Make your money go further for just 25p per day


LVMH: weighing the cost of coronavirus

A queue of people outside a Louis Vuitton store in China

Recent easing of geopolitical tensions in a crucial region for LVMH and its luxury goods peers has now been overshadowed by the threat of the coronavirus. Here we assess the potential impact on the luxury goods giant.

The costs of the US/China trade war and Hong Kong tensions of 2019 have been counted at luxury goods giant LVMH Moet Hennessey Louis Vuitton (EPA: MC). Revenue growth in Asia slowed across three of the group’s four major divisions compared to 2018, most notably the large fashion and leather goods business, as violence in Hong Kong deterred high-end shoppers. Final quarter sales growth in Asia was 11%, compared to 16% for the first three…

Continue reading our content…

Gain access to all our excellent content for just £90 per year, that’s just 25p per day for financial freedom.
  • Unlimited access to our market-beating portfolios
  • In-depth coverage of many of the world’s great companies
  • Unique insights from our top research team
Register FREE for access to limited content.
  • Company and markets insights
  • Sponsored content
  • Podcasts

Previous article Next article

Have your say

Log in or register to view or add comments.

For access to the top news and insights from the investment world


Fundamental Asset Management
Buy any of our portfolios with our associates.


More on LVMH Moet Hennessy Louis Vuitton SE

Bonkers Bargains: Mulberry

22/07/2020 · Company Insights

Having experienced a dramatic rise and fall over the past decade, Mulberry faces an uncertain future…

Ultimate Stocks: The woes of not being ‘essential’

23/04/2020 · Portfolio

If coronavirus has been beneficial for one thing, it is the state of my bank account.…

More Portfolio

Income Boosters: Dishing out delayed dividends

Coronavirus crash victims: is the only way up?

06/08/2020 · Walt Disney · WH Smith

Income Boosters: Moneysupermarket stays calm in tough market

03/08/2020 · · Vodafone