4 ms·
Europeans cannot afford it
by hcks 2y ago
Europeans cannot afford it
- zarzavat 2y agoLVMH seems to do OK in Europe, there is certainly a thriving luxury market. Vision Pro is just not compelling enough to live up to the price tag.
- lotsofpulp 2y ago73% of LVMH revenue is from outside of Europe: https://www.lvmh.com/investors/profile/financial-indicators/ https://www.lvmh.com/investors/profile/financial-indicators/
- zarzavat 2y ago10% of population but 27% of revenue, seems pretty fair to me - if you think that buying an outsized amount of luxury tat is a good thing!
- deleted 2y ago[deleted]