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LVMH Moët Hennessy - Louis Vuitton, Société Européenne (LVMUY)
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As of 02:49PM EST. Market open.
73 reactions on $LVMUY conversation
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R.I.P Virgil 😢
Bags are flying out of the stores in Chicago and San Francisco!
I own a lot of NKE stock. It is flying because they have aggressively pushed direct sales across the internet.
As a result they cut out the middle man which was taking 50% of their margin and internalized them. Expect this to happen here also, longer term.
In June 2017, global luxury goods company LVMH launched its own multibrand eCommerce portal, 24 Sèvres, named after its Paris address (24 rue de Sèvres) and inspired by its Parisian luxury department store Le Bon Marché.
Featuring not only LVMH’s own portfolio of brands (including Louis Vuitton and Christian Dior) the eCommerce site also curates luxury fashion, accessories and beauty products outside of the Group.
When Mr. Buffet sells--we'll sell
Hi! Do you know hoy many stores have the LVMH group actually. And how much does the e-commerce represent of their total revenue for the last quarter?
Something very dodgy going on with this stock.. No news yet it's tanking!
Google indicates that lvmh owns the Sephora brand. Is that correct? Thank you.
Why today drop so much? I didn't see any bad news today.
LVMH was very good to me :) and it is not only about bags ... it has the best of the best in terms of luxury items including wines, Sephora, rimowa ... rich people will always buy the best ...
LV just increased prices of their items few days ago???
Sell your LV bag and buy LV stock!
I treat Louis Vuitton as a savings account. Its brands are each the one and only and highly desirable. The higher the prices the more desirable their products are. Inflation hedged by default
Cubs99, it is getting to the point where it is starting to be border line expensive in my opinion, had I gotten out of TPR off of a good earnings report I had intended to dump my TPR position and buy into LVMUY, unfortunately they did not have great numbers so they tanked so I held TPR because they will recover strong in the next quarter, but didn't have free assets to buy LVMH, great company, but a little high here, though could easily climb to 75, but the downside risk of continued trade concerns, make this less of a great buy at current levels.
ALWAYS FOLLOW THE LONG TERM MONEY FROM INVESTORS
NOT SHORT-TERM CHANGE FROM THE TRADERS.
THANK YOU LVMUY
After this health crisis, people spending for luxury and life priority might change.
investing now @503
what's the news? The stock has dropped like 12% in two days. I didn't see news moving the stock on yahoo Finance.
Catherine Wood worm
One year on in lock down, working from home, still people managed to shop for bags?
Anyone is holding any bags In here?
Pro Portfolio Manager
Excellent ER! Incredible…
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