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LVMH is a strong leader in the personal luxury market with its plethora of brands, many of which have been acquired by the French player, and have subsequently flourished under its ownership. LVMH is also expanding its operations in experiential luxury and fine wines/champagne and spirits. LVMH has been recording its first quarterly declines since the pandemic in 2024, although this is compared to the record revenues of a year earlier.
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