Extremely Wealthy
What LVMH Knows That American Luxury Brands Still Haven’t Learned: Outlets Are Anathema For Luxury Brands
Anathema is a strong word with religious overtones. It was a condemnation pontiffs reserved for heretics. Among the definitions of the term in Merriam-Webster is this: the denunciation of something as accursed. LVMH’s Bernard Arnault, the reigning pope of luxury marketing, brings near-religious intensity to controlling the 75 luxury maisons…
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