我实际上也考虑过再看一下LVMH和MS，就像奢侈品剧本以及它们表现如何。
I actually thought about also looking at LVMH and MS again sort of as like the luxury playbook and how they are doing.
顺便说一下，我们也看MS和Nike，例如，MS是一个接近的比较对象，对吧？所以，如果你看它们的数字，它们在增长方面并不是负的。但它们也显著地或比过去增长得慢得多。我认为这通常是你在所有这些公司身上看到的情况，这在某种程度上对它们俩都是好事，因为这意味着不一定只是LVMH品牌不再受欢迎了。
MS也是如此。所以我认为这向我表明，整个行业目前都在挣扎。
and by the way, we also look at MS and Nike, for example, and MS is kind of a close comp, right? So, if you look at their numbers, um, they're not in in the negative in terms of growth.
Um, but they're also significantly or growing significantly slower than they have to in the past or have in the past. And I think that's generally something that you see with all of those companies, which to some extent is a good thing for both of them because it means it's not necessarily just that LVMH brands um are not in demand anymore.
And just the same thing for for MS. So I think to me it shows that there's just in the entire industry they're currently struggling.