Three Luxury Companies That Can Bring You Closer to the Good Life
A lot of consumers are hurting right now, but you wouldn't know that looking at the earnings of major luxury companies.
Many luxury companies like LVMH Moet Hennessey Louis Vuitton SA (PINK: LVMHF), Burberry Group PLC (PINK: BURBY), Hermes International SCA (PINK: HESAF), and Coach Inc. (NYSE: COH) had a stronger-than-expected 2011 campaign.
Better still, they're set to expand on that success this year.
U.S. sales are regaining momentum and emerging markets - led by China - have