As part of the merger, LVMH intends to transform the gondola into private experience eating cabins and close the mountain to skiers and snowboarders all the time.

Source: https://www.aspendailynews.com/news/luxury-group-lvmh-purchases-skiing-company/article_a0e5c350-d02d-11ed-b40d-f38159a7410c.html

As you have seen in the last few paragraphs, LVMH is a high quality company that is unfortunately a bit expensive.

Source: https://seekingalpha.com/article/4592960-lvmh-stock-the-berkshire-of-luxury?source=feed_all_articles

At the time of writing, LVMH is trading for a P/E ratio of 30 as well as a price-free-cash-flow ratio of 33.1.

Source: https://seekingalpha.com/article/4576260-lvmh-still-overvalued?source=feed_all_articles

Before his appearance on stage, Musk also lunched with Bernard Arnault, the mogul at the head of LVMH, whose brands represent some of the biggest ad buyers (in social media and elsewhere) in the world.

Source: https://techcrunch.com/2023/06/16/musk-woos-ad-giants-in-paris-to-fix-twitters-woes/

Delphine’s promotion came less than a month after her younger brother Antoine was appointed chief executive of holding company Christian Dior SE, which controls LVMH, and vice-chairman of its board.

Source: https://www.theguardian.com/business/2023/jan/14/succession-struggle-rages-for-luxury-giant-lvmh-bernard-arnault

Dior is only one piece of a puzzle of how LVMH became the world’s biggest luxury-goods conglomerate, with 75 labels ranging from fashion and jewellery, to champagne, hotels and art foundations – and high-end dog food.

Source: https://www.theguardian.com/business/2023/jan/14/succession-struggle-rages-for-luxury-giant-lvmh-bernard-arnault

During the financial crisis, the development was similar: LVMH was able to increase revenue by 4.3% in 2008, but revenue declined a little in 2009 (0.8% decline).

Source: https://seekingalpha.com/article/4576260-lvmh-still-overvalued?source=feed_all_articles

Finally, UBS Group downgraded LVMH Moët Hennessy – Louis Vuitton, Société Européenne from a “buy” rating to a “neutral” rating in a research note on Tuesday, November 21st.

Source: https://www.etfdailynews.com/2023/12/03/lvmh-moet-hennessy-louis-vuitton-societe-europeenne-otcmktslvmuy-short-interest-down-19-0-in-november/

Furthermore, luxury goods company LVMH confirmed that Nelly Mensah is still its global head of Web3 and metaverse, a position she has held since January 2022.

Source: https://adage.com/article/digital-marketing-ad-tech-news/chief-metaverse-officer-american-eagle-gucciothers-rethink-web3-role/2495886

However, I believe I am not alone when I say that LVMH is one company that I have no issue premiumizing to some degree.

Source: https://seekingalpha.com/article/4639520-holy-heck-lvmh-is-getting-cheaper?source=feed_all_articles

I don't view Hermès' higher growth as a devastation for LVMH.

Source: https://seekingalpha.com/article/4650259-hermes-q3-earnings-show-peak-outperformance-over-lvmh-over?source=feed_all_articles

LVMH earlier this month announced plans to purchase French jewellery producers Orest and Abysse in order to bulk up production for Tiffany, adding five workshops in eastern France and 800 people employees to the company.

Source: https://www.channelnewsasia.com/business/lvmh-zeros-china-global-tiffany-co-overhaul-3450001?cid=cna_flip_070214

LVMH focuses on preserving craftsmanship and maintaining a high-quality supply chain, while also leveraging the advantage of scale.

Source: https://seekingalpha.com/article/4633314-lvmh-crafting-luxury-gold-standard?source=feed_all_articles

LVMH Moët Hennessy Louis Vuitton's head of image and environment Antoine Arnault speaking at the CDP Europe Awards.

Source: https://wwd.com/sustainability/business/cdp-hosts-sustainability-talks-gala-awards-louis-vuitton-foundation-1235532936/

LVMH Moët Hennessy Louis Vuitton, the world’s biggest luxury conglomerate, on Thursday confirmed rumors that it is in talks to become a partner of the organizing committee of the 2024 Olympics.

Source: https://wwd.com/fashion-news/fashion-features/french-fashion-federation-moves-paris-couture-week-dates-ahead-of-paris-2024-olympics-1235623836/

LVMH shares fell 5 percent in Paris — the most in over a year — amid a broader decline that erased about $US30 billion from the European luxury sector.

Source: https://greekreporter.com/2023/06/01/elon-musk-richest-person-world/

Novo Nordisk's stock price kept climbing in European trading on Tuesday morning after the Danish drugmaker dethroned French LVMH (Louis Vuitton Moet Hennessy) as the continent's most valuable company, based on its market capitalisation.

Source: https://www.euronews.com/2023/09/05/flagship-drug-makes-novo-nordisk-europes-most-valuable-company-dethroning-lvmh

On measurement and reporting, Alexandre Capelli, LVMH group environmental deputy director commented that they are taking action at both a corporate and product level.

Source: https://www.forbes.com/sites/amynguyen/2023/05/14/why-its-time-to-rethink-fashions-biodiversity-strategy/

Philo is best known for engineering a brand rejuvenation during a 10-year tenure at Celine, one of about 75 brands controlled by LVMH.

Source: https://wwd.com/fashion-news/designer-luxury/phoebe-philo-new-brand-launch-details-1235661882/

Presumably Bernard Arnault, owner of LVMH (which owns Louis Vuitton) and the second-richest man in the world, has the funds to cover expenses if the show sold as many handbags as anticipated.

Source: https://thenewdaily.com.au/entertainment/style/2023/07/01/fashion-back-seat-global-reach/