INSIDE JUNE
With the recent publicity about the “Occupy Movement” and their highlighting the income disparity between the 99% and the 1%, I thought investors might be interested in learning a companies doing very well selling to the 1%.
The company is LVMH Moet Hennessy Louis Vuitton. Although based in Paris their shares trade on the pink sheets in the US under the symbol LVMUY.PK. They are the world’s largest luxury goods company and have 60 world class brands. Their business segments and leading brands are:
Segment
Brands
Wine & spirits
Hennessy, Moet & Chandon, Dom Perignon
Leather goods and accessories