Signaling vibrancy in the travel space – and emerging niches – the LVMH Luxury Ventures Fund has taken a minority stake in Db, a Norwegian maker of premium luggage and travel bags with an ...
Hermès’s market cap is currently €228 billion, while LVMH’s is €331 billion. But analysts expect the Birkin bag maker to leapfrog Bernard Arnault’s luxury conglomerate by 2027.
Furthermore, […] High-end fashion brand LVMH's stock (MC.PA) received an upgrade to Buy from Neutral by BofA Securities, while adding the company to its Europe 1 list of top ideas. Julie Hyman ...