Personally I do not own any of these luxury goods because they are really expensive. I am aware that many people do own one of the brands and how prices had soared over the past 3 years. One key driver which I feel will help these brands further uplift their price is the reopening of China economy.

As China's economy continues to open up, luxury goods companies such as Louis Vuitton (LV), Gucci, Hermes, Chanel, and Rolex are expected to perform well. China is a major market for luxury goods, and as the country's economy continues to grow and its middle class expands, the demand for high-end products is likely to increase.

The luxury goods industry has already seen a significant boost in recent years as Chinese consumers have become increasingly interested in luxury brands. This trend is expected to continue as the Chinese economy continues to open up, and more Chinese consumers have access to luxury goods.

Furthermore, stocks of luxury goods companies such as LVMH, the parent company of Louis Vuitton, Gucci, and other luxury brands, have performed well in recent years. LVMH's stock has seen a steady increase in value over the past few years and is considered as a blue-chip stock and a safe haven for investors. The company's strong financials and consistent growth in the luxury goods market make it a solid investment opportunity. $LVMH-Moet Hennessy Louis Vuitton(LVMHF)$ 

In summary, as China's economy continues to open up, luxury goods companies such as Louis Vuitton, Gucci, Hermes, Chanel, and Rolex are expected to perform well due to the increasing demand from Chinese consumers. LVMH, the parent company of Louis Vuitton, Gucci, and other luxury brands, has a strong financial performance and consistent growth in the luxury goods market, making it a solid investment opportunity.

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