LVMH in the Pivotal Point Check: Fresh Wind From China And a Positive Analyst Study by RBC boost The Shares of The Luxury Goods Group!

The boom in demand from the period shortly after the coronavirus pandemic is over - the luxury goods business has returned to normal. In the first half of 2024, sales fell by 1% to 41.7 billion euros. In the longer term, however, LVMH will benefit from rising global incomes, which will lead to growing demand for luxury goods. Hopes of an upturn in demand in China following the economic stimulus there also boosted LVMH shares on September 26, 2024. In 2023, strong demand for fashion, jewelry and perfume had given the luxury goods manufacturer...