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Is LVMH Moet Hennessy Louis Vuitton (lvmuy) a good stock to buy?

Which may be why LVMH Moet Hennessy Louis Vuitton ( LVMUY 0.82%) could be a great stock to buy now. The world's largest luxury brand is riding through this economic rough patch in fine style as the affluent continue to spend through the global malaise. This is a company with a well-diversified portfolio of brands.

Does Bernard Arnault own LVMH?

The Arnault family owns 48% of LVMH and continues to consistently buy more shares. Additionally, the family holds over 60% of the voting rights. All five of Bernard Arnault's children play key roles in the company.

Is LVMH acquiring Pharrell Williams?

They're just different than their parents and grandparents, and LVMH is beginning to acquire them imo. @Little Dude You’re spot on! LVMH has done a wonderful job keeping its brands relevant by doing things like appointing Pharrell Williams as their Men’s Creative Director.

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