Where There's a Kardashian, There's Gonna Be Luxury

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Where There's a Kardashian, There's Gonna Be Luxury

As long as there are Kardashians and Kardashian wannabes, there will be room for luxury. And when we say luxury, we mean none less than retail, wine and hotelier giant LVMH, or LVMH Moet Hennessy Louis Vuitton SE (PA:LVMH). LVMH is poised to close its admittedly messy deal with Tiffany, which will only elevate it to an ever greater status as the world's quintessential company catering to the wealthiest among us, as well as those who aspired to be so. But LVMH was not immune to the retail sector's struggle this year amid pandemic-related shutdowns that changed consumer behavior. Investing.com's Christiana Sciaudone argues the favorable case to invest in LVMH, while Liz Moyer explains there is reason to be cautious.

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