![LVMH, the biggest conglomerate in luxury, has continued to outperform its peers. How? It is mostly down to the spirit of conquest. Photo: Dior](https://cache.luxurydaily.com/wp-content/uploads/2021/10/jing-daily-101121.jpeg)
How LVMH dominated luxury and where the “Bling Supremacy” goes next
Posted By a Luxury Daily columnist On In Featured,Industry sectors,Retail | No Comments![LVMH, the biggest conglomerate in luxury, has continued to outperform its peers. How? It is mostly down to the spirit of conquest. Photo: Dior](https://cache.luxurydaily.com/wp-content/uploads/2021/10/jing-daily-101121.jpeg)
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R4DsTYrvX0fO7t\/eR0SQjkExP8hYk8QG1VgEZRRi2RNIoptCz3+A0HyGLIQVYtZhwp5yahDEC8S2R7FBOirXnUIdwVE\/kCPlROKnYzy7ozfvqUmHC\/ukdQj327nzQzRCrtsbcF3+9OIim8TYjXOfsFc47PNFBGCwDv43RPnW3q9kGWczQKwZhukDbL5FYmVvaMVexu+VgTiTYtC7QcD6UjmOLaxrd8duTtf4bqOfIdhSqfKuisyUEVOgML1UFU\/A3Tg65pSi4yQtqrNvSJbomHJTZuVKFAGkDzEZwj+wdAeBkf2r7y9YFXHmmr3JVbvqm8x+C8VHw1hwwnWkwoUSLA5puwA02gwhNh+eZhFJRs9pmbe5ZGkn4SZFvjZmDty75oMClc4IaoZC+0ozrUU7vnEY0Tp5l7JYcP3wiIb40USebqA\/mlGsk5697DLO9Fm+rd0DmI1+QlLpNtyh00NGvoz6ypIurQJn9Q4yNVrwC7sxiY\/+OwSHePevFrr\/wlWPB9tKMVLkYGV57UJevR4qhmycnW+JJc6VNOKs1MOYeN2\/yrlsgoo3U86upDImdmxGBk+XT4KxezhdqH5GHlLhILXBdktSr0VOTxfYLWuDUQOebVXHC5hHI7Opy\/MdmR14qPmTmOBoLc4Jp\/yU4W4fDwI+fSzhqIdjUTYM8YunPRq2cFXiuOWkZwLmXTCiDqX1uFbpCVKty2aTv+vSVS8mIQSHMnOE5\/MblLr1vK1Jz3BBJHFi5LuKosNw+qRQbtBTA4\/S8SzrBqV0zb1caJNld65gE1hcBdDjVR25DnBrneLbTRpREo1l0pqBJNwkDYVf0pm7OrtyyXmkPfsOyhh8rafz\/ete3ZH\/ueBOcaZljfurUYted4xzGf6gn\/ojd42uWrjHgsro4TgYngUNJ4YvwEqVw\/N15ddYTI9p3qLGn8bEDM6s5CjJdiMaliQOELMG7egyqIanUodX8Rx2ckt+4cYPX9laFO4Rb0GTfZwam7I\/T771Yd30SCNIXQQBliZCvAa+ickIlpmFmzCqj7P6ScA0KN3RQTEJn\/UokR+eUnDZxL2GXzz12pg3+M6lljHwCFkBV5Zpk9Y5aUTR12in+FoGUnxAEQ4SnTBzQsLSgcbVwyFfE0wQnFB+som+vTVC54S8zzaTctpznFn0z4ixpIqq1wt5CGwslW0JZWteV6176PH\/xZxirDiQX9vnR2j0Zz+5AudxA\/M8Eqp0mVhgOf2rNYWmk7+9pvl\/DtENLstYWry\/u4HC7i\/et0wyBRJiLqrUeHqiuf7nvIh5gO2F\/XStjlwxE0xqQOVxaJHfiKfjxVT6hrxFcw3ZCaWxbOSf4txEjQQLTQkgpG+VeXJNVbtPnfDipEa71Pf0kKttCFtLLlNPmHUwiIRcwcyjQ8d3KEUwWwUEdPuIzQ6jUi1BKwSTfrm+kpnzhq0xds1qg1MCFHPqwkVK1YbIAUTytQSxn+1\/gJh+vMvpigFfDUsGnlKo4jqn4wHdvbzm\/Lh+d\/UIqCZRIyizeQGptE0Pc7nhzcwNNOb\/3J9woKRkeoG17DeEXYkEIxNPFtjOXk8I8AMWq5meoJCmudBOcwfQaaYiQkMnzGRvarsI74fjSa9Om9hzr+kV7aQ+g4C+f6w8pMx\/VTEaw3gEeJqr0ucUQnMC7z1W+\/HAtyv8Vx3afekzPydHlSNJ0sEqCZupx28sLMo0Z51Eh12+MB\/n\/QL+SwxDvXCVUxzYsK3zpX2LrF\/TsVusRDMP8nDn+\/QBChpkB3or2i8gachTQQWOixr+1Wlz59onjOsTyPn0CeWGwvQqrvdVdA1w3FcFMCsm4+9trd+YzWZINgNrBensSuyDG63se\/PR5c+GOn16E7Axvx30wPiKzfcQKJwQ2IXlV1xC+aH9SEFiz6KD4C+nDccAsB2b+9uX3dELRggV5b9T0NT3jgJ32RmUY5ytPayPhyHz1k949SLSfwo\/gRhBfDzCnHE3yXoU+kgE7VfPTgKeBb5CEDuCqBdgeHuQpMerBSTOUQ+73p\/94rG7wflm4kRCclqFDhTDWz7e7wTWAlgW\/gcKwD7jehQe58oIVngzJM7QAfbOqWYiiWZbWdmKI\/q4\/kYijQjGT3Kv0Pf8j7AkeDeebUuVhdRHsMUsYM\/8ipYQ1Y6lJafm+v\/stJ9JIBZ26glQufGCto4HrcJjwEuzYx2+D5WXTZ6Fa6yhYb4i7K179083ew+rkq1ucCGZmLYDTDJmiJohUlX89p\/1bXjwwaT7nmML2rO07yd\/S2dck0WcxM2\/DA\/FkRe10c6\/Aj1IS\/TIHNBfzpDGK7rXvYcHSJOYHdcM2wOavmP4s14P2yUsMq0Z0zwqPXw064fBC\/3TkHI+PpEyuNaBpT6ufjYH2sV7\/XngsYHUnCwJMmftVAUt075xvTIZvmw2TPhjEDZJAwucEUqtfu1LB93gM+qu8ZJ7tc9H\/+cs097Bqj5PW4Vfle0xUC8m+DHYuH8H48RX9OIcyBn8FZM\/zDpmvldgqnZ4yWMERcW37rFbtjwOjVCHcmMkVYDg7CQx9p0yiyQMp63MuUO5S4K6WaRQSOu0jwRGpKrgeAaPnQSQWIggLhprZLjlHnjLMWwY+xdTV41xCVvVTiGjmN1pXuBUcXjVr8r\/xX2CWCQvIJ2m\/d3DGH8ccdgwGHUfOlFWCjM6oZXD3G7IWkpSXjxXQZ+9JkjSk9\/BTFbxZ8\/OHz7hMsCL6xOcm+wFOwYLFNB4nRrgJFoG07UHBDwqlXg9aIxH+iusGSvy20wPeLrfNuqeVqnaSkSG6iUOhoQvbbhQfF4gS7I1rT3g\/YoyQN\/73bElCP0DGoN4UZ9xjOe3EI9xqs4gnJxPDQJKXhMvU1hIBtEOwuUXP6zH0giIHYzQrw22bQCCdbQHWOOY9RDmkCbTI2UtOaSqbqtZAM197PcBbZvpYzbS6gm5xi60UXNVfyTem1h5vnyWFddYk6X2lN41ljt4vdKhHoH2p5xTHdLEZ4jVlcFWAZhALwQihkF7MTtWAvYFXszhQRNQTLzDAwJcIfp0LSbycC7DGuZTFdUJglI8nM9d3LcX3UZab8NSUzXUH4Ge4G8024yGet2+dKW+WAoEsUGXEeM6TzUIE67q2buu5K3574KPUK6hXI5rpERo7WQajmxfcef+ir9WxIc7vWs9XbMjAD5lDKIA32IuSpn1TXmyUG7FJtDVzqN6kOHaZO+xf4k5Z6Lzz\/WcR+d4t+kwWSptOiUGFzUo72SdQ9pqt3SlnuLmA7BSQTsOD\/upW0UrsR3pby6UemrHBu0jOfg7Hp34gNzg8r6Z7UM4QEO9\/nEDu7TBDwdWJpXVMDIcPh8zqmf8sEtFihAFizMhIFZD3\/lxaHPFxknYcMCZpE9KE6uak98KX71P2Uf+2gQfepXqIDzWLa3TpjH74T1OxNofNzIXEvI+zNyF2MrTwPHQPeKQSDrWRe\/wFYX\/\/0ThNavXBqlq4Kzd6XXWURfEkDw9YtkshfVyh5ZDDRnF6MMfSPt\/tcYHeJ3QCs2mI11tENtQ1sCQR2BFq1x0sqzSuq1mQYKJM+qcjs9es5mZVbpzyZ\/IRhucGcFKEoEz1q4ZglyfgXhgaEVQAGlOfHD+6mk5UQrkH3o+GiyzDOlrs04f4PFJ6zATHuoGxLs8S3Afoo5bAV3N8D7kc3sXqvGkX8aeKoZ9Sp9\/dImiKLjF3OAM1A\/kAkFfjSDilVGetJOxhBPebrw21X1lESZpnQ7aEuDdkFe3ofd3\/Vj7vsoIheP4BemH481SrNfyOHaOlqTnfjnBnYa6HdPabxmaYbUVnlqsoktvvh2HEIAkSHt7x6wzk\/DoK+Kl8lwlcZ5tk7YPJYrDYYjGAgSHxPr8K2aD1MT9u6XQBat\/dyp0aWg323aTpdqWq0yZzryMmuRhfZ77tDl0GZQSshflj9HsNvQa5b6enQSLXLeAaQ6EslYKSdYzE6WpbXWIilcn7joe2C3gzOBoUrQocs9Ojs9yoTUwALYTsDYFUxBSPhbJxlBYv6D+2TASPWvrINGmmtOyvXId5apxtxNjGFeAV63Z7GSSz3mKxgWvfADVU9MxFzGKx01y99HQgkb3AqBp7BWl3jCVufS9gqokOO2TRm0up4Xvo6Xs6pDgnn\/sbgFz1mLdMZvZcjvEJZan9FOw4LbScf36ildGPVMPvglFgYi9cUrtbtS2ytNjmF6QCkDbJSj2fHIsDJc3wqXaTDDpY1oMWO\/l7Vk1VGqH8T+\/4SogsRTy\/ljqyELEGYRZ+RESp5HiAcmnsJbLAr8906+PulZA13RWWWDJP37qvUYZnWh7jIFAoMnJl8cHKf1ByRvvId4=","iv":"4a2a4418314051fe88667535bc3bfa95","s":"835e4e1466f41b1b"}