ENXTPA:MCLuxury
LVMH Weighs India Luxury Demand Versus Retail Space Constraints
LVMH Moët Hennessy - Louis Vuitton Société Européenne (ENXTPA:MC) is contending with strong luxury demand in India alongside a shortage of prime retail space.
High quality luxury malls are in short supply, and new projects are planned but not yet available for brands to occupy.
The situation is creating both near term constraints and longer term opportunities for LVMH and other global luxury groups targeting India.
For LVMH, which spans fashion, leather goods, spirits, beauty and watches,...