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 Bya Luxury Daily columnistOn In Featured,Industry sectors,Retail | No 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","iv":"788fb56a504a6d252be880235d1fa9b8","s":"423dfd8b778ef51a"}