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by hcks 777 days ago
Europeans cannot afford it
1 comments

LVMH seems to do OK in Europe, there is certainly a thriving luxury market. Vision Pro is just not compelling enough to live up to the price tag.
73% of LVMH revenue is from outside of Europe:

https://www.lvmh.com/investors/profile/financial-indicators/

10% of population but 27% of revenue, seems pretty fair to me - if you think that buying an outsized amount of luxury tat is a good thing!