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8min chapter
LVMH
Acquired
Understanding Luxury vs. Premium
This chapter examines the differences between luxury and premium products, emphasizing luxury items' role in symbolizing status rather than utility. Using examples from the automotive and fashion industries, it highlights how consumer perceptions and craftsmanship contribute to the value and allure of luxury brands.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode