LVMH老板又来上海了，今天还去老铺黄金“逛了一圈”

Group 1 - Bernard Arnault, the CEO of LVMH, has been visiting China for three consecutive years, indicating the importance of the Chinese market for luxury brands [3] - LVMH, which owns brands like Louis Vuitton, Dior, and Tiffany, is facing challenges as the global luxury market is cooling down, with a projected decline in the number of luxury consumers from 400 million in 2022 to 350 million by the end of 2024 [3][4] - The luxury goods market is expected to see a total consumption of approximately €1.48 trillion in 2024, reflecting a year-on-year decline of 1%-3% [3] Group 2 - LVMH's revenue is projected to decline by 4% year-on-year to €39.81 billion in the first half of 2025, with net profit decreasing by 22% to €5.69 billion [3] - There is a growing interest among Chinese consumers in local brands, with LVMH planning to continue investing in China despite the market slowdown [4] - The overlap in consumer demographics between local brand Lao Pu Huang Jin and international luxury brands like LV and Cartier is significant, with a 77.3% overlap rate [4]