[inscionent]

Yeah NO ONE has ever made money selling luxury consumer goods, ever. /s

[threeseed]

LMVH made about $50 billion in revenue last year.

Not great. But okay for a tiny market like luxury consumer goods.

Probably should look at shutting up shop at some point.

[umeshunni]

Not enough to warrant a near-trillion dollar market cap.

[sonnyblarney]

It's a good point but most luxury goods are beyond $300 T-shirts.

And when they are, it's because of the brand and everything else going on with the brand.