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Essay

LVMH

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Issue:

Business

 

Written by:

David R

 

Date added:

November 12, 2012

 

Level:

University

 

Grade:

A

 

No of pages / words:

3 / 583

 

Was viewed:

3720 times

 

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Essay content:

Given the tentative recovery of tourism in Europe as well as continued strong progress in Asia and the US, this prediction could well be on target. Furthermore, the continued resilience of LVMH's brands means it is well positioned to benefit from any upturn in European tourism spending. Nonetheless, LVMH should beware of banking too much on any one market...
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Furthermore, the continued resilience of LVMH's brands means it is well positioned to benefit from any upturn in European tourism spending. Nonetheless, LVMH should beware of banking too much on any one market. Any downturn in US or Chinese consumer spending over the next two years would hit luxury goods manufacturers hard, demonstrating the need to maintain a wide geographical spread...
displayed 300 characters

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