Earnings Season Recap #20

This week's dispatch covers topics such as LVMH's impressive overall performance and strategies for achieving long-term margin expansion in the luxury industry, Exxon Mobil's market opportunities and competitive advantages, and Zegna's brand journey and why it's still in the early stages.

The strong results across the board and particularly in China, price increases and volume growth, the currently suffering Cognac business in the U.S., the quiet luxury trend, and key strategic priorities for Louis Vuitton.