Luxury goods – do the Chinese access? (Symbol image, photo: Freepik, Flowo)
Paris-Champagne from Dom Pérignon, fashion by Givenchy, Hublot watches-LVMH products you have to be able to afford. You can earn well in the luxury segment unless the target group is holding back like in 2024. Today LVMH puts the Report for the 4th quarter and the overall year.
For the LVMH share Was a valley of tears in 2024. From March to November it went down, the all -time high of April 2023 (903.60 euros). At the end of 2024 the wind turned, LVMH noted over 743 euros (yesterday, 4 p.m.) and wrestles with Novo Nordisk around the top in Europe.
Dleed at luxury goods in China – market should recover in 2025
The Chinese business in particular pulled the numbers down in 2024. Weakening economy and falling purchasing power played a role, but also the politically prescribed ostracism and a wealth and a Change in consumer posture: away from brands, to self -development.
But in 2025 the forecasts for China look better: economic programs and low interest rates can boost consumption. According to the Luxury report The Chinese luxury goods market should recover from Bain & Company and Altagamma in the second half of the year at the latest.
Strong competitor – analyst: Luxury sector is recovering in 2025
The trend reversal has recorded the entire sector: After the European luxury shares made around 239 billion euros from March 2024, it is now going up again. The share of the LVMH competitor Richemont (Cartier, Piaget) made a jump up in January.
“After a challenging year 2024, we believe that the luxury sector in 2025 will benefit from a small recovery”, says Carole MadjoAnalyst at the British Finanzhaus Barclays PLC. LVMH is well positioned. The Bank of America has raised its purchase recommendation for LVMH.
US market: Good relationship with Trump-CEO the richest European
Another important market: the USA. The luxury industry there developed splendidly in 2024, LVMH produced in the USA and Makes 25 percent of sales there. It should not be detrimental to future businesses that CEO Bernard Arnault was in the inauguration of Donald Trump.
While the race of the most valuable corporations in Europe is tight, there is no doubt about the richest person in the old continent. Arnault, founder and majority owner of LVMH, is in worldwide ranking With $ 204 billion in 5th place-in the middle of US tech billionaires.
Profit and sales: forecasts of the analysts
The LVMH result per share should be around 13.54 euros in the 4th quarter of 2024, according to the mean estimate of an analyst according to finanzen.net. In sales, 7 experts expect around 23.34 billion euros on average. For the year as a whole, the estimate is around 84.02 billion euros.
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All information without guarantee for completeness, correctness and topicality. The text does not represent a trade recommendation or investment advice.