LVMH : Overall trend still positive, estimates increased slightly
>Fashion & leather continues its trajectory in Q2 and hard luxury shows a more visible improvement, no surprises overall - We do not see any major changes for the group in Q2, particularly in the fashion & leather division. Only spending by group customers in part of Asia (mainly in Japan) remains depressed, at this stage, affected by COVID restrictions, while China on the other hand continues to show strong growth, luxury goods spending is robust in the US and even i...LVMH Moet Hennessy Louis Vuitton is a manufacturer and retailer of luxury goods. Co. offers champagne and wines, cognac and spirits, fashion and leather goods, perfumes and cosmetics, watches and jewelery; and is engaged in selective retailing. Its operations are organized along five business segments: Wine and Spirits, Fashion and Leather Goods, Perfumes and Cosmetics, Watches and Jewelery, and Selective Retailing. Co. is also engaged in other activities (Media with Les Echos group, La Samaritaine and Luxury yacht with Royal Van Lent). Some of Co.'s brands are Moet & Chandon, Dom Perignon, Louis Vuitton, Fendi, Donna Karan, Parfums Christian Dior, Guerlain, Parfums Givenchy, and TAG Heuer.
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