In Depth: For Laopu Gold, the Jewelry Isn’t the Only Thing That’s Expensive

In Depth: For Laopu Gold, the Jewelry Isn’t the Only Thing That’s Expensive

In Depth: For Laopu Gold, the Jewelry Isn’t the Only Thing That’s Expensive - The retail upstart’s soaring stock price gives the Chinese company a trailing price-to-earnings ratio multiple times that of LVMH, owner of luxury brands Cartier and Tiffany & Co.