Affluent consumer spending

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LVMH, Other Luxury Companies Are Cashing In on the U.S. Market
Yahoo Finance· 2025-10-15 20:39
Cyril Marcilhacy / Bloomberg via Getty Images LVMH described the U.S. as a source of strength on a recent conference call. Key Takeaways Despite a move toward value-seeking in the U.S., Americans helped bolster sales at LVMH Moët Hennessy, the luxury goods conglomerate said. Research shows wealthy Americans are spending more freely than others and playing an outsize role in the economy. Americans haven't fallen out of love with luxury goods. While retailers and consumer-goods companies say American ...