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":"ad47a7537b40862940947ffcd7ce0569","s":"6846a27aeb9155fe"}