Shares of luxury goods company LVMH have tumbled as the luxury bubble appears to be unraveling. This comes as high street retailers gain more attention and Europe's newest prodigal son emerges. LVMH may have to settle for a more humdrum future, according to Breakingviews. The company's shares have been affected by this shift in consumer preferences.
Luxury falls out of fashion as high street retailers take center stage. Plus, Europe's newest prodigal son. Get the Readout newsletter https://t.co/kWtcluCzj8
Luxury falls out of fashion as high street retailers take center stage. Plus, Europe's newest prodigal son. Get the Readout newsletter https://t.co/EdF22vkycO
Luxury falls out of fashion as high street retailers take center stage. Plus, Europe's newest prodigal son. Get the Readout newsletter https://t.co/EKP3v49AD4
Breakingviews - LVMH may have to settle for a more humdrum future https://t.co/pvpBx4RsG7
'It Ain't Gucci': LVMH Shares Tumble As Luxury Bubble Unravels https://t.co/RS05dXEZgT
'It Ain't Gucci': LVMH Shares Tumble As Luxury Bubble Unravels https://t.co/LcvrZAnNmz
Breakingviews - LVMH may have to settle for a more humdrum future https://t.co/JpNywqBJs3
From Breakingviews - LVMH may have to settle for a more humdrum future https://t.co/GvWz5OXAot