In LVMH Moet Hennessy Louis Vuitton, shortly after four papers had passed: Sustainability, Diversity, Finance, and Marketing, news broke of the ongoing crisis in the United States of America.
After adopting extreme isolationism, sure that they could rely on their own economy, the United States went broke. Stocks plummeted by 18% and investors were certainly unhappy. Unfortunately for LVMH, they are stuck at the heart of the States political misjudgments, severely disrupting their supply chains. LVMH believes they are directly targeted.
The US has sent unprecedented cyber attacks LVMH’s way and are creating economic warfare. The States have also resorted to disrupting digital financial transactions.
However, their Financial bloc claims to be prepared for what is to follow, as this is a developing crisis.
They are prepared to expand their markets as this isolationism takes them from four manufactures to three manufactures. However, the United States is their second largest market following behind China.
LVMH wants to further remind people that “We are French, and we will remain French.”