Europe’s Dual Economic Future: Craftsmanship and Advanced Technology
It is no secret that Europe’s economy is suffering… …or that it has lost its competitiveness: In this context, we see some painful realities: China becomes the exporter no. 1 cars , solar panels, batteries, drones, IT&C services, thus producing a number of global players: BYD, SAIC, Xiaomi, Shein, TikTok (Bytedance), Temu, etc. European companies […]
LVMH’s valuation
Photo: Leah Grace Capitan / Seeking Alpha Congrats to $LVMH for reaching a EUR +500 bn valuation. Here are my thoughts on their business model: 1/ Rarity will continue to outperform abundance. That is the power of artisanship. 2/ The group has a balanced ‘egg basket’, that can perform in any business environment: Fashion/Leather Goods, […]