Two important facts in these changing economic times:Fact top rated: The higher-end crowd is getting cash again. The economy has improved, Wall Street bonuses get home fashionable. Luxury buyers are loosening their purse strings repeatedly.Fact number 2: There's an increasing disparity between low-income earners and high-income earners, not only in the us, but throughout industrialized countries. Luxury retailers did a good job targeting their brands in the higher-end market plus the luxury-item buyers are very loyal within the model of their preference.This morning comes news that LVMH Moet Hennessy Lv SA is buying the world's third-largest jeweler, Bulgari, for $5.2 billion. LVMH already owns these brands: "Louis Vuitton," "Hennessy,
mac brushes," "Donna Karan," and "Glenmorangie" and 20% of Hermes International among others.My readers might imagine these luxury brands will be the first to square difficult times in case the economy starts to contract again, but America is just a small promote for these high-end luxury brands. Asia stands out as the biggest marketplace for these brands together with the rising upper-class in Asia just "eats up" the posh brands.
Milan-based luxury retailer Prada SpA announced today not wearing running shoes may be going public鈥aising $2.0 billion at the Hong Kong Stock Exchange (HKSE). Hence, here you would like to Italian iconic brand opting to list for the HKSE rather than a European wall street game. Why? Because Hong Kong is far better Prada's fastest growing sales region, Asia.LVMH Moet Hennessy Lv SA stock was trading for the same 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. Along the rate this business is expanding,
canucks store, it will own the luxurious brand market soon. Monitor this stock.Michael's Personal Notes:I rant a lot about owning the dear metals stocks, my colleagues believe that readers will undoubtedly be opting-out of PROFIT CONFIDENTIAL as they will eventually get sick and tired with being beaten covering the head by my screams to get involved with the precious metals. I disagree. The precious metal bull publication rack only in Phase II. One of the most spectacular profits still lie ahead and my readers' biggest gains with the silver and gold coins play have yet to come.Today, silver hit a whole new 31-year high,
nfl store, up three percent alone today. This morning marked the fifth consecutive week that gold bullion prices rose. The precious metals are rising while i predicted; precious metals stocks have already been the primary winners of year so far."Oil, Gold Climb on Libya Fighting; Greek Debt Risk Increases," flashed the headline on Bloomberg this morning. I would not buy it we will not want鈥?br />Read more: http://www.profitconfidential.com/#ixzz1FvE6PDkk
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