Meetings Cloud LVMH, luxury sales growth may be more moderate

The profit warning, the Burberry started a few weeks ago in the luxury industry, which shows that the economic impact on most of the resilience of the consumer sector is shaded. In this context, I joined many observers are trying to predict the rest of this year to get a glimpse of the dynamic Deluxe Business 2013. LVMH is the world's largest goods luxury, of course, the prism through which to view this significant industry. Your steady income for the nine months of the third quarter of 2012 (the company reports a 10% organic growth of 6% during the third quarter of 2012, nine months) - This indicates that the lower income in the first half increased by year. (Organic sales are sales of currency fluctuations).
The current yield is a legendary brand by the group, such as Louis Vuitton Sale, Bulgari, Celine. Ability to respond and reflect on their backs fashion creativity and craftsmanship, as well as geographical diversification. Debate on the conference call, obviously, market expectations for sales in Asia has slowed, demonstrating the business of fashion and leather - although I was told that there was no reduction in sales of its core brands Louis Vuitton - reduce tourist visitors from Asia, mainly affect the business of DFS. (It's worth noting that half of LVMH Selective retailing DFS is made the other half is Sephora, which has already had considerable success and strong comparable sales worldwide there are now about 1,400 Worldwide locations within Sephora maximum of about 110 from last year.)
Ultimately, I think, from the perspective of LVMH is strong in the rest of the year, with organic revenue growth of approximately 6%, probably in the fourth quarter.
However, it is difficult to forecast beyond. Recently, I was told, in the United States, Russia and Brazil to take the case of some of the slack caused by Japanese and Chinese customers. I think a more realistic assessment of the current customer base is, although these customers in the luxury shops such as Replica Louis Vuitton, Saks Fifth Avenue (Saks Fifth Avenue) and Bloomingdale shows the slowdown in consumption.
Moreover, while the stock market due to good earnings continue to show strength, I have heard, Wall Street firms may not be able to repay the bonds in recent years - affecting the purchasing power of a large consumer of luxury goods. Overall, I think it will be a boost slow sales of luxury goods in the first half of 2013, but in his LVMH brand innovation and maintain a strong geographic diversification strategy is the right way to withstand difficult economic difficulties.