LVMH in Pivotal Point Check: Sign of Life in the Luxury Sector and Rising Analyst Ratings!
Reading Time: 3 minutes
Richemont increased its sales by 10% in the Christmas quarter to a new record value of 6.15 billion euros. Analysts are optimistic about LVMH - HSBC sees an upside potential up to 747 euros. The French industry leader is the number 1 comeback candidate in the luxury sector. On this Thursday, January 16, 2025, the luxury goods sector has shown a strong sign of life. Richemont increased its sales by 10% in the Christmas quarter to a new record value of 6.15 billion euros. Analysts had only expected 5.6 billion euros. The jewelry business...
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