Louis Vuitton is just such a monster in this world it's one of the two stocks that I was referring to when I said to have really driven the returns. Bernard Arno has been a great steward of a family business and he's been great at acquisitions turning those acquisitions into organic growth. Hermes got a similar profile revenues of about twelve billion dollars very nice the tension there on revenue growth over the last several years high profit marginsGreat brands in that house as well so that might be one that I would add I don't know enough about luxury goods to suggest to you as always people on the program may have interest in the stocks they talk about and the Motley Fool may have
The New York Times leaves its sports desk behind as it puts its might behind The Athletic.
(00:21) Jim Mueller and Deidre Woollard discuss: - Why the New York Times announced it is shutting down its sports department. - The future of sports coverage and sports entertainment. - The Barbie movie and the potential value of Mattel’s intellectual property.
(15:53) Ricky Mulvey and Asit Sharma look at some ultra-luxury businesses... and why they’re beating the market.
Companies discussed: NYT, DIS, RACE, RH, LVMUY, PPRUY, HESAY, MAT
Host: Deidre Woollard Guests: Jim Mueller, Asit Sharma Producer: Ricky Mulvey Engineers: Dan Boyd
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