This is a brand that is going to be around for many years. Products are very high end. They are doing a good job at selling things online. A global brand and a sock that is going to do very well in the long run. 

BMW or Louis Vuitton as a 1^st time purchase into Europe? He would recommend you be conservative first and get aggressive later. This one is cyclical and in retail, which is struggling. It would be better go into a bank or an insurance company first, and after having made some money, look at other things.

Has owned this in the past. His fear is because the luxury goods space in general is suffering because of the corruption clamp down in China, has left people not wanting to carry around those luxury goods like they used to. However, this is probably the best of the luxury goods companies. If there is one luxury goods company that can navigate through this, it would be this one. At the right price he would be interested, but he doesn’t think we are there right now. Would like it in the $130s before getting interested.

(A Top Pick Dec 17/13. Down 5.02%.) The idea was that with the high-end consumer, the company would be able to name their price on articles, our European recovery. Didn’t make any money on this.

(Top Pick Mar 14/13, Up 6.04%) Hoped for more growth.  Hurt by slow down in emerging markets.  In China they really like the high end brands.  They are transitioning to soft leather without their logo.  Yield close to 3%.  As global economy recovers we will see a return of the high end consumers.

(US Over the Counter.) Has over 60 very identifiable brands. It is hard to believe, but Louis Vuitton is going even more upscale and targeting the ultra wealthy. Feels that the global recovery and the over wealthy are continuing to spend a lot of money.

Great story. You have to remember that a fair chunk of the value is Louis Vuitton, not the other parts of the business. These stocks have underperformed lately because of the emerging markets. Thinks that over 50% of their business comes from emerging markets. Relative to its peers, it is in a much better situation as it has a broader brand base. Had a very large expansion plan over the last several years, expanding in the emerging markets area and CapX is slowing down and that should help them. Trading at about 14X earnings so not excessively expensive. Has the potential to go much higher.

Luxury sector is relatively recession resistant.  Quickly picks up as things improve.  They are in many segments and well represented geographically.  It is also a play on emerging markets.  Trades in Milan and on the Pink Sheets in New York