Luxury
LVMH snaps up some strategic hand-me-downs
LVMH is coming round to a “small is beautiful” mindset. The luxury group attained its 94 billion euro market capitalisation via an M&A spree a decade ago, but is now changing tack. Investing in small, promising startups is worth a go – but French peers Danone and L’Oreal already tried…
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Click here to read the full story: Reuters