Luxe run out? LVMH
Jul 31, 2025•23 min
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Summary
This episode explores the current struggles of LVMH, the luxury empire, despite its massive scale and Bernard Arnault's market-creating legacy, questioning its future amid declining sales and internal missteps. It also delves into the dangerous allure of South Korean K-dramas for North Koreans, who risk severe punishment or death to watch them, as they expose the realities of the outside world. Finally, it uses the Big Mac Index to analyze how Donald Trump's tariffs have paradoxically weakened the dollar while raising consumer prices, failing to boost US exports.Episode description
LVMH Moët Hennessy Louis Vuitton SE, to use its proper name, is led by Bernard Arnault, who is credited with creating today’s luxury industry. Can he turn the firm around after its missteps? Why do fluffy K-dramas tempt North Koreans to brave the firing squad? It is not the political messages. And our Big Mac index shows trade-tantrum effects on the dollar.
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