Friday, 27 November 2009

LVMH And Swatch Shares Rated As A Buy – 27/11/09

According to a Marketwatch report, luxury goods makers Swatch and LVMH are both rated as a buy at ING.

For Swatch, ING predicts “a gradual recovery in 2010 for top-line growth and margins.” LVMH, meanwhile, is recommended due to its “well-balanced portfolio of companies and substantial potential for top-line growth.”
Posted by Anonymous at 6:23 am
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Melinda O’Rourke is the founder and Director of MO Luxury, a dynamic, Sydney-based management firm specialising in luxury brands and services. Melinda and her associates at MO work with local and international brands across prestige retail, fashion, fine jewellery, timepieces and specialised services. Melinda is well-connected, well-read, and well-versed in the demands of the luxury market and its client base. Her advice is firmly based in objectivity and ultimately, accountability. Melinda offers constructive counsel and both strategic and creative thinking and is able to draw upon a strong network of specialised talent to compliment the MO Luxury team as needed. Melinda enjoys excellent industry relationships and is regularly quoted in the business and fashion media. Read more about MO Luxury, www.moluxury.com.au