12-02-2022, 03:17 PM
With great price inelasticity characteristics, the luxury bags are not only a fabulous gift but also an ideal investment that would boost our investment returns. Just as with diamonds, the Hermes and Diors would form a great friendship bond with most women.
The luxury goods industry is likely to see a revival back to single-digit growth based on estimates by Bain and Company and Statista.
On the whole, the industry has been resilient to most market shocks through the past 5 years.
We have touched on 3 brands that are known to not have any price discount, it shows their positioning as the best of the breed- Hermes, LVMH and Dior.
Based on the valuation, we feel Dior is trading at a reasonable price and it is showing good growth momentum based on the latest FY figures. For Hermes and LVMH, we have to be patient and wait for the right price rather than making an impulse buy.
For the coming Valentine's Day, you could look into gifting a Dior share instead of the bag to your loved one. Hope it sits well with this gesture.
Here is the link to the Full Article:
https://thebigfatwhale.com/investing-in-...ag-brands/
The luxury goods industry is likely to see a revival back to single-digit growth based on estimates by Bain and Company and Statista.
On the whole, the industry has been resilient to most market shocks through the past 5 years.
We have touched on 3 brands that are known to not have any price discount, it shows their positioning as the best of the breed- Hermes, LVMH and Dior.
Based on the valuation, we feel Dior is trading at a reasonable price and it is showing good growth momentum based on the latest FY figures. For Hermes and LVMH, we have to be patient and wait for the right price rather than making an impulse buy.
For the coming Valentine's Day, you could look into gifting a Dior share instead of the bag to your loved one. Hope it sits well with this gesture.
Here is the link to the Full Article:
https://thebigfatwhale.com/investing-in-...ag-brands/