The FAANGs of Europe: U.S. tariffs won't harm appeal of French luxury firms
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LONDON/PARIS (Reuters) - The U.S. threat of tariffs on French goods from handbags to Champagne proved just a glancing blow to giants like LVMH and Kering this week, as investors refused to give up their decade-long love affair with luxury goods.The European luxury conglomerates are the leading lights of continental exchanges, just like digital behemoths Facebook, Amazon, Apple, Netlix and Alphabet's Google (FAANGs) are the vanguard of Wall Street stock indices and portfolios.Equity analysts..