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👜 Luxury Stocks After the Selloff: Is LVMH Finally Cheap? Hermès, Kering & the Bottoming Signals 📉
The luxury supercycle has ended—but the selloff isn't treating every luxury house equally. LVMH has fallen to a much more interesting valuation, Hermès still commands extraordinary margins, Kering is trying to revive Gucci, and Richemont's jewelry maisons are surging. Is LVMH finally cheap—or does organic growth need to recover first?
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