Investor's Champion
How to make your money go further

The hunt for luxury investments leads us to AIM

17/10/2019 · Compagnie Financiere Richemont SA (CFR)  · Hermes International SCA (RMS)  · LVMH Moet Hennessy Louis Vuitton (MC)  · Mulberry Group plc (MUL) 
AIM AIM Inheritance Tax potential Europe Luxury Goods Retail

Recent results from LVMH, the world’s largest purveyor of luxury goods, highlighted the enduring appeal of luxury brands. But with the share price touching all-time highs, is there better value elsewhere, even on AIM?

Paris listed LVMH Moet Hennessy Louis Vuitton (FR:MC) calls itself the world leader in luxury brands. It is hard to disagree with the hubris of this sector giant, which not only boasts a market capitalisation north of €190bn, but also owns a host of iconic brands including Louis Vuitton, Christian Dior and Givenchy..  LVMH was formed in 1987 following the merger of fashion house Louis Vuitton with drinks luminary Moët Hennessy. Under the leadership of chairman and chief executive Bernard Arnault, it is now home to 75 distinguished ‘houses’ in six different sectors encompassing a wide array of undeniably premium brands. Its 'other activities' division also…

Sign up and read the full article

Register to continue reading our content.

Get FREE access now

Already a member? Login