Two important facts through these changing economic times:Fact number one: The higher-end crowd is being profitable again. The economy has improved, Wall Street bonuses have returned in vogue. Luxury buyers are loosening their purse strings just as before.Fact number two: Trucking industry increasing disparity between low-income earners and high-income earners, not only for the united states, but throughout industrialized countries. Luxury retailers have inked a very good job targeting their brands to your higher-end market as well as the luxury-item buyers are really loyal towards the label of their preference.Today comes news that LVMH Moet Hennessy Louis Vuitton SA is for guys to hide world's third-largest jeweler, Bulgari, for as much as $5.2 billion. LVMH already owns these brands: "Louis Vuitton," "Hennessy," "Donna Karan," and "Glenmorangie" and 20% of Hermes International and others.My readers may believe these luxury brands stands out as the first in order to manage trying times generally if the economy sets out to contract again, but America is simply a small sell for these high-end luxury brands. Asia will be biggest market for these brands and therefore the rising upper-class in Asia just "eats up" the luxurious brands.
Milan-based luxury retailer Prada SpA announced this morning that hot weather could well be going public鈥aising $2.0 billion to the Hong Kong Stock trading game (HKSE). Hence, here they have told Italian iconic brand deciding to list at the HKSE instead of a European stock trading game. Why? Because Hong Kong is closer to Prada's fastest growing sales region, Asia.LVMH Moet Hennessy Lv SA stock was trading around the same in principle as only $40.00 U.S. a share in January of 2010. Just 15 months later, it trades at $111.00 U.S. a share. With the rate this company is expanding, it may own the luxurious brand market soon. Track this stock.Michael's Personal Notes:I rant much about owning the precious metals stocks, my colleagues feel that readers will be opting-out of PROFIT CONFIDENTIAL as they simply will finally get frustrated by being beaten on the head by my screams to get into the dear metals. I disagree. The valuable metal bull companies are only in Phase II. Just about the most spectacular profits still lie ahead and my readers' biggest gains in the gold coins play have not yet come.This morning, silver hit a different 31-year high, up three percent alone today. Yesterday morning marked your fifth consecutive week that gold bullion prices rose. The precious metals are rising as I predicted; gold and silver coins stocks are the winners of year a long way."Oil, Gold Climb on Libya Fighting; Greek Debt Risk Increases," flashed the headline on Bloomberg today. I wouldn't buy it so i really don't want鈥?br />Read more: http://www.profitconfidential.com/#ixzz1FvE6PDkk
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