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":"2762d0386aed391f05481343b6d035a6","s":"748e43949bd235e4"}