Paris overtakes London as Europe's largest stock market thanks to booming luxury industry

In particular, Bulgari - Louis Vuitton - ZENITH Watches owner LVMH is holding up well against worries of a global #recession.


Bulgari Villa Aurelia High Jewellery Collection 2020. (Courtesy Bulgari).

#LVMH has reported record sales since 1Q, and now as wealthy #American consumers splurge on #fashion has rapidly increased with a strong #dollar.

LVMH is a US$360 #billion company and thus Europe’s biggest company largest by #market value. LVHM stocks are down only 3.8% in 2022.