UBS has rated LVMH Moët Hennessy Louis Vuitton SE as 'Neutral' with a target price of 660 euros. The luxury giant's net sales are primarily driven by fashion and leather goods (48.9%), followed by watches and jewelry (12.8%), perfumes and cosmetics (9.6%), and wines and spirits (7.7%). Geographically, sales are concentrated in Asia (30.8%) and the United States (25.3%), with a global distribution network of 6,097 points of sale by the end of 2023.
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