Strategic Decisions and Alliances

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This chapter explores the strategic decisions made by Rachamier and Arno to gain control of LVMH, including proposing a bid for 25% of the stock and forming alliances with other entities like Guinness. It also discusses the complex ownership structure of LVMH, Bernard Arno's unique strategy of financial engineering, and the impact of his actions on Rachamier.

We tell the full history of LVMH, and how Bernard Arnault turned a $15m investment in a bankrupt French textile company into the world’s largest individual fortune. It’s a story that’s equal parts Berkshire Hathaway, Steve Jobs and Barbarians at the Gate… and wholly under-appreciated for the genius business model innovations that enabled it. Whatever industry you operate or invest in, there’s so much to be learned from Bernard and LVMH’s complete reshaping of the luxury sector over the past three and a half decades. And oh yeah, it also involves Nazi spies, Italian family murders, Rupert Murdoch, Rihanna becoming a billionaire, Jay-Z’s champagne feuds and Beyoncé wearing a 128 carat diamond. Tune in! :)

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