Analysis of Stock Price Fluctuation Factors in Luxury Goods Industry Based on LVMH’s Stock Price
DOI:
https://doi.org/10.54097/s9tsyk32Keywords:
Acquisition, stock price, COVID-19 pandemic, Russia-Ukraine conflict.Abstract
This article collects LVMH Moët Hennessy Louis Vuitton’s stock data in the past 11 years to analyze the factors affecting stock price fluctuations in the luxury goods industry. This article analyzes factors affecting stock price fluctuations by dividing time periods. Then it was concluded that the internal factors affecting LVMH’s stock price include the acquisition of Belmond and Tiffany and the provision of job opportunities for the younger generation. External factors affecting LVMH’s stock price include the US-China trade war, the COVID-19 pandemic, and the Russia-Ukraine conflict. Among them, the one that caused the most obvious fluctuations in stock prices was the acquisition of Tiffany. Based on the analysis of LVMH’s stock price fluctuations, corresponding suggestions can be made for the subsequent development of LVMH to increase profits and avoid risks. It can also provide stock investors with advice on whether to buy or sell stocks.
Downloads
References
Sihan Chen, The Financial Statement Analysis of LVMH, Proceedings of the 2022 2nd International Conference on Financial Management and Economic Transition (FMET 2022), 678-688 (2022).
Agustianawati, P., Puspitasari, R., Stock Performance Analysis, International Conference on Accounting and Management Science, 107-115 (2018).
LVMH. LVMH 2017 ANNUAL REPORT Passionate about creativity. Retrieved on March 2018. Retrieved on September 29, 2023. Retrieved from: https://r.lvmh-static.com/uploads/2018/03/lvmh_ra_2017-va.pdf.
LVMH. LVMH reaches an agreement with Belmond to increase its presence in the ultimate hospitality world. December 14, 2018. Retrieved on September 29, 2023. Retrieved from: https://www.lvmh.com/news-documents/press-releases/lvmh-reaches-an-agreement-with-belmond-to-increase-its-presence-in-the-ultimate-hospitality-world/.
S. Goulard. The Impact of the US-China Trade War on the European Union, in.sagepub.com/journals-permissions-india, 56-68 (2020).
The Business of Fashion. LVMH’s Fashion Division Is Roaring Out of the Pandemic. Retrieved on July 26, 2021. Retrieved on September 29, 2023. Retrieved from: https://www.businessoffashion.com/news/luxury/lvmhs-fashion-division-is-roaring-out-of-the-pandemic/.
The Fashion Law. Tiffany & Co. v. LVMH: The Timeline Behind Luxury’s Bigger Deal to Date. January 7, 2021. Retrieved on September 29, 2023. Retrieved from: https://www.thefashionlaw.com/a-running-timeline-of-the-16-2-billion-tiffany-co-v-lvmh-battle/.
The Motley Fool. Why LVMH Stock Is Down 27% This Year. October 17, 2022. Retrieved on September 29, 2023. Retrieved from: https://www.nasdaq.com/articles/why-lvmh-stock-is-down-27-this-year.
LVMH. Highlights from LVMH in 2021. December 23, 2021. Retrieved on September 29, 2023. Retrieved from: https://www.lvmh.com/news-documents/news/discover-the-2022-lvmh-greeting-card/
Downloads
Published
Issue
Section
License
This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.
