Speaking of fascinating what LVMH can sell people...their stock and the other luxury companies in that corner of the equity market have been crazy interesting over the last year. No position myself. Congrats.
I've read that there was a big dip in Swiss watch exports when China started ramping up it's anti-corruption campaign.
I have a Kazakh-American friend who did some contract work as a pipeline welder in Kazakhstan who told me all of the watch shop windows in Astana would empty out every time large oil/gas deals were being signed.
This segment of the luxury goods market is indeed very interesting.
