LVMH Moët Hennessy Louis Vuitton SE, the world's leading luxury goods supplier, has been given a 'Neutral' rating by UBS. The target price for the company is set at 660 euros.

LVMH generates most of its net sales from fashion and leather goods, which make up 48.9% of total sales. The company owns prestigious brands like Louis Vuitton, Kenzo, and Givenchy. Apart from fashion, LVMH also earns revenue from watches and jewelry (12.8%), perfumes and cosmetics (9.6%), and wines and spirits (7.7%). The wines and spirits category includes renowned brands such as Moët & Chandon and Hennessy, with LVMH holding the top position in the global champagne and cognac markets. The remaining 21% of sales come from selective distribution channels, including Sephora and high-end department stores.

Geographically, LVMH's net sales are distributed across different regions, with Asia leading at 30.8%, followed by the United States at 25.3%, and Europe at 16.4%. By the end of 2023, LVMH plans to have a network of 6,097 points of sale, further strengthening its presence in the luxury market.