Louis Vuitton’s Recovery May Not Herald a Bling Boom

Louis Vuitton’s Recovery May Not Herald a Bling Boom

Luxury might not exactly be back, but it is certainly moving in the right direction. That’s the message from LVMH Moet Hennessy Louis Vuitton SE, the world’s biggest seller of top-end goods. Yet just as investors overly punished the sector earlier in the year, they may now be betting on a bling bonanza that could prove elusive.