Слайд 2Established in 1987
French multinational luxury goods conglomerate
Subsidiaries (60): Veuve Clicquot, Fendi,
![Established in 1987 French multinational luxury goods conglomerate Subsidiaries (60): Veuve Clicquot,](/_ipx/f_webp&q_80&fit_contain&s_1440x1080/imagesDir/jpg/376565/slide-1.jpg)
DKNY, Celine, Guerlain, Givenchy, Dior, Loewe, Zenith etc.
Bernard Arnault (on pic.) -the chairman of LVMH
Слайд 3Voc.
A slump - A sudden falling off or decline, as in activity,
![Voc. A slump - A sudden falling off or decline, as in](/_ipx/f_webp&q_80&fit_contain&s_1440x1080/imagesDir/jpg/376565/slide-2.jpg)
prices, or business: a spending slump.
Bumper (adj.) - extraordinarily large: bumper sales.
Robust (adj.) – hardiest, intense: robust demand.
Bumper sales of Louis Vuitton handbags and Krug champagne is the latest sign that consumer confidence among the super rich remains robust.
Слайд 4Voc.
Like-for-like (LFL) - comparable : like-for-like sales. (The portion of current sales
![Voc. Like-for-like (LFL) - comparable : like-for-like sales. (The portion of current](/_ipx/f_webp&q_80&fit_contain&s_1440x1080/imagesDir/jpg/376565/slide-3.jpg)
achieved through activities that are comparable to the activities of the previous year.)
To take a hammering -
To defeat soundly. The share prices of luxury goods companies have taken a hammering in recent months.