ENXTPA:MCLuxury
LVMH Expands European Flagships As Beauty Leadership Shifts Test Resilience
LVMH Moët Hennessy - Louis Vuitton Société Européenne is expanding its physical retail footprint across Europe with new and enlarged flagship stores.
The group is committing to premium, immersive retail locations at a time of cautious luxury demand and higher rental costs.
LVMH is competing with major rivals for prime high street and shopping district sites in key European cities.
For investors following ENXTPA:MC, this renewed focus on physical retail comes as the share price stands at...