Hi, thanks for your comment. LVMH's fashion and leather goods make up 74% of operating profits. Where did you find Louis Vuitton and Dior specifically make up 71% of profits?
Either way, it is true that the group relies quite heavily on one segment, which includes Louis Vuitton and Dior, but I think it's not a big risk. These are the group's flagship brands: they're established, iconic brands and I'm confident that management--specifically Bernard Arnault--knows how to nurture these brands.
It was estimated by HSBC in a FT article
Aha, thank you. It doesn't change my view on the company though. 🙌
What do you think of the group's reliance on Louis Vuitton and Dior which make up 71% of profits?
Hi, thanks for your comment. LVMH's fashion and leather goods make up 74% of operating profits. Where did you find Louis Vuitton and Dior specifically make up 71% of profits?
Either way, it is true that the group relies quite heavily on one segment, which includes Louis Vuitton and Dior, but I think it's not a big risk. These are the group's flagship brands: they're established, iconic brands and I'm confident that management--specifically Bernard Arnault--knows how to nurture these brands.