LVMH, the biggest conglomerate in luxury, has continued to outperform its peers. How? It is mostly down to the spirit of conquest. Photo: Dior
How LVMH dominated luxury and where the “Bling Supremacy” goes next
Posted By a Luxury Daily columnist On In Featured,Industry sectors,Retail | No 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","iv":"8ef5ab2f58ddeda72f78c9a4ea61ccad","s":"ee3ed956a0c9f8d9"}