Personal Finance
Who Are You Really Supporting When You Buy A Certain Brand?
By Seedly  •  October 29, 2019

Overheard at a coffee shop: “Eh! Since your girlfriend keep buying make-up from M-A-C and Michael Kors, why don’t you invest in Estée Lauder stocks?”

LVMH Moët Hennessy – Louis Vuitton SE (Also Known As LVMH)

I remember attending one of Fendi‘s closed-door event just to see what’s up.

Source: hypebeast.com

This Fendi X FILA collaboration is to die for, but not good for personal finance.

At the event, I went a little crazy on the booze, sipping on some Moët Champagne. My friend was showing us his latest Tag Heuer, but his partner’s expensive Louis Vuitton handbag stole the show.

We ended the night at one of my favourite clubs, CÉ LA VI where we downed a bottle of Belvedere Vodka.

Welcome to the world of conglomerates. Most of the brands stated above were subsidiaries of a French multinational luxury goods conglomerate, LVMH. Christian Dior SE (also known as

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By Seedly
Launched in 2016, Seedly helps users make smarter financial decisions with its budgeting app which allows its 40,000 users to sync up their financial accounts and better manage their cash-flow. Last year, we introduced a new community feature which allows users to crowdsource knowledge from peers before making a financial decision.
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