Is Louis Vuitton losing its value?
“Demand for higher-priced luxury brands at resale is down, which is pushing prices for brands like Chanel, Gucci and Louis Vuitton down.” At the same time, she said, demand for previously owned lower-priced luxury brands — such as Miu Miu and Bottega Veneta — is up.
Are Louis Vuitton sales down?
While sales at most of LVMH's business segments increased, the results indicate that consumer demand for luxury goods is slowing. Organic sales growth for the quarter was 9% compared with the year-ago quarter, down from 17% in the first and second quarters.
Is LV still popular?
Decades later, Louis Vuitton remains one of the most popular luxury brands with its timeless designs that pay homage to their history in luggage whilst simultaneously setting new trends and creating fashion statements.
Why is LVMH stock falling?
Rising inflation, growing global instability and falling demand for high-end drinks have been blamed for a slowdown in growth at the luxury goods multinational LVMH, owner of Christian Dior, Louis Vuitton and Moët & Chandon.
Why LV is so overpriced?
Is LV still popular?
Is LV a good investment?
Does LV hold value?
Is Louis Vuitton not luxury?