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Exploring LVMH's Strategic Brand Sales and Fashion Industry Influencers
The chapter delves into the potential sale of smaller brands within LVMH's fashion group, including Marc Jacobs and Christian Lacroix, contrasting it with their focus on key profitable brands like Louis Vuitton. It highlights Bernard Arnault's emotional attachment to owning certain brands. The discussion also covers the evolving luxury culture, consumer shifts towards experiences and vintage items, and the influence of celebrities like Pharrell Williams on the fashion industry.