Luxury Brand Stock: Louis Vuitton and Kering
The luxury market is a fascinating industry that caters to the affluent segment of society. In fact, it is estimated that only two percent of the world’s richest individuals account for 40 percent of all luxury goods purchases. With such staggering figures, it’s no wonder that luxury brands are highly sought after. Luxury goods are often characterized by strong brands, high-profit margins, and timeless products. From an
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