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Unraveling LVMH's Luxury Legacy
This chapter examines LVMH's remarkable ascent in the luxury market, addressing the concept of survivorship bias and the resilience of iconic brands. It explores the intricate dynamics of brand management, consumer behavior during economic downturns, and the strategic growth of luxury goods, particularly through the lens of successful acquisitions and market adaptability. The conversation also highlights emerging trends among younger consumers, positioning LVMH for future growth amidst changing economic landscapes.