LVMH's (OTC: LVMHF) pandemic performance demonstrates why decisive action in times of uncertainty may be better than waiting it out and playing it safe. The pandemic would initially seem like a period of stagnation for luxury goods, since there isn't much opportunity to wear them. This year, the 200th anniversary of the birth of Louis Vuitton, LVMH has recorded 46% revenue growth in the first three quarters after a record first half that saw organic growth of 81% in its largest business group, Fashion & Leather Goods.
Tradesy CEO and Founder Tracy DiNunzio joins Yahoo Finance Live to talk about the online marketplace's evaluation of secondhand goods and consumers' holiday shopping habits.
Heineken USA CEO Maggie Timoney joins 'Influencers with Andy Serwer' to discuss the pandemic and its impact on the beer business.