Clearly not LVMH.
The core fashion and leather goods has not been growing much since 2024.
Back in 2018, LVMH still grew 10% yoy.
Back in 2008, LVMH still grew 4.3% yoy.
In 2009, LVMH revenue decline by 1% yoy. However, the fashion and leather goods segment still grew ~5% in 2009.
