Luxury Stocks rebound play due to recent US-Iran peace deal + industry not disrupted by AI

Anyone looking into this?

Stock like EPA:MC (LVMH) or maybe EPA: RMS (Hermes) are down like 26% 5Y

Since the recent news of US-Iran peace deal, maybe it’s good time for them to rebound?

It’s also a plus that i think it will never be disrupted by AI + it took years to build off brand power and loyal customers..

I think competitor from China is a bit too much, most of them starting to tap in as well, buying into China local brands to expands.