settimana
@ClaraLvt You are confusing "luxury" and "rich".

Most of the luxury brands are not targetting rich people but people that want to *look* rich.

Most of the rich people (old money) could not care less about the brands of LVMH. That's why those brands are struggling when the middle class is struggling.
10
immagine del profilo
1Settimana
@ClaraLvt I see the brands under LVMH as the poor people's perception of wealth
6
immagine del profilo
@ClaraLvt THANK YOU
1
immagine del profilo
@nassimcanim it is not. Its high class consum but the high class is fcked rn thats why they are fcked and hermes is not 🤓
1
immagine del profilo
I agree that $MC is not a luxury. They have incorporated too many non-luxury brands.
If luxury, then it's the right thing. For me there are only 2.
$RMS and $RACE
4
immagine del profilo
@Multibagger LVMH is the definition of exclusive products, high quality, prestige and lifestyle. Of course this is luxury!
immagine del profilo
@Thesaurus I make a distinction between luxury and lifestyle. $MC is lifestyle for me. They have 2-3 luxury brands, but the rest is just lifestyle for people who like to show more appearance than reality
@Thesaurus For me, Louis Vuitton print bags are the epitome of wannabe prestige. Quite apart from the fact that most of the bags you see on the street are probably fake ;)
2
immagine del profilo
@Multibagger $BC is also luxury
immagine del profilo
1Settimana
LVMH has lost its way in China. What's more, their focus on the middle class will backfire in the coming recession.
2
immagine del profilo
rather $BC
better performance
1
1Settimana
@Memo0606 But not cheap either when I look at the P/E ratio
1
Now that's what I call a tranche 😂👍
1
immagine del profilo
Only Talahons still carry LV (albeit fake).
1
immagine del profilo
1Settimana
LVMH is not luxury, premium is but not luxury, luxury is Hermes, Ferrari, etc...
Partecipa alla conversazione