Stock Watch - Louis Vuitton Moet Hennessy LVMH

8-17-17
One way to get investment ideas is to see where the money flows to from consumers. Being married, I started watching my wife's favorite brands that a single man wouldn't notice.

One of her favorite stores is Sephora. While at a Sephora location in a huge high end Texas mall, I noticed the amount of women that packed the store. So I decided to do a little digging.

Sephora is part of a larger company based in France - the LVMH group. My jaw dropped when I saw the businesses owned by LVMH. The stock ticker symbol derives from three of it's business lines: Louis Vuitton, Moet and Hennessy. Recognize those brands? Pretty high end.

It goes deeper. LVMH owns over 70 business. Or Houses as they like to call them. The Houses are divided up into six business sectors: Wine & Spirits, Fashion & Leather Goods, Perfumes & Cosmetics, Watches & Jewelry, Selective Retail and Other Activities.

This is just the surface. I'll post all my LVMH rantings, research, commentary and ultimately if I think it is worth ownership.