Luxury giant LVMH sales, profit hit new highs

Who really said that the world in recession?

https://www.cnbc.com/2023/01/26/as-recession-fears-loom-heres-what-to-do-with-your-money-to-prepare.html

LVMH is headed by French billionaire Bernard Arnault, who overtook Tesla and Twitter boss Elon Musk as the world's richest man late last year.

Arnault works to make his and his wealthy clients wealth safe from taxes and shift the burden onto the working classes.

Late stage capitalism at its finest.

https://www.reuters.com/article/us-paradise-tax-arnault-idUKKBN1D81SO

Probably selling more online. Cross border became so easy these days with tools like Global-e. Well done

the king of useless materialism.

indigo - that is very correct ! We need to really think more carefully about why we buy such expensive items...